Highbridge Capital Management Reports New 8.7% Stake in Newbridge Acquisition Ltd (NBRG)
Highbridge Capital Management, LLC filed a Schedule 13G on May 15, 2026, reporting a new 8.7% stake in Newbridge Acquisition Ltd (NBRG). The filing indicates that Highbridge acquired 530,990 Class A Ordinary Shares as of the event date on March 31, 2026. Highbridge serves as the investment adviser to various funds and accounts, including the Highbridge Tactical Credit Master Fund, L.P., which specifically holds the right to receive dividends or proceeds from more than 5% of the outstanding shares. The Reporting Person maintains sole voting and dispositive power over all 530,990 shares. The calculation of the 8.7% ownership is based on a total of 6,108,750 Class A Ordinary Shares outstanding as reported in the Issuer's Annual Report for the year ended December 31, 2025. This filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.