STOCK TITAN

Blue Acquisition: Magnetar group reports 0% stake

Magnetar-affiliated reporting persons report their Blue Acquisition Corp (BACC) beneficial ownership has been reduced to 0 shares, or 0% of the common stock.

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Blue Acquisition Corp/Cayman (BACC) received an amended Schedule 13G stating that a group of institutional investors associated with Magnetar no longer beneficially owns its common stock. Amendment No. 1 reports that, as of June 30, 2026, Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman collectively held 0 shares of Blue Acquisition Corp common stock, par value $0.0001.

The filing states that this position represents approximately 0% of the outstanding common shares, and confirms that the Reporting Persons have no sole or shared voting or dispositive power over any Blue Acquisition Corp shares. The Reporting Persons therefore report ownership of 5 percent or less of this class of securities.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 0 shares Common stock of Blue Acquisition Corp as of June 30, 2026
Percent of class owned 0% Approximate percentage of Blue Acquisition Corp common shares outstanding
Sole voting power 0 shares Shares over which the Reporting Persons have sole power to vote
Shared voting power 0 shares Shares over which the Reporting Persons have shared power to vote
Sole dispositive power 0 shares Shares over which the Reporting Persons have sole power to dispose
Shared dispositive power 0 shares Shares over which the Reporting Persons have shared power to dispose
beneficial owner financial
"were deemed to be the beneficial owner constituting approximately 0% of the total"
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.
Investment Adviser financial
"Magnetar Financial serves as the investment adviser to the Magnetar Funds"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
dispositive power financial
"Sole Dispositive Power 0.00 6 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Ownership of 5 percent or less of a class financial
"Item 5. | Ownership of 5 Percent or Less of a Class."
Power of Attorney regulatory
"99.2 Power of Attorney, dated as of December 22, 2022"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Joint Filing Agreement regulatory
"99.1 Joint Filing Agreement, dated as of September 4, 2026"

FAQ

What does the Schedule 13G/A filed for BACC report about Magnetar’s ownership?

It reports that, as of June 30, 2026, Magnetar Financial LLC and related reporting persons collectively beneficially owned 0 shares of Blue Acquisition Corp common stock, representing approximately 0% of the outstanding shares.

Who are the reporting persons named in the BACC Schedule 13G/A amendment?

The amendment is filed on behalf of Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, who are collectively referred to as the Reporting Persons.

What voting power over BACC shares do the Magnetar reporting persons disclose?

They disclose no voting power over Blue Acquisition Corp shares: 0 shares with sole power to vote and 0 shares with shared power to vote as of June 30, 2026.

What dispositive power over BACC stock is reported by Magnetar and affiliates?

They report no dispositive power over Blue Acquisition Corp stock: 0 shares with sole power to dispose of and 0 shares with shared power to dispose of, as of June 30, 2026.

What is the key ownership threshold disclosure in this BACC Schedule 13G/A?

The Reporting Persons state they now have ownership of 5 percent or less of Blue Acquisition Corp’s common stock, quantified as 0 shares and approximately 0% of the class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G1331A108

(CUSIP Number)
06/30/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



MAGNETAR FINANCIAL LLC
Signature:/s/ Hayley Stein
Name/Title:Name: Hayley Stein, Title: Attorney-in-fact for David J. Snyderman, Administrative Manager of Supernova Management LLC
Date:09/04/2026
MAGNETAR CAPITAL PARTNERS LP
Signature:/s/ Hayley Stein
Name/Title:Name: Hayley Stein, Title: Attorney-in-fact for David J. Snyderman, Administrative Manager of Supernova Management LLC
Date:09/04/2026
SUPERNOVA MANAGEMENT LLC
Signature:/s/ Hayley Stein
Name/Title:Name: Hayley Stein, Title: Attorney-in-fact for David J. Snyderman, Administrative Manager of Supernova Management LLC
Date:09/04/2026
DAVID J. SNYDERMAN
Signature:/s/ Hayley Stein
Name/Title:Name: Hayley Stein, Title: Attorney-in-fact for David J. Snyderman, Administrative Manager of Supernova Management LLC
Date:09/04/2026

Comments accompanying signature: MAGNETAR FINANCIAL LLC BY: Magnetar Capital Partners LP, its Sole Member BY: Supernova Management LLC, its General Partner MAGNETAR CAPITAL PARTNERS LP By: Supernova Management LLC, its General Partner
Exhibit Information

99.1 Joint Filing Agreement, dated as of September 4, 2026, among the Reporting Persons. 99.2 Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons on September 4, 2026.

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