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Global Business Travel moves to end stock registration

The Form 15 identifies Class A common stock as the covered class and lists no other class with a continuing duty to file reports.

(Neutral)

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Form Type
15-12G

Rhea-AI Filing Summary

Global Business Travel Group, Inc. (GBTG) filed a Form 15 to terminate registration of its Class A common stock under Section 12(g) of the Exchange Act. Gaia Merger Sub, Inc., a wholly owned subsidiary of Parent, merged into Global Business Travel Group on September 29, 2026, leaving Global Business Travel Group as Parent’s wholly owned subsidiary. The form lists no other class with a remaining duty to file reports.

Class A common stock par value $0.0001 per share Global Business Travel Group, Inc. Class A common stock
termination of registration regulatory
"TERMINATION OF REGISTRATION UNDER SECTION 12(g)"
duty to file reports regulatory
"Titles of all other classes of securities for which a duty to file reports remains"
wholly owned subsidiary technical
"a Delaware corporation and wholly owned subsidiary of Parent"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What happened to Global Business Travel Group (GBTG) in the merger?

Gaia Merger Sub, Inc. merged into Global Business Travel Group on September 29, 2026, and Global Business Travel Group survived as Parent’s wholly owned subsidiary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 001-39576

Global Business Travel Group, Inc.
(Exact name of registrant as specified in its charter)

666 3rd Avenue, 4th Floor
New York, New York 10017
(646) 344-1290
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Class A common stock, par value of $0.0001 per share
(Title of each class of securities covered by this Form)

None
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)
☒
Rule 12g-4(a)(2)
☐
Rule 12h-3(b)(1)(i)
☒
Rule 12h-3(b)(1)(ii)
☐
Rule 15d-6
☐
Rule 15d-22(b)
☐

Approximate number of holders of record as of the certification or notice date: One (1)*

*As previously publicly announced by the Registrant, on May 2, 2026, the Registrant entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Gaia Purchaser, Inc., a Delaware corporation (“Parent”), and Gaia Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”). Parent and Merger Sub are affiliates of Long Lake Management Holdings Inc. On September 29, 2026, Merger Sub merged with and into the Registrant, with the Registrant surviving as a wholly owned subsidiary of Parent (the “Merger”).

Pursuant to the requirements of the Securities Exchange Act of 1934, Global Business Travel Group, Inc. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

Date: October 9, 2026


 
GLOBAL BUSINESS TRAVEL GROUP, INC.
     
 
By:
/s/ Eric J. Bock
   
Name:
Eric J. Bock
   
Title:
Chief Legal Officer, Global Head of M&A and Compliance and Corporate Secretary


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