Schedule 13D/A: Gran Fondo & Rorema Report 6.3% of TruBridge

Rhea-AI Filing Summary

Amendment No. 2 to a Schedule 13D for TruBridge, Inc. discloses that reporting persons Gran Fondo Capital B.V. and Rorema Beheer B.V. together beneficially own 950,158 shares, representing 6.3% of TruBridge's outstanding common stock based on 15,011,642 shares outstanding as of August 5, 2025. The filing states the shares were acquired for an aggregate purchase price of approximately $9,066,951, excluding commissions, using the reporting persons' working capital. This amendment is filed solely to include Schedule A, which was inadvertently omitted from Amendment No. 1; Schedule A contains transactions in the past 60 days. The issuer's principal executive office is listed in Mobile, Alabama.

Positive

• Disclosure of a material minority stake: Reporting persons beneficially own 950,158 shares (6.3%), improving transparency for investors.
• Aggregate purchase price disclosed: The filing specifies an acquisition cost of approximately $9,066,951, providing clarity on economic commitment.

Negative

• No sole voting or dispositive power is reported; the holders report only shared voting and dispositive power, indicating no individual control.
• Prior omission corrected: Schedule A was inadvertently omitted from Amendment No. 1, indicating a prior disclosure gap now remedied.

Insights

Financial Analyst

TL;DR: A disclosed 6.3% stake purchased for ~$9.07M signals a meaningful minority position but not control.

The filing reports a combined beneficial ownership of 950,158 shares, equal to 6.3% of TruBridge's 15,011,642 outstanding shares as of August 5, 2025. The acquisition cost of approximately $9.07 million (excluding commissions) was paid from the reporting entities' working capital. For investors, a disclosed stake at this magnitude may indicate active monitoring or potential for engagement, but it is below thresholds that typically imply control or a formal takeover attempt. The filing corrects a prior omission by adding Schedule A with recent transactions, which investors should review for timing and concentration details.

Corporate Governance Expert

TL;DR: Reporting persons show shared voting/dispositive power only; disclosure remedy corrects a prior omission.

The reporting parties indicate shared voting and dispositive power over the 950,158 shares and no sole voting or dispositive power, which suggests coordinated ownership rather than a single controlling holder. The amendment clarifies that Schedule A—detailing purchases in the past 60 days—was omitted previously and is now included, addressing a disclosure gap. From a governance perspective, the 6.3% holding is material enough to warrant attention but does not, by itself, trigger control presumptions; review of Schedule A transactions will be important to assess accumulation pace and intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

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)

09/22/2025

(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: Note: This Amendment No. 2 is being filed solely to include Schedule A, which was inadvertently omitted from Amendment No. 1 filed on September 22, 2025
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.
Item 7.	Material to be Filed as Exhibits.
	Schedule A - Transactions in the Common Stock of the Issuer During the Past Sixty (60) Days

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:	09/26/2025

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Tjitske Strikwerda Director
Date:	09/26/2025

Rorema Beheer B.V.

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Strikforce B.V. its Director
Date:	09/26/2025

Signature:	/s/ Tjitske Strikwerda
Name/Title:	Tjitske Strikwerda Director
Date:	09/26/2025

FAQ

What stake in TruBridge (TBRG) do Gran Fondo Capital B.V. and Rorema Beheer B.V. report?

They report beneficial ownership of 950,158 shares, representing 6.3% of TruBridge's common stock based on 15,011,642 shares outstanding as of August 5, 2025.

How much did the reporting persons pay for the shares in the Schedule 13D/A?

The shares were acquired for an aggregate purchase price of approximately $9,066,951, excluding brokerage commissions.

What type of voting power do the reporting persons have over the shares?

The filing reports 0 shares of sole voting power and 950,158 shares of shared voting power; sole dispositive power is 0 and shared dispositive power is 950,158.

Why was Amendment No. 2 filed for this Schedule 13D?

Amendment No. 2 was filed solely to include Schedule A, which was inadvertently omitted from Amendment No. 1 filed on September 22, 2025.

What source of funds was used to acquire the shares?

The filing states the shares were acquired using the reporting persons' working capital (source of funds indicated as WC).