Aristeia Capital reports 400,000-unit stake in Newbridge (NBRG)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Newbridge Acquisition Limited reports that Aristeia Capital, L.L.C. beneficially owns 400,000 Units, representing approximately 6.55% of the outstanding Class A Ordinary Shares. The filing states the percentage was calculated using 6,108,750 shares outstanding as of March 23, 2026.
The Schedule 13G shows Aristeia holds sole voting and dispositive power over the 400,000 Units. The report is signed by Andrew B. David, Chief Operating Officer of Aristeia Capital, L.L.C.
Positive
- None.
Negative
- None.
Key Figures
Units beneficially owned: 400,000 Units
Percent of class: 6.55%
Shares outstanding (as of): 6,108,750 shares
3 metrics
Units beneficially owned
400,000 Units
Amount reported by Aristeia Capital
Percent of class
6.55%
Calculated using shares outstanding as of March 23, 2026
Shares outstanding (as of)
6,108,750 shares
Shares outstanding as of <date>March 23, 2026</date> per issuer 10-K
Key Terms
Units, Right, beneficially owned
3 terms
Units financial
"Units, each consisting of one Class A Ordinary Share and one Right"
Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.
Right financial
"one Right entitling the holder to receive one-eighth of one Class A Ordinary Share"
beneficially owned regulatory
"Amount beneficially owned: 400,000 The Reporting Person may be deemed the beneficial owner"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What stake does Aristeia Capital report in Newbridge (NBRG)?
Aristeia Capital reports beneficial ownership of 400,000 Units, equal to about 6.55% of Newbridge's Class A Ordinary Shares. The percentage uses 6,108,750 shares outstanding as of March 23, 2026, per the issuer's 10-K.
How is a 'Unit' defined in the Newbridge (NBRG) filing?
The filing defines a Unit as one Class A Ordinary Share plus one Right entitling the holder to receive one-eighth of one Class A Ordinary Share. This combined instrument is the reported security held by Aristeia Capital.
What voting and disposition powers does Aristeia report for its NBRG holdings?
Aristeia reports sole voting power over 400,000 Units and sole dispositive power to direct disposition of the same 400,000 Units, with no shared voting or dispositive power reported.
What is the date and signature on the Schedule 13G for NBRG?
The Schedule 13G is signed by Andrew B. David, Chief Operating Officer of Aristeia Capital, L.L.C., with a signature date of May 14, 2026, as shown in the filing.