SCHEDULE 13G/A: Manulife Investment Management Updates Significant Stake in Mobileye Global, Inc. to 13.49%
Beneficial Ownership Update
Manulife Investment Management (US) LLC has filed an amended Schedule 13G, disclosing a beneficial ownership of 13.49% in Mobileye Global Inc.'s Class A Common Stock as of March 31, 2025.
Summary
- The filing is an Amendment No. 1 to Schedule 13G, filed by Manulife Financial Corporation (MFC) and its indirect, wholly-owned subsidiary, Manulife Investment Management (US) LLC (MIM (US)).
- The filing pertains to the Class A Common Stock of Mobileye Global Inc. (Issuer), with CUSIP Number 60741F104.
- MIM (US) beneficially owns 13,560,251 shares of Mobileye Global Inc.'s Class A Common Stock.
- This ownership represents 13.49% of the Class A Common Stock outstanding, based on 100,496,663 shares outstanding as of April 15, 2025, as reported in the Issuer's Form 10-Q filed on April 24, 2025.
- MIM (US) holds sole voting power and sole dispositive power over all 13,560,251 beneficially owned shares.
- Manulife Financial Corporation, as the parent holding company, may be deemed to have beneficial ownership of these same shares due to its relationship with MIM (US), though it reports 0 shares directly.
- The principal business office of MFC is in Toronto, Ontario, Canada, and MIM (US) is in Boston, Massachusetts, USA.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing disclosing beneficial ownership. It contains no performance data, strategic updates, or forward-looking statements that would indicate a positive or negative sentiment.
Future Outlook
This document is a beneficial ownership filing and does not contain any forward-looking statements or guidance regarding Mobileye Global Inc.'s future performance or operations.
Industry Context
This filing is a routine disclosure of an institutional investor's significant stake in a publicly traded company. It reflects an investment position by Manulife Investment Management (US) LLC in Mobileye Global Inc., a leader in advanced driver-assistance systems (ADAS) and autonomous driving technologies. Such disclosures are common in the financial industry, providing transparency on large institutional holdings.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding in Mobileye Global Inc., confirming a large investor's continued stake.
Key Dates
| Date | Description |
|---|---|
| January 17, 2018 | Date of Power of Attorney for Graham Miller, referenced in the filing. |
| January 29, 2018 | Date Schedule 13F-NT was filed by Manulife Financial Corporation, which included Exhibit A with the Power of Attorney. |
| March 31, 2025 | Date of Event Which Requires Filing of this Statement (reporting period end). |
| April 15, 2025 | Date as of which the number of Class A Common Stock shares outstanding (100,496,663) was determined, according to the issuer's Form 10-Q. |
| April 24, 2025 | Date Mobileye Global Inc. filed its Form 10-Q with the SEC. |
| May 1, 2025 | Signature date for Manulife Financial Corporation on the Joint Filing Agreement and Schedule 13G. |
| May 8, 2025 | Signature date for Manulife Investment Management (US) LLC on the Joint Filing Agreement and Schedule 13G. |
Keywords
Mobileye Global Inc., Manulife Investment Management (US) LLC, Manulife Financial Corporation, Schedule 13G/A, beneficial ownership, Class A Common Stock, institutional investor, SEC filing
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