Rhea-AI Filing Summary
Bank of Nova Scotia reported beneficial ownership of 9,244,742 shares of Intuitive Machines, Inc. common stock, representing 5.6% of the class. The shares are reported with sole voting and sole dispositive power, with no shared voting or dispositive authority.
Bank of Nova Scotia files as a parent holding company under Rule 13d-1(b)(1)(ii)(g) and certifies that its foreign regulatory scheme is substantially comparable to that of functionally equivalent U.S. institutions. The certification is signed by Raj Sachdeva, Vice President, Head of GBM&T Compliance Canada.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 9,244,742 shares Percent of class: 5.6% Sole voting power: 9,244,742 shares +5 more
Beneficial ownership 9,244,742 shares Amount of Intuitive Machines common stock beneficially owned by Bank of Nova Scotia
Percent of class 5.6% Portion of Intuitive Machines common stock represented by Bank of Nova Scotia’s holdings
Sole voting power 9,244,742 shares Shares for which Bank of Nova Scotia has sole power to vote or direct the vote
Shared voting power 0 shares Shares for which Bank of Nova Scotia has shared power to vote or direct the vote
Sole dispositive power 9,244,742 shares Shares for which Bank of Nova Scotia has sole power to dispose or direct disposition
Shared dispositive power 0 shares Shares for which Bank of Nova Scotia has shared power to dispose or direct disposition
Reference date 06/30/2026 Date shown alongside Intuitive Machines, Inc. common stock information
Signature date 07/15/2026 Date on which the certification was signed by Raj Sachdeva
Key Terms
beneficially owned, sole power to vote, dispositive power, parent holding company, +2 more
beneficially owned financial
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole power to vote financial
"Sole power to vote or to direct the vote"
dispositive power financial
"Sole power to dispose or to direct the disposition of"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company regulatory
"A parent holding company, in accordance with 13d-1(b)(1)(ii)(g)"
foreign regulatory scheme regulatory
"the foreign regulatory scheme applicable to The Bank of Nova Scotia"
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What stake in Intuitive Machines (LUNR) does Bank of Nova Scotia report?
Bank of Nova Scotia reports beneficial ownership of 9,244,742 Intuitive Machines common shares, representing 5.6% of the class. This ownership is disclosed on a Schedule 13G and reflects the bank’s position in the company’s common stock.
How much voting power in Intuitive Machines (LUNR) does Bank of Nova Scotia hold?
The filing states Bank of Nova Scotia has sole voting power over 9,244,742 shares of Intuitive Machines common stock and no shared voting power. This means all reported voting authority for these shares resides solely with Bank of Nova Scotia.
In what capacity is Bank of Nova Scotia filing this Schedule 13G on LUNR?
Bank of Nova Scotia is filing as a parent holding company in accordance with Rule 13d-1(b)(1)(ii)(g). This indicates the position is reported at the parent-company level rather than by an operating subsidiary or individual investor.
Who signed the Intuitive Machines (LUNR) ownership certification and when?
The certification is signed by Raj Sachdeva, Vice President, Head of GBM&T Compliance Canada, on 07/15/2026. The signer also certifies that the foreign regulatory scheme applicable to Bank of Nova Scotia is substantially comparable to U.S. standards.
What percentage of Intuitive Machines (LUNR) common stock is covered in this filing?
The Schedule 13G reports that Bank of Nova Scotia’s 9,244,742 shares represent 5.6% of Intuitive Machines’ common stock. This percentage reflects the bank’s beneficial ownership relative to the company’s total outstanding common shares.