York Capital Amends Stake in NextDecade

TL;DR

York Capital just updated their NextDecade filing - something's up.

AI Summary

York Capital Management Global Advisors, LLC has filed an amendment (Amendment No. 16) to its Schedule 13D for NextDecade Corporation, dated May 24, 2024. This filing indicates a change in their beneficial ownership of NextDecade's common stock. The specific details of the change in ownership percentage or the exact number of shares are not provided in this header information.

Why It Matters

This filing signals a potential shift in major shareholder activity for NextDecade, which could influence stock price and corporate strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in investor sentiment, warranting close monitoring.

Key Numbers

• 16 — Amendment Number (Indicates this is the 16th update to the filing.)
• 20240524 — Filing Date (The date the amendment was submitted to the SEC.)

Key Players & Entities

• York Capital Management Global Advisors, LLC (company) — Filing entity
• NextDecade Corporation (company) — Subject company
• Harmony Merger Corp. (company) — Former company name for NextDecade
• Kaitlin Descovich (person) — Contact person for legal counsel

FAQ

Key Financial Figures

• $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of class of securitie

Filing Documents

• ef20029974_sc13da.htm (SC 13D/A) — 67KB
• 0001140361-24-027515.txt ( ) — 68KB

is amended and supplemented as follows

Item 2 is amended and supplemented as follows: (a) This Statement is being filed by York Capital Management Global Advisors, LLC, a New York limited liability company ("YGA" or the "Reporting Person"). This Statement is being filed by YGA with respect to the following Share ownership amounts as of May 22, 2024: 2,364,876 Shares beneficially owned directly by York Capital Management, L.P., a Delaware limited partnership ("York Capital"); 7,654,268 Shares beneficially owned directly by York Credit Opportunities Fund, L.P., a Delaware limited partnership ("York Credit Opportunities"); 6,720,032 Shares beneficially owned directly by York Credit Opportunities Investments Master Fund, L.P., a Cayman limited partnership ("York Credit Opportunities Master"); 3,867,879 Shares beneficially owned directly by FDAF Dislocated Asset Fund II, L.P., a Delaware limited partnership (formerly known as York European Fund, "FDAF"); 14,049,706 Shares beneficially owned directly by York Multi-Strategy Master Fund, L.P., a Cayman Islands exempted limited partnership ("York Multi-Strategy"); 1,559,527 Shares beneficially owned directly by York Tactical Energy Fund L.P., a Delaware limited partnership ("York Tactical"); and 3,120,747 Shares beneficially owned directly by York Tactical Energy Fund PIV-AN L.P., a Delaware limited partnership ("York Tactical PIV-AN" and together with York Tactical, York Capital, York Credit Opportunities, York Credit Opportunities Master, FDAF, and York Multi-Strategy, the "York Funds"). YGA, the sole managing member of Dinan Management LLC, a New York limited liability company ("Dinan Management"), and the sole managing member of the general partner of each of York Capital, York Credit Opportunities, York Credit Opportunities Master, York Multi-Strategy, York Tactical and York Tactical PIV-AN, exercises investment discretion over such investment funds and accordingly may be deemed to have beneficial ownership over the Shares beneficially owned directl

is amended and supplemented as follows

Item 4 is amended and supplemented as follows: On May 22, 2024, each of the following York funds distributed to their respective investors, on a pro rata basis, for no additional consideration, the number of Shares as follows: 4,363,707 by York Capital; 5,572,710 by York Credit Opportunities; 7,550,623 by York Credit Opportunities Master; and 950,030 by York Multi-Strategy, pursuant to their governing documents (the "May 2024 Distribution"). Item 5. Interests in the Securities of the Issuer.

is amended and restated as follows

Item 5 is amended and restated as follows: The responses set forth on rows 7 through 13 of the cover pages of this Amendment No. 16 are incorporated by reference in this Item 5. The beneficial ownership information that follows in this Item 5 is as the date of this Amendment No. 16. (a) (i) YGA may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 39,337,035 Shares in the aggregate, which represents approximately 15.2% of the outstanding Shares (calculated based on 257,994,156 Shares outstanding as of May 3, 2024, as reported in the Issuer's Amendment No. 1 to the Quarterly Report on Form 10-Q/A filed with the Securities and Exchange Commission on May 13, 2024 (the "Outstanding Shares"). (ii) York Capital may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 2,364,876 Shares. As the general partner of York Capital, Dinan Management may be deemed to be the beneficial owner of the securities beneficially owned by York Capital. (iii) York Credit Opportunities may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 7,654,268 Shares. As the general partner of York Credit Opportunities, York Credit Opportunities Domestic may be deemed to be the beneficial owner of the securities beneficially owned by York Credit Opportunities. (iv) York Credit Opportunities Master may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 6,720,032 Shares. As the general partner of York Credit Opportunities Master, Dinan Management may be deemed to be the beneficial owner of the securities beneficially owned by York Credit Opportunities Master. (v) FDAF may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 3,867,879 Shares. As the general partner of FDAF, FDAF GP may be deemed to be the beneficial owner of the securities beneficially owned by FDAF. 4 (vi) York Multi-Strategy may, pursuant to Rule 13d

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 24, 2024 York Capital Management Global Advisors, LLC By: /s/ Brian Traficante Name: Brian Traficante Title: Managing Director & Chief Operating Officer, General Counsel and Chief Compliance Officer EXHIBIT 1 DIRECTORS AND EXECUTIVE OFFICERS OF YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC. Name Title Principal Occupation Citizenship of Shares James G. Dinan Chairman and Chief Executive Officer 1330 Avenue of the Americas, 20th Floor New York, NY 10019 Investment management USA 2,149,053 1 William Vrattos Chief Investment Officer and Managing Partner 1330 Avenue of the Americas, 20th Floor New York, NY 10019 Investment management USA 744,486 1. Represents shares directly held and indirect interests in Shares through investment vehicles.

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View this SC 13D/A filing on SEC EDGAR