- 30 Sep 2025 SCHEDULE 13G Report for Embrace Change Acquisition Corp. Ordinary Shares, par value $0.0001 per share (EMCG)

Filing Manager: BANK OF MONTREAL /CAN/
Reporting Manager: Bank of Montreal
Security: Embrace Change Acquisition Corp. Ordinary Shares, par value $0.0001 per share
Symbol: EMCG
Shares outstanding: 4.52M shares
Disclosed Ownership: 250K shares
Ownership: 5.53%
Form type: SCHEDULE 13G
Filing time: 13 Nov 2025, 09:59:20 UTC
Date of event: 30 Sep 2025
SEC: View on sec.gov

Reporting Managers (3)

Name	Ownership	Shares Owned	shared voting power	Signature	Title
Bank of Montreal	5.53%	250K	250K	Kathryn Cenac	Managing Director - Regulatory Solutions Group
BANK OF MONTREAL HOLDING INC.	5.53%	250K	250K	Kathryn Cenac	Managing Director - Regulatory Solutions Group
BMO NESBITT BURNS INC.	5.53%	250K	250K	Kathryn Cenac	Managing Director - Regulatory Solutions Group