AQR files Schedule 13G for NAMMW, includes 422,574 warrants

Rhea-AI Filing Summary

Namib Minerals f/k/a Hennessy Capital Investment Corp. VI shows three AQR entities reporting beneficial ownership of 492,574 ordinary shares, equal to 0.91% of the class. The filing states the reported amount includes warrants representing 422,574 ordinary shares. The AQR filers—AQR Capital Management, LLC; AQR Capital Management Holdings, LLC; and AQR Arbitrage, LLC—report shared voting and shared dispositive power over the 492,574 shares and report no sole voting or sole dispositive power.

The position is reported under Schedule 13G for holdings of 5% or less and is classified in the filing as investment-adviser/holding-company types. The filing also certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• Clear disclosure of beneficial ownership: The filing specifies 492,574 shares and the 0.91% stake.
• Warrant exposure disclosed: The reported total explicitly includes warrants representing 422,574 ordinary shares, improving transparency.
• Shared voting/dispositive power stated: Filers identify the nature of their voting and dispositive authority, clarifying governance posture.

Negative

• Stake is small: At 0.91%, the position is below 5% and unlikely to influence issuer control or strategy materially.
• No sole voting or dispositive power: Reporting persons have 0 sole authority over the shares, limiting direct influence.

Insights

Financial Analyst

TL;DR AQR reports a passive, sub-1% stake in Namib Minerals; includes significant warrant exposure but no control implications.

The AQR group reports beneficial ownership of 492,574 shares (0.91%), including warrants representing 422,574 ordinary shares. All three entities disclose shared voting and dispositive power and no sole authority, consistent with a passive investment reported on Schedule 13G. For investors, the position is too small to materially affect governance or control metrics, though the warrant exposure could affect future dilution if exercised.

Corporate Governance Expert

TL;DR Filing indicates transparency and passive posture; shared power and certification point to no intent to influence issuer control.

The disclosure documents that AQR entities have shared voting and dispositive power over 492,574 shares and explicitly report no sole voting or dispositive power. The filing includes a certification that the securities are held in the ordinary course of business and not to influence control, aligning with Schedule 13G treatment. From a governance standpoint, this stake does not create a change in the control landscape or trigger activist governance concerns.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Namib Minerals f/k/a Hennessy Capital Investment Corp. VI

(Name of Issuer)

Ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G63638103

(CUSIP Number)

06/30/2025

(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. G63638103

1

Names of Reporting Persons

AQR Capital Management, 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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 492,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 492,574.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

492,574.00

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)

0.91 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G63638103

1

Names of Reporting Persons

AQR Capital Management Holdings, 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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 492,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 492,574.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

492,574.00

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)

0.91 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G63638103

1

Names of Reporting Persons

AQR Arbitrage, 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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 492,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 492,574.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

492,574.00

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)

0.91 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Namib Minerals f/k/a Hennessy Capital Investment Corp. VI
(b)	Address of issuer's principal executive offices: 71 FORT STREET, P.O. BOX 500, GEORGE TOWN, CAYMAN ISLANDS KY1-1106
Item 2.
(a)	Name of person filing: AQR Capital Management, LLC AQR Capital Management Holdings, LLC AQR Arbitrage, LLC
(b)	Address or principal business office or, if none, residence: ONE GREENWICH PLAZA SUITE 130 Greenwich, Connecticut 06830
(c)	Citizenship: AQR Capital Management, LLC - UNITED STATES AQR Capital Management Holdings, LLC - UNITED STATES AQR Arbitrage, LLC - UNITED STATES
(d)	Title of class of securities: Ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G63638103
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: 492,574* *The reported amount includes warrants representing 422,574 ordinary shares, par value $0.0001 per share
(b)	Percent of class: 0.91 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: AQR Capital Management, LLC - 0 AQR Capital Management Holdings, LLC - 0 AQR Arbitrage, LLC - 0
	(ii) Shared power to vote or to direct the vote: AQR Capital Management, LLC - 492,574 AQR Capital Management Holdings, LLC - 492,574 AQR Arbitrage, LLC - 492,574
	(iii) Sole power to dispose or to direct the disposition of: AQR Capital Management, LLC - 0 AQR Capital Management Holdings, LLC - 0 AQR Arbitrage, LLC - 0
	(iv) Shared power to dispose or to direct the disposition of: AQR Capital Management, LLC - 492,574 AQR Capital Management Holdings, LLC - 492,574 AQR Arbitrage, LLC - 492,574
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Item 2(a) above.
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 acquired and are held in the ordinary course of business and 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.

AQR Capital Management, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/14/2025

AQR Capital Management Holdings, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/14/2025

AQR Arbitrage, LLC

Signature:	Henry Parkin
Name/Title:	Authorized Signatory
Date:	08/14/2025

Exhibit Information

AQR Capital Management Holdings, LLC, AQR Capital Management, LLC, and AQR Arbitrage, LLC hereby agree that this Schedule 13G is filed on behalf of each of the parties. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC. AQR Arbitrage, LLC is deemed to be controlled by AQR Capital Management, LLC.

FAQ

How many Namib Minerals (NAMMW) shares do AQR entities report owning?

The filing reports beneficial ownership of 492,574 ordinary shares, representing 0.91% of the class.

Does the reported amount include warrants for NAMMW?

Yes. The reported total includes warrants representing 422,574 ordinary shares.

Do AQR entities have sole voting or dispositive power over NAMMW shares?

No. The filing reports 0 sole voting power and 0 sole dispositive power, with 492,574 shared voting and dispositive power.

Is the AQR position in NAMMW considered controlling?

No. At 0.91% the position is under the 5% threshold and is reported as a passive holding on Schedule 13G.

Which entities filed the Schedule 13G for NAMMW?

The filing lists AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC as reporting persons.