GCMG — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• (3)Mr. Sacks is the ultimate managing member of each of (i) Holdings, (ii) Management LLC, (iii) Holdings II, and (iv) GCM Progress Subsidiary LLC, a Delaware limited liability company (collectively, the “GCMH Equityholders”). Any distribution of proceeds derived from the securities held by the GCMH…

• (4)As of May 4, 2026, there were 60,383,165 shares of Class A common stock outstanding and 141,665,831 common units of GCMH (“Common Units”) outstanding held by the GCMH Equityholders, which may be exchanged for shares of Class A common stock on a one-to-one basis, or, at our election, for cash, pur…

• Other operating income primarily consists of administrative fees from certain private investment vehicles where we perform a full suite of administrative functions, but for which we do not manage or advise. We satisfy our performance obligations for administrative fees over time as the services are …

• Other income consists primarily of other non-operating items, including write-off of unamortized debt issuance costs due to prepayments and refinancing of debt and interest income.

• Less: Net income attributable to noncontrolling interests in subsidiaries864 175

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• (3)Each warrant entitles the registered holder to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment.

• (4)Mr. Sacks is the ultimate managing member of each of (i) Holdings, (ii) Management LLC, (iii) Holdings II, and (iv) GCM Progress Subsidiary LLC, a Delaware limited liability company (collectively, the “GCMH Equityholders”). Any distribution of proceeds derived from the securities held by the GCMH…

• (5)As of November 3, 2025, there were 52,530,599 shares of Class A common stock outstanding and 141,665,831 common units of GCMH (“Common Units”) outstanding held by the GCMH Equityholders, which may be exchanged for shares of Class A common stock on a one-to-one basis, or, at the Company’s election…

• Other operating income primarily consists of administrative fees from certain private investment vehicles where we perform a full suite of administrative functions but do not manage or advise and have no discretion over the capital.

• Other income (expense) consists primarily of other non-operating items, including interest income.

Text added vs the prior filing · source: 10-Q · 2026-05-07

• We are increasingly utilizing artificial intelligence (“AI”) tools, including large language models, and any prolonged disruption in access to those tools, or any material errors generated by those tools, could adversely affect our operations and expose the Company to legal, regulatory, reputational…

• We have integrated, and continue to integrate, artificial intelligence tools, including large language models and related generative AI applications, into certain parts of our business operations, including, without limitation, legal, compliance, client services, and administrative functions. While …

• The regulatory landscape governing the use of artificial intelligence in financial services is rapidly evolving and remains unsettled, and we may incur significant compliance costs or be required to modify or discontinue certain AI-assisted workflows if our use of these tools is determined to be inc…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• On September 16, 2025, Pamela Bentley, the Company’s Chief Financial Officer, adopted a trading plan for the sale of shares of the Company’s Class A common stock, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. The plan expires on the earlier of…