Highbridge Capital Amends ASPAC II ACQ Corp. Stake (SC 13G/A)

TL;DR

**Highbridge Capital just updated its passive stake in ASPAC II Acquisition Corp.**

AI Summary

Highbridge Capital Management LLC filed an amended SC 13G/A on January 19, 2024, indicating a change in their ownership of Class A Ordinary Shares of ASPAC II Acquisition Corp. as of December 31, 2023. This filing, an amendment to a previous Schedule 13G, signals that Highbridge Capital Management LLC continues to hold a significant, but potentially altered, passive investment in ASPAC II Acquisition Corp. For investors, this matters because Highbridge Capital Management LLC is a major institutional investor, and changes in their holdings can influence market perception and potentially the stock's liquidity or future strategic direction.

Why It Matters

This filing shows an institutional investor's updated position, which can signal their ongoing confidence or a shift in strategy regarding ASPAC II Acquisition Corp. It's important for investors to track major holders as their actions can impact stock sentiment.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate high-risk events.

Analyst Insight

Investors should note Highbridge Capital's continued, albeit potentially adjusted, passive stake. While not an active signal, it confirms ongoing institutional interest. Monitor future 13F filings for more detailed position changes.

Key Players & Entities

• Highbridge Capital Management LLC (company) — the reporting person filing the SC 13G/A
• ASPAC II Acquisition Corp. (company) — the subject company whose securities are being reported
• Class A Ordinary Shares (security_type) — the type of securities held by Highbridge Capital Management LLC
• December 31, 2023 (date) — the date of the event requiring the filing
• G0543H109 (identifier) — the CUSIP number for ASPAC II Acquisition Corp.'s Class A Ordinary Shares

Forward-Looking Statements

• Highbridge Capital Management LLC will maintain a passive investment strategy in ASPAC II Acquisition Corp. (Highbridge Capital Management LLC) — high confidence, target: Next 12 months

FAQ

Filing Documents

• p24-0085sc13ga.htm (SC 13G/A) — 44KB
• 0000902664-24-000424.txt ( ) — 46KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is A SPAC II Acquisition Corp. (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 289 Beach Road, #03-01, Singapore 199552.

(a)

Item 2(a). NAME OF PERSON FILING: This statement is filed by Highbridge Capital Management, LLC (" Highbridge " or the " Reporting Person "), a Delaware limited liability company and the investment adviser to certain funds and accounts (the " Highbridge Funds "), with respect to Class A Ordinary Shares (as defined in Item 2(d) below) that were directly held by the Highbridge Funds.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of Reporting Person is 277 Park Avenue, 23rd Floor, New York, New York 10172.

(c)

Item 2(c). CITIZENSHIP: Highbridge is a Delaware limited liability company.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Class A ordinary shares, no par value (the " Class A Ordinary Shares ").

(e)

Item 2(e). CUSIP NUMBER: G0543H109 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act, (b) ¨ Bank as defined in Section 3(a)(6) of the Act, (c) ¨ Insurance Company as defined in Section 3(a)(19) of the Act, (d) ¨ Investment Company registered under Section 8 of the Investment Company Act of 1940, (e) x An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee Benefit Plan or Endowment Fund in accordance with Rule 13d1(b)(1)(ii)(F), (g) ¨ Parent Holding Company or control person in accordance with Rule 13d1(b)(1)(ii)(G), CUSIP No. G0543H109 13G/A Page 4 of 5 Pages (h) ¨ Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page of the Reporting Person and is incorporated herein by reference. Item 5. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ý Item 6. Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: January 19, 2024 HIGHBRIDGE CAPITAL MANAGEMENT, LLC By: /s/ Kirk Rule Name: Kirk Rule Title: Executive Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR