SCHEDULE: Bank of Nova Scotia Discloses 5.18% Stake in PROS Holdings

Bank of Nova Scotia has reported a beneficial ownership of 5.18% in PROS Holdings, Inc., holding 2,591,261 shares of common stock as of September 30, 2025.

Summary

• Bank of Nova Scotia reported beneficial ownership of 2,591,261 shares of PROS Holdings, Inc. common stock.
• This ownership represents 5.18% of the class of securities.
• The filing was made under Rule 13d-1(b), indicating a passive institutional investor.
• Bank of Nova Scotia holds sole voting power and sole dispositive power over all 2,591,261 reported shares.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of a significant passive stake by a major financial institution, which can be viewed as a neutral to slightly positive indicator of institutional confidence in PROS Holdings, Inc.

Positives

• A major financial institution, Bank of Nova Scotia, holds a significant stake, which can be interpreted as a vote of confidence in PROS Holdings, Inc.

Future Outlook

NA

Industry Context

This filing reflects a routine disclosure by a financial institution of a significant passive investment in a publicly traded software company. It does not provide specific insights into broader industry trends or competitive positioning beyond the fact that a major bank holds an equity stake in PROS Holdings, Inc.

Stakeholder Impact

• Shareholders: May view the significant institutional ownership as a positive signal of confidence in the company.
• Company Management: Awareness of a large institutional shareholder may influence strategic decisions, though this is a passive stake.

Key Dates

Keywords

PROS Holdings, Bank of Nova Scotia, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Equity Stake, Financial Services, Software