Highbridge Capital Management (ALPX) discloses 8% holding in Alpex Class A shares
Rhea-AI Filing Summary
Highbridge Capital Management, LLC filed as an institutional investor reporting beneficial ownership of 950,000 Class A Ordinary Shares of Alpex Acquisition Corp. This position represents 8.0% of the Class A shares, based on 11,917,500 shares outstanding after the IPO and full exercise of the underwriters’ over-allotment option. Highbridge, a Delaware limited liability company, reports sole voting and sole dispositive power over these shares, which are held by certain Highbridge-managed funds that have the right to receive dividends and sale proceeds. The filing states it should not be construed as an admission of beneficial ownership for Section 13 purposes.
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Key Figures
Shares beneficially owned: 950,000 Class A Ordinary Shares
Ownership percentage: 8.0%
Shares outstanding baseline: 11,917,500 Class A Ordinary Shares
+2 more
5 metrics
Shares beneficially owned
950,000 Class A Ordinary Shares
Reported by Highbridge Capital Management, LLC on Schedule 13G
Ownership percentage
8.0%
Percentage of Alpex Class A Ordinary Shares beneficially owned by Highbridge
Shares outstanding baseline
11,917,500 Class A Ordinary Shares
Aggregate shares outstanding after offering and full over-allotment exercise
Sole voting power
950,000 Class A Ordinary Shares
Shares over which Highbridge reports sole power to vote
Sole dispositive power
950,000 Class A Ordinary Shares
Shares over which Highbridge reports sole power to dispose
Key Terms
beneficial owner, sole voting power, sole dispositive power, over-allotment option, +1 more
5 terms
beneficial owner regulatory
"not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13... the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power regulatory
"Sole Voting Power 950,000.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power regulatory
"Sole Dispositive Power 950,000.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
over-allotment option financial
"after giving effect to the offering described therein, and the full exercise of the underwriters' over-allotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
Investment Company Act of 1940 regulatory
"A listing of the shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
FAQ
What stake in Alpex Acquisition Corp (ALPX) does Highbridge Capital Management report?
Highbridge Capital Management reports beneficial ownership of 950,000 Class A Ordinary Shares of Alpex Acquisition Corp, representing 8.0% of the outstanding Class A shares based on the company’s post-offering share count.
How was the 8.0% ownership of ALPX by Highbridge Capital Management calculated?
The 8.0% ownership is based on an aggregate of 11,917,500 Class A Ordinary Shares outstanding, as stated in Alpex’s prospectus and Form 8-K after giving effect to the offering and full over-allotment exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.