SCHEDULE: HOOPP Discloses 6.1% Stake in Perimeter Acquisition

Sentiment:

Beneficial Ownership Report


Healthcare of Ontario Pension Plan Trust Fund (HOOPP) has disclosed a 6.1% beneficial ownership stake in Perimeter Acquisition Corp. I, holding 1.5 million Class A ordinary shares.

Summary

  • Healthcare of Ontario Pension Plan Trust Fund (HOOPP), a pension plan formed as a trust under the laws of Ontario, Canada, has filed a Schedule 13G.
  • HOOPP beneficially owns 1,500,000 Class A ordinary shares of Perimeter Acquisition Corp. I.
  • This ownership represents 6.1% of the Class A ordinary shares outstanding.
  • The percentage ownership is based on 24,788,000 Class A shares issued and outstanding as of June 18, 2025, as reported in the Issuer's Form 10-Q filed on June 23, 2025.
  • The shares are held in the form of units, with each unit consisting of one Class A Share and one-half of one redeemable warrant.
  • Each whole warrant entitles the holder to purchase one Class A Share at a price of $11.50 per share, subject to adjustment.
  • The securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding the issuer's operations or financial performance.

Industry Context

This filing indicates a significant institutional investment in a blank check company (SPAC), which is common for such entities as they seek to identify and merge with a target company. The investment by a large pension fund like HOOPP suggests a long-term, passive investment strategy in the SPAC market.

Stakeholder Impact

  • Shareholders: The disclosure of a new significant institutional shareholder (HOOPP) may be viewed positively, potentially signaling confidence in the issuer's future prospects or investment strategy.
  • Investors: Provides transparency regarding the ownership structure of Perimeter Acquisition Corp. I.

Key Dates

DateDescription
06/18/2025Date as of which 24,788,000 Class A Shares were reported as issued and outstanding.
06/23/2025Date Issuer's quarterly report on Form 10-Q was filed, reporting shares outstanding.
06/30/2025Date of event which requires the filing of this statement.
08/13/2025Date of filing signature by HOOPP Compliance Officer.

Keywords

Perimeter Acquisition Corp. I, HOOPP, Healthcare of Ontario Pension Plan Trust Fund, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SPAC, Warrants, Institutional Investor

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