Karpus Management, Inc. Reports New 6.2% Stake in Globa Terra Acquisition Corp
On May 14, 2026, Karpus Management, Inc. (d/b/a Karpus Investment Management) filed a Schedule 13G reporting a new 6.2% ownership stake in Globa Terra Acquisition Corp (GTERA). The filing indicates that as of March 31, 2026, Karpus beneficially owns 1,470,687 shares of common stock. Karpus Management, a New York-based registered investment adviser, holds sole voting and dispositive power over all reported shares. The reporting person is a subsidiary of City of London Investment Group plc (CLIG); however, due to established informational barriers, Karpus exercises independent investment and voting power, and attribution of ownership to CLIG is not required. This position represents a significant increase from a previous 0% holding, crossing the 5% regulatory threshold. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. The filing was signed by Jodi L. Hedberg, Chief Compliance Officer.