SCHEDULE: Goldman Sachs Reports Minimal Stake in POWERBANK Corp
Beneficial Ownership Report
Goldman Sachs Group and its subsidiary report a 0.0% beneficial ownership in POWERBANK Corp common shares.
Summary
- The Goldman Sachs Group, Inc. and its subsidiary, Goldman Sachs & Co. LLC, have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Common Shares of POWERBANK Corp.
- As of June 30, 2025, the reporting persons collectively beneficially own 6,187.00 common shares of POWERBANK Corp.
- This ownership represents 0.0% of the total class of securities.
- Both entities report shared voting power and shared dispositive power over all 6,187.00 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership disclosure of a very small, non-controlling stake (0.0%), which is neutral in sentiment regarding the issuer's performance or outlook.
Positives
- No significant positives for the issuer are indicated by this filing due to the minimal ownership percentage.
Negatives
- No significant negatives for the issuer are indicated by this filing due to the minimal ownership percentage, implying no material institutional backing from this specific filing.
Risks
- No specific risks related to POWERBANK Corp's operations or financial health are disclosed in this ownership filing.
Future Outlook
Not applicable to this type of filing, as Schedule 13G reports current beneficial ownership and does not provide forward-looking statements or guidance for the issuer.
Management Comments
- No direct management comments from POWERBANK Corp are included in this beneficial ownership filing.
Industry Context
Not applicable to this type of filing, as Schedule 13G reports beneficial ownership and does not provide analysis of broader industry trends or competitors for the issuer.
Comparison to Industry Standards
- Not applicable to this type of filing.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- No legal proceedings or regulatory matters concerning POWERBANK Corp are disclosed in this filing.
Related Party Transactions
- No related party dealings concerning POWERBANK Corp are disclosed in this filing.
Stakeholder Impact
- The impact on shareholders, employees, customers, suppliers, and creditors of POWERBANK Corp is minimal, as the reported beneficial ownership represents a negligible 0.0% of the company's common shares.
Next Steps
- No specific future actions or milestones for POWERBANK Corp are mentioned in this beneficial ownership filing.
Key Dates
| Date | Description |
|---|---|
| 2024-07-29 | Superseded Power of Attorney granted by The Goldman Sachs Group, Inc. |
| 2024-10-01 | Superseded Power of Attorney granted by Goldman Sachs & Co. LLC. |
| 2025-06-30 | Date of event which requires filing of this statement. |
| 2025-07-16 | Effective date of new Power of Attorney for The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. |
| 2025-07-17 | Date of signing the Schedule 13G filing. |
| 2026-07-16 | Expiration date of the current Power of Attorney. |
Keywords
POWERBANK Corp, Goldman Sachs, Schedule 13G, Beneficial Ownership, Common Shares, SEC Filing, Institutional Ownership
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