Hudson Bay Capital Maintains Passive Stake in ASPAC II Acquisition Corp.

TL;DR

**Hudson Bay Capital is still a big, passive owner of ASPAC II Acquisition Corp. shares.**

AI Summary

Hudson Bay Capital Management LP, a hedge fund, filed an amended Schedule 13G/A on February 2, 2024, indicating its ownership of Class A Ordinary Shares in ASPAC II Acquisition Corp. as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, though passive, stake in the SPAC. This matters to investors because Hudson Bay Capital Management LP is a major institutional holder, and changes in their position could signal shifts in confidence or strategy regarding ASPAC II Acquisition Corp.'s future business combination.

Why It Matters

This filing confirms a major institutional investor's continued, albeit passive, interest in ASPAC II Acquisition Corp., which can influence market perception and investor confidence in the SPAC's ability to complete a successful merger.

Risk Assessment

Risk Level: low — This is a routine update from a passive investor, indicating no immediate significant risk or change in company operations.

Analyst Insight

Investors should note that a significant institutional holder like Hudson Bay Capital Management LP is maintaining its position, suggesting no immediate red flags but also no aggressive bullish moves. This filing is a routine update, so no immediate action is required based solely on this information.

Key Players & Entities

• Hudson Bay Capital Management LP (company) — the reporting person and institutional investor
• ASPAC II Acquisition Corp. (company) — the subject company (issuer) of the securities
• December 31, 2023 (date) — the date of the event requiring the filing
• February 2, 2024 (date) — the filing date of the SC 13G/A
• Class A Ordinary Shares (other) — the type of securities owned by Hudson Bay Capital Management LP

Forward-Looking Statements

• Hudson Bay Capital Management LP will likely maintain a passive investment strategy in ASPAC II Acquisition Corp. in the near term. (Hudson Bay Capital Management LP) — high confidence, target: Q2 2024

FAQ

Filing Documents

• ascb13ga.htm (SC 13G/A) — 52KB
• image_016.gif (GRAPHIC) — 0KB
• 0001393825-24-000017.txt ( ) — 54KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is A SPAC II Acquisition Corp., a British Virgin Islands company (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 Hudson Bay Capital Management LP (the " Investment Manager ") and Mr. Sander Gerber (" Mr. Gerber "), who are collectively referred to herein as " Reporting Persons ."

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of each of the Reporting Persons is 28 Havemeyer Place, 2nd Floor, Greenwich, CT 06830.

(c)

Item 2(c). CITIZENSHIP: The Investment Manager is a Delaware limited partnership. Mr. Gerber is a United States citizen.

(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 (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ý Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) ý Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ¨ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) ¨ 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 for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The Investment Manager serves as the investment manager to HB Strategies LLC and Hudson Bay SPAC Master Fund LP, in whose name the securities reported herein were held. As such, the Investment Manager may have been deemed to be the beneficial owner of all securities held by HB Strategies LLC and Hudson Bay SPAC Master Fund LP. Mr. Gerber serves as the managing member of Hudson Bay Capital GP LLC, which is the gener

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its or his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATE: February 2, 2024 HUDSON BAY CAPITAL MANAGEMENT LP By: /s/ Sander Gerber Name:Sander Gerber Title:Authorized Signatory /s/ Sander Gerber SANDER GERBER

View Full Filing

View this SC 13G/A filing on SEC EDGAR