Repository Services LLC Discloses 70.3% Controlling Stake in PCMC
PCMC filed a Ownership and Investor Activity on light trading volume (0.1× avg).
Summary
Repository Services LLC disclosed a 70.3% controlling stake in Public Company Management Corporation, confirming the entity behind the pending reverse merger with Physicians Capital Management.
Key Events · Ownership and Investor Activity · PCMC
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Controlling Stake Disclosed
Repository Services LLC reports beneficial ownership of 23,946,307 shares, representing 70.3% of PCMC's outstanding common stock based on 34,276,812 shares outstanding per the most recent Form 10-K.
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Reverse Merger Intent Confirmed
The 13D states the Reporting Person may cause the Issuer to enter into business combination or reverse-merger transactions, including the proposed acquisition of Physicians Capital Management Corporation.
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Third-Party Capital Structure
Third-party investors contributed capital to Repository Services LLC and hold economic interests in the acquired securities, but have no voting or dispositive power over the shares.
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Ownership Dates to 2020
The Reporting Person acquired the shares from prior stockholders as of September 30, 2020, but this is the first public disclosure of the controlling position.
Analysis · PCMC · Real Estate & Construction
A Schedule 13D filed by Repository Services LLC, a Wyoming holding company, reveals beneficial ownership of 23,946,307 shares — approximately 70.3% of Public Company Management Corporation's outstanding common stock. The stake was acquired from prior stockholders as of September 30, 2020, but this is the first public disclosure of the controlling position. The filing explicitly states the Reporting Person intends to exercise control over the Issuer and may cause it to enter into business combination or reverse-merger transactions, including the proposed acquisition of Physicians Capital Management Corporation. This confirms the controlling shareholder behind the reverse merger that was announced on July 6, 2026 and detailed in the August 3, 2026 10-Q, which will dilute existing holders to approximately 20% ownership. The 13D also reveals that third-party investors contributed capital to Repository Services LLC and hold economic interests in the securities, though they have no voting or dispositive power. This disclosure is material because it identifies the entity that will control the combined company post-merger and clarifies the capital structure behind the transaction.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, PCMC was trading at $0.25 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $8.6M. The 52-week trading range was $0.00 to $0.68. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.