HGC reports 6.19% Jackson Acquisition II stake (JACS)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
HGC Investment Management Inc. filed a Schedule 13G reporting a passive ownership stake in Jackson Acquisition Company II Class A common stock. HGC reports beneficial ownership of 1,475,200 shares, representing 6.19% of the class as of 12/31/2025, with sole voting and dispositive power over these shares.
The filing explains that HGC, a Canadian investment manager, holds the shares on behalf of The HGC Fund LP, which has the right to receive dividends and sale proceeds. HGC certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- None.
Negative
- None.
FAQ
What percentage of Jackson Acquisition Company II (JACS) does HGC Investment Management own?
HGC Investment Management reports beneficial ownership of 6.19% of the Class A common stock. This stake corresponds to 1,475,200 shares, giving HGC sole voting and dispositive power over that amount as of December 31, 2025.
Is HGC Investment Management’s stake in JACS an active or passive investment?
HGC certifies the stake is a passive investment held in the ordinary course of business. The filing states the securities were not acquired and are not held to change or influence control of Jackson Acquisition Company II or to participate in such transactions.
Who ultimately benefits from HGC Investment Management’s JACS holdings?
The shares are managed by HGC Investment Management on behalf of The HGC Fund LP. The Fund has the right to receive dividends or the proceeds from any sale of more than 5% of the shares, while HGC exercises sole voting and dispositive power over them.
What type of entity is HGC Investment Management in this JACS ownership filing?
HGC Investment Management is described as a Canadian investment fund manager, portfolio manager and exempt market dealer. It is registered with the Ontario Securities Commission and files as the investment manager to The HGC Fund LP for these Jackson Acquisition Company II shares.