Linden Advisors/Linden GP disclose 950,000-share stake in TDAC (TDAC)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Translational Development Acquisition Corp. Schedule 13G discloses that Linden Advisors and Siu Min (Joe) Wong may be deemed beneficial owners of 950,000 shares of Class A Ordinary Shares as of May 27, 2026, representing approximately 5.5% of the outstanding shares. The filing states that 913,482 shares are held by Linden Capital and 36,518 shares are held by one or more Managed Accounts; Linden GP and Linden Capital are each deemed beneficial owners of the 913,482 shares (about 5.3%).
The statement lists voting and dispositive powers as shared (no sole voting or sole dispositive power reported) and provides addresses and organizational details for Linden Capital, Linden GP, Linden Advisors, and Mr. Wong.
Positive
- None.
Negative
- None.
Key Figures
Report date: May 27, 2026
Linden Advisors beneficial ownership: 950,000 shares
Linden Capital holdings: 913,482 shares
+4 more
7 metrics
Report date
May 27, 2026
Ownership amounts reported as of this date
Linden Advisors beneficial ownership
950,000 shares
Total deemed beneficial ownership (includes Linden Capital and Managed Accounts)
Linden Capital holdings
913,482 shares
Shares held directly by Linden Capital
Managed Accounts holdings
36,518 shares
Portion of the 950,000 held in Managed Accounts
Percent of class (Linden Advisors / Wong)
5.5%
Approximate percent of outstanding Shares as of May 27, 2026
Percent of class (Linden Capital / GP)
5.3%
Approximate percent of outstanding Shares as of May 27, 2026
CUSIP
G9008W105
Identifier for Class A Ordinary Shares
Key Terms
Schedule 13G, beneficially owned, shared dispositive power, Managed Accounts
4 terms
Schedule 13G regulatory
"This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons")"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"As of May 27, 2026, each of Linden Advisors and Mr. Wong may be deemed the beneficial owner"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Managed Accounts financial
"This amount consists of 913,482 Shares held by Linden Capital and 36,518 Shares held by the Managed Accounts"
Managed accounts are collections of investments owned by an individual or institution but run day-to-day by a professional who buys, sells and allocates assets according to an agreed plan. They matter to investors because they provide tailored oversight, active risk control and potential tax efficiency—like hiring a personal chef to manage your diet—while fees and the manager’s skill directly affect returns.
FAQ
What stake does Linden Advisors hold in TDAC?
Linden Advisors may be deemed beneficial owner of 950,000 shares as of May 27, 2026, representing approximately 5.5% of outstanding Class A Ordinary Shares. This total includes 913,482 shares held by Linden Capital and 36,518 in Managed Accounts.
What date and CUSIP does the Schedule 13G reference for TDAC?
The ownership amounts are reported as of May 27, 2026 and the filing identifies the Class A Ordinary Shares with CUSIP G9008W105. The issuer address is listed as 52 E. 83rd Street, New York, NY 10028.