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.
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
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Negative
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Key Figures
Key Terms
beneficial owner financial
Investment Adviser financial
dispositive power financial
Ownership of 5 percent or less of a class financial
Power of Attorney regulatory
Joint Filing Agreement regulatory
FAQ
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What does the Schedule 13G/A filed for BACC report about Magnetar’s ownership?
Who are the reporting persons named in the BACC Schedule 13G/A amendment?
What dispositive power over BACC stock is reported by Magnetar and affiliates?
What is the key ownership threshold disclosure in this BACC Schedule 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.