SCHEDULE: Grace & Mercy Foundation Ups Stake in Gloo Holdings
Ownership Filing Amendment
Grace & Mercy Foundation, Inc. has increased its beneficial ownership of Gloo Holdings, Inc. Class A Common Stock to 12.0% following a recent public offering.
Summary
- Grace & Mercy Foundation, Inc. (the Reporting Person) has filed an amendment to its Schedule 13D, reporting an increase in its beneficial ownership of Gloo Holdings, Inc. Class A Common Stock.
- The Reporting Person purchased an additional 923,076 shares of Class A Common Stock in an underwritten public offering on July 9, 2026, at a price of $3.25 per share, for a total investment of approximately $3,000,000.
- This transaction, which closed on July 10, 2026, brings the Reporting Person's total beneficial ownership to 3,423,076 shares, representing approximately 12.0% of the outstanding Class A Common Stock.
- The source of funds for this purchase was the Reporting Person's working capital.
- As of the filing date, Gloo Holdings, Inc. had 28,523,881 shares of Class A Common Stock and 59,048,408 shares of Class B Common Stock outstanding.
- Each Class A share has one vote, while each Class B share has ten votes and is convertible into one Class A share.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports on a completed transaction and an increase in stake by an existing investor, without new operational or financial performance data.
Positives
- Grace & Mercy Foundation has increased its investment in Gloo Holdings, Inc., indicating confidence in the company's prospects.
- The acquisition of shares was made at a defined offering price of $3.25 per share.
- The Reporting Person exercises sole voting and dispositive power over the acquired securities.
Future Outlook
This filing primarily reports on a past transaction and does not contain specific forward-looking statements or guidance from Gloo Holdings, Inc. regarding future performance.
Industry Context
StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant ownership changes in publicly traded companies. An increase in beneficial ownership by a foundation often signals a long-term investment perspective or a strategic interest in the company's governance or direction.
Stakeholder Impact
- Shareholders: The increased stake by Grace & Mercy Foundation may influence voting power and strategic decisions within Gloo Holdings.
- Management: The foundation's increased ownership could lead to closer scrutiny or engagement with the company's leadership.
- Creditors: No direct impact is indicated, but significant ownership shifts can sometimes signal changes in financial strategy.
Key Dates
| Date | Description |
|---|---|
| 2025-11-28 | Original Schedule 13D filing date. |
| 2026-01-12 | Amendment No. 1 to Schedule 13D filing date. |
| 2026-05-29 | Amendment No. 2 to Schedule 13D filing date. |
| 2026-06-11 | Amendment No. 3 to Schedule 13D filing date. |
| 2026-04-30 | Date as of which outstanding shares of Class A and Class B Common Stock were reported. |
| 2026-05-01 | Start date for Class B Common Stock conversions. |
| 2026-07-02 | End date for Class B Common Stock conversions. |
| 2026-07-09 | Event Date: Reporting Person agreed to purchase shares in the underwritten public offering and Rule 424(b)(4) Prospectus filed with the SEC. |
| 2026-07-10 | Transaction closing date. |
| 2026-07-13 | Filing Date of Amendment No. 4. |
Keywords
Gloo Holdings, Schedule 13D, Grace & Mercy Foundation, Class A Common Stock, Beneficial Ownership, Public Offering, SEC Filing, Investment
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