Highbridge Capital Management (BXBL) exits FG Merger II Corp. with 0% ownership
Rhea-AI Filing Summary
Highbridge Capital Management, LLC filed Amendment No. 2 to a Schedule 13G/A regarding FG Merger II Corp. common stock. Highbridge reports that it beneficially owns 0 shares, representing 0.0% of the class, with no sole or shared voting or dispositive power over any shares.
The filing confirms that Highbridge, as investment adviser to certain funds and accounts that previously held FG Merger II Corp. common stock, now falls under the category of ownership of 5 percent or less of the class as of June 30, 2026.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 0.0%
Shares beneficially owned: 0
Event date: 06/30/2026
3 metrics
Beneficial ownership
0.0%
Percent of FG Merger II Corp. common stock class reported by Highbridge
Shares beneficially owned
0
Common stock of FG Merger II Corp. reported as held by Highbridge
Event date
06/30/2026
Date as of which ownership information is reported
Key Terms
beneficially owned, sole voting power, shared dispositive power, investment adviser
4 terms
beneficially owned financial
"The information required by Item 4(a) is set forth in Row 9..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"5 | Sole Voting Power 0.00 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.
investment adviser financial
"the investment adviser to certain funds and accounts (the "Highbridge 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.
FAQ
What ownership in FG Merger II Corp. does Highbridge report in this Schedule 13G/A for BXBL?
Highbridge reports 0 shares of FG Merger II Corp. common stock, representing 0.0% of the class. It also reports no sole or shared voting or dispositive power over any shares as of June 30, 2026.
What does it mean that Highbridge owns 5 percent or less of FG Merger II Corp. (BXBL)?
The filing states Highbridge has ownership of 5 percent or less of FG Merger II Corp.’s common stock. Specifically, it reports 0.0% beneficial ownership, indicating it is no longer a significant holder under SEC reporting thresholds.
What voting and dispositive powers over FG Merger II Corp. stock does Highbridge report?
Highbridge reports 0 sole voting power, 0 shared voting power, 0 sole dispositive power, and 0 shared dispositive power. This indicates it has no authority to vote or dispose of any FG Merger II Corp. shares.
As of what date is Highbridge’s 0.0% ownership in FG Merger II Corp. (BXBL) reported?
The ownership information, including the 0.0% beneficial ownership, is reported as of June 30, 2026. This date anchors when Highbridge’s lack of holdings and powers over the common stock is measured.
AI-generated analysis. How Rhea-AI works. Not financial advice.