Highbridge Capital (GLED) discloses 6.8% GalaxyEdge stake via managed funds
Rhea-AI Filing Summary
Highbridge Capital Management, LLC, as investment adviser to certain funds and accounts, reports beneficial ownership of 1,092,500 Ordinary Shares of GalaxyEdge Acquisition Corp. This represents 6.8% of the Ordinary Shares outstanding, based on 15,982,500 shares outstanding as of May 20, 2026.
Highbridge reports sole voting and dispositive power over all 1,092,500 shares and no shared power. The Ordinary Shares are held by Highbridge-managed funds, including Highbridge Tactical Credit Master Fund, L.P., which has the right to receive dividends or sale proceeds for more than 5% of the outstanding shares.
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Key Figures
Shares beneficially owned: 1,092,500 Ordinary Shares
Percent of class: 6.8%
Shares outstanding: 15,982,500 Ordinary Shares
+2 more
5 metrics
Shares beneficially owned
1,092,500 Ordinary Shares
Ordinary Shares of GalaxyEdge Acquisition Corp reported by Highbridge
Percent of class
6.8%
Portion of GalaxyEdge Ordinary Shares beneficially owned by Highbridge
Shares outstanding
15,982,500 Ordinary Shares
GalaxyEdge Ordinary Shares outstanding as of May 20, 2026
Sole voting power
1,092,500 Ordinary Shares
Shares over which Highbridge has sole power to vote
Sole dispositive power
1,092,500 Ordinary Shares
Shares over which Highbridge has sole power to dispose
Key Terms
beneficial owner, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficial owner regulatory
"not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13, the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power regulatory
"Sole Voting Power 1,092,500.00"
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.
sole dispositive power regulatory
"Sole Dispositive Power 1,092,500.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class regulatory
"Percent of class: 6.8%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
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 stake in GalaxyEdge Acquisition Corp (GLED) does Highbridge report in this Schedule 13G/A?
Highbridge Capital Management, LLC reports beneficial ownership of 1,092,500 Ordinary Shares of GalaxyEdge Acquisition Corp, representing 6.8% of the outstanding Ordinary Shares, based on 15,982,500 shares outstanding as of May 20, 2026, per the issuer’s 10-Q.
Which Highbridge fund holds more than 5% of GalaxyEdge Acquisition Corp (GLED)?
Highbridge Tactical Credit Master Fund, L.P. has the right to receive or direct the receipt of dividends or sale proceeds for more than 5% of GalaxyEdge Acquisition Corp’s outstanding Ordinary Shares, according to the ownership disclosure associated with Highbridge Capital Management, LLC.
When was this amended Schedule 13G for GalaxyEdge Acquisition Corp (GLED) signed?
The amended Schedule 13G was signed on August 14, 2026 by Kirk Rule, Executive Director of Highbridge Capital Management, LLC. This signature date confirms when the reported ownership information was formally certified and submitted.
AI-generated analysis. How Rhea-AI works. Not financial advice.