SCHEDULE: Grace & Mercy Foundation Updates Gloo Holdings Stake
Schedule 13D Amendment
Grace & Mercy Foundation, Inc. reports a 19.1% beneficial ownership stake in Gloo Holdings, Inc. via Schedule 13D amendment.
Summary
- Grace & Mercy Foundation, Inc. maintains beneficial ownership of 2,500,000 shares of Class A Common Stock in Gloo Holdings, Inc.
- The reported stake represents approximately 19.1% of the total outstanding Class A Common Stock.
- The filing confirms no transactions in Class A Common Stock occurred within the 60 days prior to the event date of May 27, 2026.
- The issuer's capital structure consists of 13,108,949 Class A shares and 69,298,373 Class B shares as of May 15, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing confirming existing ownership levels without signaling new strategic shifts or market-moving transactions.
Positives
- Significant institutional or foundation-level investment indicates long-term interest in the issuer.
- The reporting person maintains sole voting and dispositive power over the 2,500,000 shares.
Negatives
- The dual-class share structure (Class B shares carry 10 votes per share) significantly dilutes the voting power of Class A shareholders, including the reporting person.
Risks
- Concentration of voting power in Class B shares may limit the influence of Class A shareholders on corporate governance.
- Market volatility associated with the issuer's stock price could impact the value of the foundation's holdings.
Future Outlook
The filing does not provide specific forward-looking business guidance, focusing instead on the disclosure of beneficial ownership status.
Management Comments
- The reporting person certifies that the information set forth in the statement is true, complete, and correct.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure regarding significant shareholding, common in the technology and holding company sectors where foundations or institutional investors maintain long-term positions.
Comparison to Industry Standards
- The disclosure follows standard SEC requirements for beneficial ownership reporting under Section 13(d) of the Securities Exchange Act.
- The dual-class structure is consistent with many high-growth technology companies aiming to maintain founder or insider control.
Stakeholder Impact
- Shareholders should note the significant concentration of ownership by the foundation.
- The dual-class structure remains a key factor for minority shareholders regarding voting influence.
Next Steps
- Continued monitoring of the issuer's share price and any future changes in beneficial ownership by the reporting person.
Key Dates
| Date | Description |
|---|---|
| 2025-11-28 | Initial Schedule 13D filing date. |
| 2026-01-12 | Amendment No. 1 to Schedule 13D filing date. |
| 2026-05-15 | Date of outstanding share count reported in Proxy Statement. |
| 2026-05-27 | Event date requiring the filing and date of Definitive Proxy Statement. |
| 2026-05-29 | Filing date of Amendment No. 2. |
Keywords
Gloo Holdings, Schedule 13D, Beneficial Ownership, Grace & Mercy Foundation, Class A Common Stock, SEC Filing
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