[SCHEDULE 13G] Jackson Acquisition Company II SEC Filing
Hudson Bay Capital Management LP and Sander Gerber report beneficial ownership of 1,338,300 Class A ordinary shares of Jackson Acquisition Company II. The cover page lists shared voting and shared dispositive power for these shares and reports this holding as approximately 5.61% of the class.
Item 4 states the percentage was calculated on an outstanding base of 23,840,000 Class A shares, yielding 5.41%. The filing explains the Investment Manager holds the shares in the name of HB Strategies LLC, Mr. Gerber disclaims beneficial ownership, and includes a certification that the securities were acquired and are held in the ordinary course of business and not to influence control.
- Beneficial ownership disclosed: Reporting persons identify ownership of 1,338,300 Class A shares.
- Transparency: Filing includes a certification that the securities were acquired and are held in the ordinary course and not to influence control.
- Inconsistent percentage figures: Cover page shows 5.61% while Item 4 calculation yields 5.41% based on 23,840,000 outstanding shares.
- No sole control: Reporting persons indicate 0 sole voting power, limiting direct governance influence.
Insights
TL;DR: A disclosed >5% stake increases transparency and investor interest but the filing indicates passive ownership, not a control bid.
The reporting entities disclose ownership of 1,338,300 Class A shares, a position described on the cover as ~5.61% yet computed in Item 4 as 5.41% based on 23,840,000 shares outstanding. This size can attract market attention because stakes above 5% often prompt investor scrutiny, but the Item 10 certification and structure of the filing indicate the position is held in the ordinary course and not for control. The distinction between shared and sole voting/dispositive power (shared only) limits immediate governance influence.
TL;DR: Schedule 13G indicates passive disclosure; no explicit change to governance but monitoring is warranted given >5% ownership.
The filing identifies Hudson Bay (via HB Strategies LLC) as holding shared voting and dispositive power over 1,338,300 shares. Mr. Gerber expressly disclaims beneficial ownership. Because the filing is on Schedule 13G with a certification of ordinary-course acquisition, this signals a passive investor profile rather than an activist or control-seeking intent. The presence of shared (not sole) voting power and the manager/manager-member relationships are relevant to governance analysis and future proxy dynamics if the position changes.