[SCHEDULE 13G/A] Black Spade Acquisition II Co Warrant SEC Filing

Rhea-AI Filing Summary

Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott filed an amendment to Schedule 13G/A relating to Class A ordinary shares (CUSIP G1153L109) of Black Spade Acquisition II Co. The filing states the principal business address of the reporting persons is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939, and the issuer's principal executive office is in Hong Kong. Each reporting person discloses zero beneficial ownership of Class A ordinary shares, representing 0% of the class, and each disclaims group membership and beneficial ownership except to the extent of any pecuniary interest. The filing is signed by Steven Patrick Pigott as Chief Investment Officer on behalf of the reporting persons.

Positive

• Clear disclosure of reporting persons' identities, addresses and citizenships, improving transparency
• Explicit statement of 0% ownership removes ambiguity about any controlling or influential stake

Negative

• None.

Insights

Financial Analyst

TL;DR: Reporting persons disclose no economic or voting stake in BSIIW; filing is a routine ownership update.

The Schedule 13G/A confirms that Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott hold 0 Class A ordinary shares and 0% of the class. For investors, the filing provides clarity that these named investment-related entities do not currently have a position that could influence control or signal active engagement with the issuer. The filing includes usual disclaimers that ownership is limited to any pecuniary interest only.

Corporate Governance Expert

TL;DR: No governance or control implications; disclosure is procedural and non-material.

The document is a standard Schedule 13G/A amendment showing no beneficial ownership and explicit disclaimers of group affiliation. Because the reporting persons state 0 voting and dispositive power, there is no change to the issuer's governance profile resulting from these filers. The signatures indicate appropriate certification by the Chief Investment Officer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Black Spade Acquisition II Co

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G1153L109

(CUSIP Number)

06/30/2025

(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. G1153L109

1

Names of Reporting Persons

Fort Baker Capital Management 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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G1153L109

1

Names of Reporting Persons

Steven Patrick Pigott

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. G1153L109

1

Names of Reporting Persons

Fort Baker Capital, LLC

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Black Spade Acquisition II Co
(b)	Address of issuer's principal executive offices: Suite 2902, 29/F, The Centrium, 60 Wyndham Street, Central, Hong Kong, 00000
Item 2.
(a)	Name of person filing: Fort Baker Capital Management LP Steven Patrick Pigott Fort Baker Capital, LLC
(b)	Address or principal business office or, if none, residence: The principal business address of each reporting person is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.
(c)	Citizenship: Fort Baker Capital Management LP: Delaware Limited Partnership Steven Patrick Pigott: Citizen of the United States Fort Baker Capital, LLC: Delaware Limited Liability Company
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G1153L109
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: Reference is hereby made to Items 5-9 of this Schedule, which Items are incorporated by reference herein. Fort Baker Capital Management LP directly holds 0 Class A ordinary shares. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP. The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each also disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
(b)	Percent of class: Fort Baker Capital Management LP: 0 % Steven Patrick Pigott: 0 % Fort Baker Capital, LLC: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Fort Baker Capital Management LP: 0 Steven Patrick Pigott: 0 Fort Baker Capital, LLC: 0
	(ii) Shared power to vote or to direct the vote: Fort Baker Capital Management LP: 0 Steven Patrick Pigott: 0 Fort Baker Capital, LLC: 0
	(iii) Sole power to dispose or to direct the disposition of: Fort Baker Capital Management LP: 0 Steven Patrick Pigott: 0 Fort Baker Capital, LLC: 0
	(iv) Shared power to dispose or to direct the disposition of: Fort Baker Capital Management LP: 0 Steven Patrick Pigott: 0 Fort Baker Capital, LLC: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
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.

Fort Baker Capital Management LP

Signature:	/s/ Steven Patrick Pigott
Name/Title:	Steven Patrick Pigott, Chief Investment Officer
Date:	08/14/2025

Steven Patrick Pigott

Signature:	/s/ Steven Patrick Pigott
Name/Title:	Steven Patrick Pigott
Date:	08/14/2025

Fort Baker Capital, LLC

Signature:	/s/ Steven Patrick Pigott
Name/Title:	Steven Patrick Pigott, Chief Investment Officer
Date:	08/14/2025

FAQ

What does the Schedule 13G/A filed for BSIIW disclose?

The filing discloses that Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott each hold 0 Class A ordinary shares (CUSIP G1153L109), representing 0% of the class.

Who are the reporting persons on the BSIIW Schedule 13G/A?

The reporting persons are Fort Baker Capital Management LP, Fort Baker Capital, LLC, and Steven Patrick Pigott.

Does the filing indicate these persons form a group for BSIIW ownership?

No. The filing states the reporting persons are filing jointly but not as members of a group and each disclaims group membership.

What address is listed for the reporting persons on the filing?

The principal business address for each reporting person is listed as 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.

Who signed the Schedule 13G/A for BSIIW and when?

The filing was signed by Steven Patrick Pigott as Chief Investment Officer on behalf of the reporting persons, dated 08/14/2025.