Summary by Moomoo AI
Morgan Stanley and its subsidiary Morgan Stanley Smith Barney LLC have filed a Schedule 13G with the United States Securities and Exchange Commission (SEC) on November 7, 2024, indicating a significant stake in Global Gas Corp. The filing, which is required for parties holding more than 5% of a company's shares, shows that Morgan Stanley and Morgan Stanley Smith Barney LLC collectively own 9.6% of Global Gas's Class A Common Stock, amounting to 579,066 and 578,849 shares respectively. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934, which applies to certain institutional investors. Both entities have shared voting and dispositive power over the shares, but neither has sole voting or dispositive power. The address for both Morgan Stanley and its subsidiary is 1585 Broadway, New York, NY 10036, and both are organized under the laws of Delaware. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Global Gas Corp.
