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Schedule 13G: TD Securities discloses 5% holding (151,307 shares) in Chain Bridge I

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Chain Bridge I reported that TD Securities (USA) LLC holds beneficial ownership of Class A ordinary shares. TD Securities has the sole power to vote and to dispose of 151,307 shares, which the filing states represents 5% of the class.

The Schedule 13G is jointly filed by TD Securities, Toronto Dominion Holdings (USA) Inc., TD Group US Holdings LLC and Toronto Dominion Bank. The parent entities are disclosed as holding indirect interests but report no direct voting or dispositive power and disclaim ownership except to the extent of any pecuniary interest. The filer is identified as a Bank and certifies the position is held in the ordinary course of business.

Positive

  • Clear disclosure of ownership: TD Securities reports sole voting and dispositive power over 151,307 shares (5% of the class)
  • Corporate structure disclosed: joint filing identifies parent entities while clarifying they report no direct voting or dispositive power

Negative

  • None.

Insights

TL;DR: TD Securities holds sole voting and dispositive power over 151,307 shares, equal to 5% of Chain Bridge I's Class A shares.

The filing discloses a non-controlling but reportable 5% position held directly by TD Securities (USA) LLC with exclusive voting and dispositive authority over the reported shares. The joint filing lists the parent entities in the ownership chain but they report no direct control rights and disclaim ownership except for pecuniary interest. On its face this is a disclosure of a material minority stake consistent with routine brokerage or custodial positions rather than a control transaction.

TL;DR: Joint filing reflects parent-subsidiary structure; parents disclaim direct ownership while TD Securities retains sole operational authority over the shares.

The Schedule 13G clarifies the ownership chain: TD Securities is the reporting holder with sole voting/dispositive power, while Toronto Dominion Holdings (USA) Inc., TD Group US Holdings LLC and Toronto Dominion Bank are disclosed as parents that may have indirect pecuniary interests but report no voting or dispositive powers. The filing also classifies the filer as a bank and includes the certification that the shares are held in the ordinary course of business.






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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



TD SECURITIES (USA) LLC
Signature:Christina Petrou
Name/Title:Christina Petrou / Executive Vice President & Chief Operating Officer
Date:08/12/2025
Toronto Dominion Holdings (USA) Inc
Signature:Christina Petrou
Name/Title:Christina Petrou / Executive Vice President & Chief Operating Officer
Date:08/12/2025
TD Group US Holdings LLC
Signature:Salma Salman
Name/Title:Salma Salman / Senior Vice President / Chief Financial Officer
Date:08/12/2025
Toronto Dominion Bank
Signature:Christina Petrou
Name/Title:Christina Petrou / Executive Vice President & Chief Operating Officer
Date:08/12/2025
Exhibit Information

Exhibit I JOINT FILING AGREEMENT This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the ordinary shares of Chain Bridge I will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: August 12, 2025 TD SECURITIES (USA) LLC By: /s/ Christina Petrou Title: Executive Vice President & Chief Operating Officer TORONTO DOMINION HOLDINGS (USA), INC. By: /s/ Christina Petrou Title: Executive Vice President & Chief Operating Officer TD GROUP US HOLDINGS LLC By: /s/ Salma Salman Title: Senior Vice President & Chief Financial Officer THE TORONTO-DOMINION BANK By: /s/ Christina Petrou Title: Executive Vice President & Chief Operating Officer

FAQ

How many Chain Bridge I (CBRGU) shares does TD Securities hold?

TD Securities (USA) LLC reports beneficial ownership of 151,307 Class A ordinary shares.

What percentage of Chain Bridge I does 151,307 shares represent?

The filing states those shares represent 5% of the Class A ordinary shares.

Do parent companies (Toronto Dominion entities) directly control these shares?

The joint filing lists Toronto Dominion Holdings (USA) Inc., TD Group US Holdings LLC and Toronto Dominion Bank but each reports zero direct voting or dispositive power and disclaims ownership except for any pecuniary interest.

Does the filing indicate the shares are held to influence control of the issuer?

The filing includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

What classification is listed for the filer in the Schedule 13G?

The filer is identified as a "Bank" in the filing.
Chain Bridge I

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