[SCHEDULE 13G] Dun & Bradstreet Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Glazer Capital, LLC and managing member Paul J. Glazer filed a Schedule 13G disclosing a passive stake in Dun & Bradstreet Holdings, Inc. (NYSE: DNB).

• Shares owned: 22,750,000 common shares.
• Ownership percentage: 5.10 % of outstanding stock, crossing the 5 % reporting threshold.
• Authority: 0 shares with sole voting/dispositive power; full authority is shared between the reporting persons.
• Filer status: Glazer Capital files as an investment adviser under Rule 13d-1(b)(1)(ii)(E); position is certified as non-activist.
• Trigger date: 17 Jul 2025; filing executed 24 Jul 2025.

No other group members, subsidiaries, or control intentions are identified. The disclosure signals incremental institutional interest but does not imply strategic influence or imminent corporate actions.

Positive

• Institutional endorsement: A reputable investment adviser now holds 5.1 % of DNB, signalling confidence in the issuer.

Negative

• No activist agenda: 13G status indicates Glazer Capital will not push for strategic changes, limiting upside catalysts tied to governance reform.

Insights

Equity Analyst

TL;DR: Passive 5.1 % stake by Glazer Capital adds institutional support but lacks activist catalyst; neutral valuation impact.

Glazer Capital’s 22.75 M-share position brings DNB another sizable professional investor, yet Schedule 13G rules restrict efforts to influence management. The holding neither introduces takeover optionality nor immediate balance-sheet changes. At roughly 5 %, Glazer can exit quietly without filing Form 144 sales notices, so liquidity overhang remains low. For valuation, the news marginally improves float quality but is unlikely to affect cash flows, multiples, or guidance.

Corporate Governance Specialist

TL;DR: Filing is compliance-driven; shared voting power limits governance pressure—impact classified as routine.

Because Glazer Capital uses a 13G rather than 13D, it explicitly disavows control ambitions. Shared rather than sole authority further reduces board-room leverage. No poison-pill thresholds are breached, so DNB’s governance posture is unchanged. Investors should interpret this as standard portfolio allocation, not a signal of strategic activism.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Dun & Bradstreet Holdings, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value

(Title of Class of Securities)

26484T106

(CUSIP Number)

07/17/2025

(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. 26484T106

1

Names of Reporting Persons

Glazer 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 22,750,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 22,750,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

22,750,000.00

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)

5.10 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 26484T106

1

Names of Reporting Persons

Paul J. Glazer

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 22,750,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 22,750,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

22,750,000.00

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)

5.10 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Dun & Bradstreet Holdings, Inc.
(b)	Address of issuer's principal executive offices: 5335 Gate Parkway, Jacksonville, FL 32256
Item 2.
(a)	Name of person filing: This statement is filed by: (i) Glazer Capital, LLC, a Delaware limited liability company ("Glazer Capital"), with respect to the shares of Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Glazer Capital serves as investment manager (collectively, the "Glazer Funds"); and (ii) Mr. Paul J. Glazer ("Mr. Glazer"), who serves as the Managing Member of Glazer Capital, with respect to the shares of Common Stock held by the Glazer Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Common Stock (as defined in Item 2(d)) reported herein.
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is 250 West 55th Street, Suite 30A, New York, New York 10019.
(c)	Citizenship: Glazer Capital is a Delaware limited liability company. Mr. Glazer is a United States citizen.
(d)	Title of class of securities: Common Stock, $0.0001 par value
(e)	CUSIP No.: 26484T106
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: 22,750,000
(b)	Percent of class: 5.10%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 22,750,000
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 22,750,000
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See Item 2.
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 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.

Glazer Capital, LLC

Signature:	Paul J. Glazer
Name/Title:	Paul J. Glazer, Managing Member
Date:	07/24/2025

Paul J. Glazer

Signature:	Paul J. Glazer
Name/Title:	Paul J. Glazer
Date:	07/24/2025

FAQ

How many DNB shares does Glazer Capital own?

They beneficially own 22,750,000 common shares.

What percentage of DNB does the 22.75 M shares represent?

The position equals 5.10 % of the company’s outstanding stock.

Is Glazer Capital seeking control of Dun & Bradstreet?

No. The filing is on Schedule 13G, which is for passive ownership without control intent.

Does Glazer Capital have sole voting power in DNB?

No. It reports 0 shares with sole voting/dispositive power; all authority is shared.

When was the stake large enough to trigger this filing?

The event date requiring disclosure was 17 Jul 2025.

What type of entity is Glazer Capital according to the SEC classification?

It is an investment adviser under Rule 13d-1(b)(1)(ii)(E).