Saba Capital Management and affiliated filers amended a Schedule 13G to report shared beneficial ownership of 1,871,928 Common Shares (shared voting and dispositive power).
Saba Capital Management and affiliated filers amended a Schedule 13G to report shared beneficial ownership of 1,871,928Common Shares (shared voting and dispositive power). The filing states this equals 6.43% of the class, using 28,750,000 shares outstanding plus 360,282 shares issuable upon exercise of warrants, with the as of date cited as May 11, 2026. The filing notes the holdings are on behalf of funds and accounts advised by Saba Capital and is signed by an authorized representative.
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Insights
Saba reports a 6.43% shared stake in OneIM based on outstanding shares plus exercisable warrants.
The filing lists 1,871,928 shares as subject to shared voting and dispositive power, calculated against 28,750,000 outstanding plus 360,282 issuable warrants as of May 11, 2026. It identifies the holdings as held by funds and accounts advised by Saba Capital.
Cash‑flow treatment and planned transactions are not stated; subsequent disclosures would be needed to assess trading intentions or potential voting coordination.
The amendment follows Rule 13d-1(k) joint filing conventions and clarifies beneficial ownership mechanics.
The Reporting Persons executed a Joint Filing Agreement and provided cover‑page rows showing shared voting/dispositive power. The denominator explanation explicitly includes warrants when computing the 6.43% figure.
Investor implications hinge on voting alignment among the Reporting Persons; the filing does not state any agreement to act as a group beyond joint filing mechanics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Saba Capital report in OneIM (OIM)?
Saba reports shared beneficial ownership of 1,871,928 Common Shares, representing 6.43% of the class based on the filing's denominator using May 11, 2026 share counts and specified warrants.
How was the 6.43% ownership percentage calculated?
The percentage uses a denominator of 28,750,000 Shares outstanding as of May 11, 2026 plus 360,282 Shares issuable upon exercise of certain warrants held by the Reporting Persons, per the filing note.
Who holds the reported shares on behalf of Saba Capital?
The filing states the shares are held by funds and accounts advised by Saba Capital. It identifies Saba Capital, Saba GP, LLC, and Boaz R. Weinstein as the Reporting Persons under a Joint Filing Agreement.
Does the filing indicate Saba will sell or buy OneIM shares?
No trading intentions are disclosed. The amendment reports beneficial ownership and voting/dispositive power; it does not state any planned purchases or sales or the cash‑flow treatment of the holdings.
What is the role of the Joint Filing Agreement mentioned?
The Joint Filing Agreement, dated January 22, 2026, governs joint reporting obligations under Rule 13d‑1(k)(1) and authorizes the Reporting Persons to file this statement together.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
OneIM Acquisition Corp.
(Name of Issuer)
Common Shares, par value $0.0001 and Warrants
(Title of Class of Securities)
G6S74K122
(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):
G6S74K122
1
Names of Reporting Persons
Saba Capital Management, L.P.
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
1,871,928.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,871,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,871,928.00
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)
6.43 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 28,750,000 Shares outstanding as of May 11, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 11, 2026 plus (ii) 360,282 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
CUSIP Number(s):
G6S74K122
1
Names of Reporting Persons
Boaz R. Weinstein
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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,871,928.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,871,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,871,928.00
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)
6.43 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 28,750,000 Shares outstanding as of May 11, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 11, 2026 plus (ii) 360,282 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
CUSIP Number(s):
G6S74K122
1
Names of Reporting Persons
Saba Capital Management 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
1,871,928.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,871,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,871,928.00
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)
6.43 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The denominator of the fraction upon which the percentages are calculated is based on (i) 28,750,000 Shares outstanding as of May 11, 2026 as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 11, 2026 plus (ii) 360,282 Shares issuable upon the exercise of certain warrants held by the Reporting Persons.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
OneIM Acquisition Corp.
(b)
Address of issuer's principal executive offices:
11th Floor, 390 Park Avenue, New York, NEW YORK 10022
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated January 22, 2026, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Common Shares, par value $0.0001 and Warrants
(e)
CUSIP No.:
G6S74K122
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:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not Applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
Not Applicable
(iii) Sole power to dispose or to direct the disposition of:
Not Applicable
(iv) Shared power to dispose or to direct the disposition of:
Not Applicable
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.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
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.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
05/15/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
05/15/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
05/15/2026
Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015
