NextNav Inc. amendment to Schedule 13G/A reporting beneficial ownership by Fortress-related entities
The filing lists multiple reporting persons organized under Fortress/FIG that collectively report shared dispositive and voting power over 22,058,944 shares for certain entities and other reported holdings of 15,658,944 and 11,678,054 shares in cover-page rows. The percentages are calculated on 136,436,939 shares outstanding as of May 11, 2026. The reported amounts assume conversion of the NNAV-CNV Notes into 3,980,890 shares and exercise of NNAV-P warrants into 3,900,000 shares.
Positive
None.
Negative
None.
Insights
Fortress-affiliated entities disclose large shared holdings and derivative conversions assumed in percent calculations.
The amendment enumerates a chain of related entities that may be deemed to beneficially own up to 22,058,944 shares in certain cover-page rows, with other rows showing 15,658,944 and 11,678,054. The filing explicitly ties percentages to May 11, 2026 outstanding shares and states conversion/exercise assumptions of 3,980,890 and 3,900,000 shares.
Cash-flow treatment and any planned dispositions are not disclosed in the excerpt; subsequent filings would show actual sales or conversions. Watch for future Form 4s or amendments that report any open-market transactions or actual conversions.
Shares outstanding136,436,939 sharesas of May 11, 2026
Reported shared holdings (example)22,058,944 sharesshared dispositive/voting power shown on multiple cover-page rows
Reported holding (other example)15,658,944 sharescover-page row for FCOF V CDG Investments LLC
Reported holding (other example)11,678,054 sharescover-page rows for FCOF V UST LLC and CF NNAV-E LLC
NNAV-CNV Notes conversion3,980,890 sharesassumed conversion of 5.00% Senior Secured Convertible Notes due 2028
NNAV-P warrants exercisable3,900,000 shareswarrants exercisable at $12.56 - $20.00 per share
Key Terms
beneficially own, convertible notes, warrants exercisable, shared dispositive power
4 terms
beneficially ownregulatory
"may therefore be deemed to beneficially own the Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
convertible notesfinancial
"5.00% Senior Secured Convertible Notes due 2028"
Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.
warrants exercisablefinancial
"warrants exercisable for 3,900,000 shares of Common Stock"
shared dispositive powerregulatory
"Shared Dispositive Power 22,058,944.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
NextNav Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
65345N106
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FIG Buyer GP 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FCOF V UST 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,678,054.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,678,054.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,678,054.00
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)
8.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FCOF V CDG Investments 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,658,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,658,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,658,944.00
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)
10.9 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FCO Fund V GP 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Fortress Credit Opportunities V Advisors 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Hybrid GP 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Hybrid GP Holdings (Cayman) 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FIG 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Fortress Operating Entity I LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FIG Blue 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Fortress Investment Group 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FINCO I Intermediate Holdo 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FINCO I 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
FIG Parent, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
Foundation Holdco LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
22,058,944.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
22,058,944.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,058,944.00
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)
15.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
65345N106
1
Names of Reporting Persons
CF NNAV-E 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,678,054.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,678,054.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,678,054.00
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)
8.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NextNav Inc.
(b)
Address of issuer's principal executive offices:
11911 Freedom Drive, Suite 200, Reston, Virgina 20190
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed on behalf of the following persons (the "Reporting Persons") with respect to shares of Common Stock, par value $0.0001 per share (the "Common Stock") of NextNav Inc. (the "Issuer"):
(i) CF NNAV-E LLC, a Delaware limited liability company ("CF NNAV-E"), directly holds shares of Common Stock (the "NNAV-E Shares").
(ii) FCOF V UST LLC, a Delaware limited liability company ("FCOF V UST"), is the holder of a majority of interests of CF NNAV-E and may therefore be deemed to beneficially own the NNAV-E Shares.
(iii) FCOF V CDG Investments LLC, a Delaware limited liability company, is the holder of a majority of interests of FCOF V UST and, collectively with certain investment funds, holds a 100% interest in the majority member of CF NNAV-CNV LLC ("CF NNAV-CNV"), which directly holds $50 million aggregate principle amount of the Issuer's 5.00% Senior Secured Convertible Notes due 2028 (the "NNAV-CNV Notes") and may therefore be deemed to beneficially own the NNAV-E Shares and the shares underlying the NNAV-CNV Notes.
(iv) FCO Fund V GP LLC, a Delaware limited liability company ("FCO Fund V GP") is the general partner of certain investment funds that own a majority of interests in CF NNAV-E and CF NNAV-P LLC, a Delaware limited liability company ("CF NNAV-P" and together with CF NNAV-E and CF NNAV-CNV, the "Holders"), that directly holds additional shares of Common Stock (the "NNAV-P Shares") and warrants exercisable for shares of Common Stock (the "NNAV-P Warrants"), and may therefore be deemed to beneficially own the NNAV-E Shares, the NNAV-P Shares, and the shares underlying the CF-NNAV-P Warrants (together with the shares underlying the NNAV-CNV Notes, the "Shares").
(v) Fortress Credit Opportunities V Advisors LLC, a Delaware limited liability company ("FCO V Advisors"), is the investment advisor of certain investment funds that own a majority of interests in the Holders and may therefore be deemed to beneficially own the Shares.
