Highbridge Capital Amends CompoSecure Stake on Dec 31, 2023

TL;DR

**Highbridge Capital just updated its CompoSecure holdings, watch for market reaction.**

AI Summary

Highbridge Capital Management, LLC filed an amended Schedule 13G/A on February 2, 2024, indicating a change in their ownership of CompoSecure, Inc.'s Class A Common Stock as of December 31, 2023. This filing updates their previous disclosure, showing their current stake in the company. This matters to investors because significant changes in institutional ownership can signal a shift in confidence or strategy from major funds, potentially influencing stock price and market perception.

Why It Matters

Changes in major institutional holdings can impact a stock's perceived value and liquidity, as large investors often move significant capital.

Risk Assessment

Risk Level: low — This filing is a routine update of ownership, not indicating any immediate negative or positive event for the company.

Analyst Insight

Investors should review the full SC 13G/A filing to understand the exact change in Highbridge Capital Management, LLC's ownership percentage and consider if this aligns with their own investment thesis for CompoSecure, Inc.

Key Players & Entities

• Highbridge Capital Management, LLC (company) — the entity filing the SC 13G/A
• CompoSecure, Inc. (company) — the issuer of the Class A Common Stock
• December 31, 2023 (date) — the date of the event requiring the filing
• Class A Common Stock (company) — the type of securities held by Highbridge Capital Management, LLC

Forward-Looking Statements

• CompoSecure's stock price may see minor fluctuations as investors digest the updated institutional ownership information. (CompoSecure, Inc.) — medium confidence, target: next 1-2 weeks

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securitie

Filing Documents

• p24-2468sc13ga.htm (SC 13G/A) — 50KB
• 0000902664-24-000977.txt ( ) — 52KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is CompoSecure, Inc. (the " Company ").

(b)

Item 1 (b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 309 Pierce Street, Somerset, New Jersey 08873.

(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 the shares of Class A Common Stock (as defined in Item 2(d) below) issuable upon exchange of certain exchangeable notes directly held by the Highbridge Funds. The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Class A Common Stock reported herein.

(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 Common Stock, par value $0.0001 per share (the " Class A Common Stock ").

(e)

Item 2 (e). CUSIP NUMBER: 20459V105 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, CUSIP No. 20459V105 13G/A Page 4 of 6 Pages (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), (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. The percentages set forth herein are calculated based upon 19,356,819 shares of Class A Common Stock reported to be outstanding as of November 2, 2023, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023, filed with the Securities and Exchange Commission on November 13, 2023, and assumes the exchange of the exchangeable notes reported herein, subject to the 9.90% Blocker (as defined below). Pursuant to the terms of the repo

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: February 2, 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