Morgan Stanley and its subsidiary Morgan Stanley Canada Limited filed an amended beneficial ownership statement on November 6, 2026, disclosing that both entities had fallen below five percent ownership of MDA Space Ltd. common shares as of October 31, 2026.

Key Highlights

  • Triggering event: The date of event requiring this filing was October 31, 2026, with the statement signed on November 6, 2026.
  • Morgan Stanley aggregate holdings: Morgan Stanley reported beneficial ownership of 494,881 common shares of MDA Space Ltd., representing 0.3% of the class.
  • Shared voting power: Morgan Stanley reported shared voting power over 455,329 shares, with no sole voting or sole dispositive power.
  • Shared dispositive power: Morgan Stanley reported shared dispositive power over 494,585 shares.
  • Morgan Stanley Canada Limited: The Canadian subsidiary reported beneficial ownership of 395,056 common shares, representing 0.2% of the class, with shared voting and shared dispositive power each over 395,056 shares.
  • Below-5% threshold: Both reporting persons stated they "ceased to be the beneficial owner of more than five percent of the class of securities" as of the filing date.

Morgan Stanley Reduces Stake in MDA Space, a Canadian Space Technology Company

MDA Space Ltd., headquartered at 7500 Financial Drive, Brampton, Ontario, is the issuer of the common shares covered by this filing. The company's shares carry CUSIP number 55293N109. According to the filing, this amendment was submitted jointly by Morgan Stanley, organized in Delaware and headquartered at 1585 Broadway, New York, NY 10036, and its subsidiary Morgan Stanley Canada Limited, organized under federal Canadian law and located at 181 Bay Street, Suite 3700, Toronto, Canada.

The filing states that Morgan Stanley's aggregate beneficial ownership stands at 494,881 common shares, equal to 0.3% of the outstanding class. Of that total, 455,329 shares carry shared voting power and 494,585 shares carry shared dispositive power, while sole voting and sole dispositive power are each reported as zero. Morgan Stanley Canada Limited separately reports 395,056 shares with both shared voting and shared dispositive power over the full amount, amounting to 0.2% of the class.

The filing notes that it "reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the 'MS Reporting Units') of Morgan Stanley and its subsidiaries and affiliates." It further states that the filing does not reflect any securities owned by operating units whose ownership is disaggregated from the MS Reporting Units under SEC Release No. 34-39538 (January 12, 1998). Both entities classify as holding company and corporation (Morgan Stanley) and broker-dealer, financial institution, and corporation (Morgan Stanley Canada Limited). The statement was signed by Claire Gordon as Authorized Signatory for both entities.

What Was Disclosed

Morgan Stanley and Morgan Stanley Canada Limited jointly reported that, as of October 31, 2026, their combined beneficial ownership of MDA Space Ltd. common shares fell below the five percent threshold, with Morgan Stanley holding 494,881 shares (0.3%) and its Canadian subsidiary holding 395,056 shares (0.2%).