SC 13G/A: Telesat Corp
Ticker: TSAT · Form: SC 13G/A · Filed: Apr 8, 2024 · CIK: 1845840
| Field | Detail |
|---|---|
| Company | Telesat Corp (TSAT) |
| Form Type | SC 13G/A |
| Filed Date | Apr 8, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Telesat Corp.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Telesat Corp (ticker: TSAT) to the SEC on Apr 8, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
How long is this filing?
Telesat Corp's SC 13G/A filing is 6 pages with approximately 1,743 words. Estimated reading time is 7 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,743 words · 7 min read · ~6 pages · Grade level 7.6 · Accepted 2024-04-08 15:06:21
Filing Documents
- tsat13ga3.htm (SC 13G/A) — 56KB
- 0000935836-24-000348.txt ( ) — 57KB
Ownership
Item 4. Ownership. See Items 5-9 and 11 of the cover page. The percentages reported in this Schedule 13G are based on 13,497,501 of the Issuer’s Class A Common Shares and Class B Variable Voting Shares outstanding as of December 31, 2023, as reported in the Form 20-F filed by the Issuer on March 28, 2024.
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Mr. Lau and Ms. Man are the control persons of LM Asset IM, which is the investment adviser to LM Fund. They are also the control person of another investment adviser to another private investment fund. Those entities have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock. However, no account other than LM Fund beneficially owns more than five percent of the outstanding Stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certification
Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated:April 8, 2024 /s/ Daniel Lau Daniel Lau /s/ Christine Man Christine Man LM ASSET (IM) INC. By: /s/ Daniel Lau Name: Daniel Lau Title: Director LM ASSET FUND LIMITED PARTNERSHIP By: /s/ Daniel Lau Name: Daniel Lau Title: Director of General Partner 7 CUSIP No. 879512309 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G and Forms 3, 4 or 5 (and any amendments or supplements thereto) required under section 13(d) or 16(a) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the securities of any issuer. For that purpose, the undersigned hereby constitute and appoint Daniel Lau, as the undersigned’s true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to