CastleKnight reports 8.3% stake in Nine Energy
NINE ENERGY SERVICE, INC. reported that CastleKnight-related reporting persons beneficially own 1,157,943 shares of common stock, representing 8.3% of the class as of 03/31/2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
NINE ENERGY SERVICE, INC. reported that CastleKnight-related reporting persons beneficially own 1,157,943 shares of common stock, representing 8.3% of the class as of 03/31/2026. The holdings are reported as shared voting and dispositive power under a joint filing by CastleKnight entities and Aaron Weitman.
Insights
Large passive stake disclosed by CastleKnight group, shown as shared control.
The filing lists 1,157,943 shares (8.3%) held with shared voting and dispositive power across CastleKnight Master Fund LP, related GP/management entities, Weitman Capital LLC, and Aaron Weitman. The schedule is a consolidation of related entities asserting shared control.
Practical implications depend on whether this stake is passive; the report follows Schedule 13G presentation. Subsequent disclosures could clarify any change to active investor status.
Shared voting/dispositive power implies coordinated influence rather than sole control.
All reporting persons list zero sole voting/dispositive power and identical shared power counts, indicating coordinated authority among affiliated vehicles and an individual manager. Signatures include a standard disclaimer of beneficial ownership to the extent of pecuniary interest.
Watch for amendments or a Schedule 13D if the group moves to active acquisition or seeks change in corporate control.
Key Figures
Key Terms
Schedule 13G regulatory
Beneficially owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does CastleKnight report in NINEQ?
Who are the filing parties for the 13G on NINEQ?
What voting and disposition rights are reported?
When was the ownership reported and when was the form signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.