Andersen Group Inc. received a new Schedule 13G reporting that investment firm J. Goldman & Co., related entities, and Jay G. Goldman collectively beneficially own 1,160,000 shares of Class A common stock, representing 9.17% of the company’s outstanding Class A shares.
The ownership is held through J. Goldman Master Fund, L.P. and J. Goldman Enhanced Master Fund, L.P., and is reported as having shared voting and shared dispositive power over all 1,160,000 shares. The percentage is based on 12,650,000 Class A shares outstanding after the company’s December 2025 offering and full exercise of the underwriters’ over-allotment option.
The reporting parties certify the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Andersen Group Inc., indicating a passive investment stance under Schedule 13G.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Andersen Group Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
033853102
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
033853102
1
Names of Reporting Persons
J. Goldman & Co LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,160,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,160,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,160,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.17 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP No.
033853102
1
Names of Reporting Persons
J. Goldman Capital Management, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,160,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,160,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,160,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.17 %
12
Type of Reporting Person (See Instructions)
HC, CO
SCHEDULE 13G
CUSIP No.
033853102
1
Names of Reporting Persons
Jay G. Goldman
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,160,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,160,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,160,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.17 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Andersen Group Inc.
(b)
Address of issuer's principal executive offices:
333 Bush Street, Suite 1700, San Francisco, California 94104
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) J. Goldman & Co., L.P. ("JGC") with respect the shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock") of Andersen Group Inc. (the "Company") held by J. Goldman Master Fund, L.P. ("JGMF") and J. Goldman Enhanced Master Fund, L.P. ("JGEMF");
(ii) J. Goldman Capital Management, Inc. ("JGCM") with respect to the shares of Class A Common Stock held by JGMF and JGEMF; and
(iii) Mr. Jay G. Goldman with respect to the shares of Class A Common Stock held by JGMF and JGEMF.
The filing of this statement should not be construed as an admission that any of the forgoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Class A Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is:
c/o J. Goldman & Co., L.P.
510 Madison Avenue, 26th Floor
New York, NY 10022
(c)
Citizenship:
Citizenship is set forth in Row (4) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
033853102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row (9) of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 12,650,000 Class A Ordinary Shares outstanding, as reported in the Company's Prospectus filed pursuant to Rule 424(b)(4) with the Securities and Exchange Commission on December 17, 2025 and in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 22, 2025, after giving effect to the completion of the offering and the full exercise of the underwriters' over-allotment option, all as described therein.
(b)
Percent of class:
9.17%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row (5) of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row (6) of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row (7) of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row (8) of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does J. Goldman report in Andersen Group Inc. (ANDG)?
J. Goldman & Co. and related reporting persons disclose beneficial ownership of 1,160,000 shares of Andersen Group Inc. Class A common stock, equal to 9.17% of the outstanding Class A shares, based on 12,650,000 shares outstanding after the December 2025 offering.
How is the 9.17% ownership in Andersen Group Inc. (ANDG) calculated?
The 9.17% figure comes from 1,160,000 beneficially owned Class A shares divided by 12,650,000 Class A shares outstanding, as reported in Andersen Group Inc.’s December 2025 prospectus and Form 8-K following completion of the offering and full exercise of the underwriters’ over-allotment option.
Are J. Goldman & Co. and affiliates passive investors in Andersen Group Inc. (ANDG)?
The reporting persons certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Andersen Group Inc., which is consistent with a passive investment filed on Schedule 13G rather than a control-seeking position.
Who are the reporting persons in the Andersen Group Inc. (ANDG) Schedule 13G?
The Schedule 13G is filed by J. Goldman & Co., L.P., J. Goldman Capital Management, Inc., and Jay G. Goldman, with shares held through J. Goldman Master Fund, L.P. and J. Goldman Enhanced Master Fund, L.P., all reporting shared voting and investment power over the same 1,160,000 shares.
What voting and dispositive powers do the J. Goldman entities have over ANDG shares?
The reporting persons indicate 0 shares with sole voting or sole dispositive power and 1,160,000 shares with shared voting and shared dispositive power. This means decisions on voting and selling these Andersen Group Inc. shares are made collectively under shared authority.
When did the ownership level in Andersen Group Inc. (ANDG) trigger this Schedule 13G filing?
The Schedule 13G identifies December 31, 2025 as the date of the event requiring the statement, meaning the J. Goldman group’s beneficial ownership in Andersen Group Inc. crossed a reportable threshold as of that date under Section 13 of the Securities Exchange Act.
