SCHEDULE 13G: Periscope Capital Inc. Discloses 5.1% Passive Stake in Real Messenger Corp
Schedule 13G Filing
Periscope Capital Inc., a Canadian investment adviser, has disclosed a passive 5.1% beneficial ownership stake in Real Messenger Corp's Class A ordinary shares.
Summary
- Periscope Capital Inc. has filed a Schedule 13G, indicating beneficial ownership of 258,050 Class A ordinary shares of Real Messenger Corp.
- This ownership represents 5.1% of the Issuer's Class A ordinary shares outstanding.
- The percentage is calculated based on 5,079,348 shares, which includes 4,821,298 shares outstanding as of November 19, 2024, plus 258,050 shares obtainable from the conversion of warrants beneficially owned by Periscope.
- Periscope Capital Inc. directly owns 41,000 shares, while private investment funds managed by Periscope (Periscope Funds) collectively own 217,050 shares.
- Periscope Capital Inc. is a non-U.S. investment adviser based in Toronto, Ontario, Canada.
- The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Real Messenger Corp.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory disclosure of a passive ownership stake. It contains no positive or negative operational news, financial results, or strategic updates that would influence sentiment.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of a significant passive ownership stake by an investment firm in a publicly traded company. It does not provide specific insights into Real Messenger Corp's operational performance or strategic direction, nor does it directly relate to broader industry trends beyond indicating an investment firm's interest in the real estate technology or messaging sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant passive investor's stake, which can offer some stability or validation of the company's value, but does not imply active engagement or control changes.
Key Dates
| Date | Description |
|---|---|
| 2024-11-19 | Date as of which 4,821,298 shares of Common Stock were reported outstanding on the Issuer's Form 20-F. |
| 2024-11-25 | Date Real Messenger Corp filed its Form 20-F with the SEC. |
| 2024-12-31 | Date of event which requires the filing of this statement (end of reporting period). |
| 2025-02-11 | Date the Schedule 13G was signed by Periscope Capital Inc. |
Keywords
Real Messenger Corp, Periscope Capital Inc., Schedule 13G, Beneficial Ownership, Class A ordinary shares, SEC filing, Investment Adviser, Passive Investment, Equity Stake
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