SCHEDULE 13G/A: Nomura Holdings and Subsidiary Disclose 2.2% Passive Stake in Jushi Holdings Inc.

Sentiment:

Beneficial Ownership Filing


Nomura Holdings Inc. and its wholly-owned subsidiary, Nomura Global Financial Products, Inc., have filed an amended Schedule 13G disclosing a passive beneficial ownership of 2.2% in Jushi Holdings Inc.'s Subordinate Voting Shares as of March 31, 2025.

Summary

  • Nomura Holdings Inc. and Nomura Global Financial Products, Inc. (NGFP) jointly filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Jushi Holdings Inc.
  • As of March 31, 2025, the reporting persons collectively beneficially own 4,391,540 Subordinate Voting Shares of Jushi Holdings Inc.
  • This ownership represents 2.2% of the total 196,696,597 Subordinate Voting Shares outstanding as of March 31, 2025, as reported in Jushi Holdings Inc.'s Form 10-Q.
  • Nomura Global Financial Products, Inc. holds the shares directly, and Nomura Holdings, Inc. is deemed to beneficially own them as NGFP's parent company.
  • The shares 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 document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Jushi Holdings Inc.'s future performance or operations.

Industry Context

This filing is a routine disclosure of passive beneficial ownership by a major financial institution, Nomura Holdings, in a publicly traded company, Jushi Holdings Inc. It reflects an investment position rather than a strategic industry move or competitive action.

Related Party Transactions

  • Nomura Global Financial Products, Inc. is a wholly owned subsidiary of Nomura Holdings, Inc., establishing a related party relationship between the two reporting entities concerning the beneficial ownership.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional investor's passive stake in the company.

Key Dates

DateDescription
03/31/2025Date of event which requires filing of this statement (beneficial ownership calculation date).
05/08/2025Date Jushi Holdings Inc. filed its quarterly report on Form 10-Q, reporting outstanding shares.
05/15/2025Date of signing and filing of this Schedule 13G Amendment No. 2.

Keywords

Jushi Holdings Inc., Nomura Holdings Inc., Nomura Global Financial Products Inc., Schedule 13G, Beneficial Ownership, Subordinate Voting Shares, SEC Filing, Institutional Investor, Passive Investment

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