GRAN FONDO and Rorema Report 950,158 Shares (6.3%) in TruBridge

Rhea-AI Filing Summary

Amendment No. 1 to a Schedule 13D reports that GRAN FONDO CAPITAL B.V. and Rorema Beheer B.V. together beneficially own 950,158 shares of TruBridge, Inc. common stock, representing 6.3% of the 15,011,642 shares outstanding referenced in the filing. The Reporting Persons say the shares were purchased for an aggregate price of approximately $9,066,951, paid from their working capital. The filing restates Item 3 (source and amount of funds) and Item 5 (interest in securities), references prior Schedule 13D dated June 10, 2024, and incorporates recent transactions on Schedule A. The filing identifies the issuer's principal executive office in Mobile, Alabama.

Positive

• Clear material disclosure of ownership percentage (6.3%) and share count (950,158), improving transparency for investors
• Purchase price disclosed (~$9,066,951) and explicit source of funds: working capital, reducing financing uncertainty
• Amendment clarifies prior Schedule 13D items and incorporates recent transactions by reference

Negative

• No statement of intent regarding any plans to influence management or seek board representation, leaving strategic intent unclear
• Shared voting/dispositive power is reported but the filing does not detail the governance agreement between the reporting persons

Insights

Securities Analyst

TL;DR: A coordinated holder now reports a 6.3% stake bought for ~$9.07M using working capital; this is a meaningful passive ownership disclosure.

The filing formally amends prior Schedule 13D to disclose that two Netherlands entities jointly hold 950,158 shares, equal to 6.3% of the referenced outstanding common stock. The acquisition price and explicit source of funds (working capital) reduce ambiguity about financing. For investors, a Schedule 13D signals a holder with potential influence compared with a Schedule 13G passive filer, although the filing does not state any plans to change control or seek board representation. The use of working capital implies direct investment capacity by the reporting entities rather than third‑party financing.

Corporate Governance Expert

TL;DR: Reporting persons disclose a sizable minority stake; this triggers monitoring by management and investors for potential engagement or activism.

The disclosure of shared voting and dispositive power over 950,158 shares indicates coordinated ownership between GRAN FONDO CAPITAL B.V. and Rorema Beheer B.V. While the filing does not assert an intention to act in concert beyond joint reporting, a >5% block often prompts issuer and market attention. The amendment clarifies material facts—percentage ownership, purchase consideration, and source of funds—without asserting any proposed transactions or governance changes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

TruBridge, Inc.

(Name of Issuer)

Common stock, par value $0.001 per share

(Title of Class of Securities)

205306103

(CUSIP Number)

Ruben Visser
Binnenweg 1a,
Blaricum, P7, 1261 EK
31-35 538 8429

Ethan Johnson
Morgan, Lewis & Bockius LLP, 101 Park Avenue
New York, NY, 10178
(212) 309-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/19/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 205306103

1

Name of reporting person

GRAN FONDO CAPITAL B.V.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NETHERLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 950,158.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 950,158.00

11

Aggregate amount beneficially owned by each reporting person

950,158.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

6.3 %

14

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No. 205306103

1

Name of reporting person

Rorema Beheer B.V.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NETHERLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 950,158.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 950,158.00

11

Aggregate amount beneficially owned by each reporting person

950,158.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

6.3 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common stock, par value $0.001 per share
(b)	Name of Issuer: TruBridge, Inc.
(c)	Address of Issuer's Principal Executive Offices: 54 ST. EMANUEL STREET, MOBILE, ALABAMA , 36602.
Item 1 Comment: The following constitutes Amendment No. 1 ("Amendment No. 1") to the Schedule 13D filed by the undersigned with the Securities and Exchange Commission on June 10, 2024 (the "Original Schedule 13D" and the Original Schedule 13D as amended by this Amendment No. 1, the "Schedule 13D""). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows: The shares of Common Stock reported herein as beneficially owned by the Reporting Persons (the "Shares") were acquired at an aggregate purchase price of approximately $9,066,951, excluding brokerage commissions. Such Shares were acquired using the working capital of the Reporting Persons.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a)-(c) of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) Total shares purchased: 950,158. The percentages used in this Schedule 13D are calculated based upon 15,011,642 outstanding shares of Common Stock as of August 5, 2025 as reported in the Issuer's Quarterly Report on Form 10-Q filed on August 8, 2025.
(b)	(b) See responses to Items 7, 8, 9 and 10 on the cover pages of this filing, which are incorporated herein by reference.
(c)	(c) The transactions in the Common Stock by the Reporting Persons during the past sixty days are set forth on Schedule A and are incorporated herein by reference.

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.

GRAN FONDO CAPITAL B.V.

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Strikforce B.V. its Director
Date:	09/22/2025

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Tjitske Strikwerda Director
Date:	09/22/2025

Rorema Beheer B.V.

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Strikforce B.V. its Director
Date:	09/22/2025

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Tjitske Strikwerda Director
Date:	09/22/2025

FAQ

How many TruBridge (TBRG) shares do the reporting persons own?

The reporting persons beneficially own 950,158 shares of TruBridge common stock.

What percentage of TruBridge does the 950,158 shares represent?

The shares represent 6.3% of the 15,011,642 referenced outstanding shares.

How much did the reporting persons pay for the shares?

The aggregate purchase price reported is approximately $9,066,951, excluding brokerage commissions.

What source of funds was used to acquire the shares?

The filing states the shares were acquired using the reporting persons' working capital.

Does the filing state any plans to change control of TruBridge?

No. The amendment does not state any intention to acquire control, seek board seats, or undertake other strategic actions.

When was the outstanding share count used for the percentage calculation reported?

The filing uses 15,011,642 outstanding shares as of August 5, 2025 as reported by the issuer.