GMT Capital Corp. Establishes 5.1% Passive Stake in CI&T Inc (CINT)

On May 15, 2026, GMT Capital Corp. and its control person, Thomas E. Claugus, filed a Schedule 13G with the SEC, reporting a new 5.1% ownership stake in CI&T Inc (CINT). As of the event date on March 31, 2026, the reporting persons beneficially own 1,213,061 Class A common shares. This position is held across several managed funds and accounts, including Bay Resource Partners, L.P., Bay II Resource Partners, L.P., and Bay Resource Partners Offshore Master Fund, L.P. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The ownership percentage was calculated based on approximately 23.8 million Class A shares outstanding as of late 2025. This filing marks an increase from a previous 0.0% holding, establishing GMT Capital Corp. as a significant passive institutional investor in the Brazil-based technology solutions provider.