(vi) FIG LLC, a Delaware limited liability company, is the holder of all of the issued and outstanding interests of FCO V Advisors and may therefore be deemed to beneficially own the Shares.
(vii) Hybrid GP Holdings (Cayman) LLC, a Delaware limited liability company, is the holder of all of the issued and outstanding interests of FCO Fund V GP and may therefore be deemed to beneficially own the Shares.
(viii) Hybrid GP Holdings LLC, a Delaware limited liability company, is the holder of all the issued and outstanding interests of Hybrid GP Holdings (Cayman) LLC and may therefore be deemed to beneficially own the Shares.
(ix) Fortress Operating Entity I LP, a Delaware limited partnership, is the holder of all the issued and outstanding shares of FIG LLC and Hybrid GP Holdings LLC, and may therefore be deemed to beneficially own the Shares.
(x) FIG Blue LLC, a Delaware corporation, is the general partner of Fortress Operating Entity I LP and may therefore be deemed to beneficially own the Shares.
(xi) Fortress Investment Group LLC, a Delaware limited liability company, is the holder of all the issued and outstanding shares of FIG Corp. and may therefore be deemed to beneficially own the Shares.
(xii) FINCO I Intermediate Holdco LLC, a Delaware limited liability company ("FINCO I IH"), is the sole member of Fortress Investment Group and may therefore be deemed to beneficially own the Shares.
(xiii) FINCO I LLC, a Delaware limited liability company, is the sole member of FINCO I IH and may therefore be deemed to beneficially own the Shares.
(xiv) FIG Parent, LLC, a Delaware limited liability company ("FIG Parent"), is the sole member of FINCO I LLC and may therefore be deemed to beneficially own the Shares.
(xv) Foundation Holdco LP, a Delaware limited partnership ("Foundation Holdco"), is the sole member of FIG Parent and may therefore be deemed to beneficially own the Shares.
(xvi) FIG Buyer GP, LLC, a Delaware limited liability company ("FIG Buyer"), is the general partner of Foundation Holdco and may therefore be deemed to beneficially own the Shares.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is: c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.
(c)
Citizenship:
See Item 4 of each of the cover pages.
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
65345N106
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:
See Item 9 of each cover page. The amounts reported herein assume the conversion of the NNAV-CNV Notes for an aggregate of 3,980,890 shares of Common Stock and the exercise of NNAV-P Warrants held by NNAV-P for an aggregate of 3,900,000 shares of Common Stock. The NNAV-CNV Notes are convertible at any time into shares of Common Stock at a conversion rate per $1,000 aggregate principle amount of $79.6178 per share. NNAV-P currently holds warrants exercisable for 3,900,000 shares of Common Stock at exercise prices ranging from $12.56 - $20.00 per share.
(b)
Percent of class:
See Item 11 of each cover page. The percentages set forth herein are based on 136,436,939 shares of Common Stock outstanding as of May 11, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026, and assume the conversion of the NNAV-CNV Notes into 3,980,890 shares of Common Stock and the exercise of NNAV-P Warrants for 3,900,000 shares of Common Stock.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 of each of the cover pages.
(ii) Shared power to vote or to direct the vote:
See Item 6 of each of the cover pages.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 of each of the cover pages.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 of each of the cover pages.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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.
Not Applicable
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 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.
FIG Buyer GP LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FCOF V UST LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FCOF V CDG Investments LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FCO Fund V GP LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Fortress Credit Opportunities V Advisors LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Hybrid GP Holdings LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Hybrid GP Holdings (Cayman) LLC
Signature:
/s/ David N. Brooks
Name/Title:
By: Hybrid GP Holdings LLC, By: David N. Brooks, Secretary
Date:
05/15/2026
FIG LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Fortress Operating Entity I LP
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FIG Blue LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Fortress Investment Group LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FINCO I Intermediate Holdo LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FINCO I LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
FIG Parent, LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
05/15/2026
Foundation Holdco LP
Signature:
/s/ David N. Brooks
Name/Title:
By: FIG Buyer GP, LLC, its general partner, By: David N. Brooks, Secretary
The filing reports shared dispositive power over 22,058,944 shares in certain cover-page rows. Percentages are calculated on 136,436,939 shares outstanding as of May 11, 2026, with conversion/exercise assumptions noted.
Do the reported holdings include convertible notes or warrants for NN?
Yes. The amounts assume conversion of NNAV-CNV Notes into 3,980,890 shares and exercise of NNAV-P warrants into 3,900,000 shares. Exercise prices for the warrants range from $12.56 to $20.00 per share.
How were the ownership percentages calculated in the Schedule 13G/A for NN?
Percentages use 136,436,939 shares outstanding as of May 11, 2026 as reported by the issuer. The filing states the percentages assume the stated note conversions and warrant exercises.
Which entities are listed as reporting persons for NextNav (NN)?
Multiple Fortress-related entities are listed, including FIG Buyer GP LLC, FCOF V UST LLC, FCOF V CDG Investments LLC, FCO Fund V GP LLC, and related holding companies, each claiming beneficial ownership through the organizational chain.
Does this filing show any sale or purchase transactions in NN shares?
No. The amendment reports beneficial ownership and conversion/exercise assumptions; it does not disclose any actual purchases or sales in the provided excerpt.
