York Capital Management Amends NextDecade Stake Filing

TL;DR

York Capital updated their NextDecade filing, likely a minor ownership tweak.

AI Summary

York Capital Management Global Advisors, LLC has amended its Schedule 13D filing concerning NextDecade Corporation, as of July 29, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or percentage changes are not detailed in this excerpt. York Capital Management Global Advisors, LLC is a significant investor in NextDecade Corporation.

Why It Matters

This amendment signals a potential shift in the holdings of a major investor, which could influence market perception and trading activity for NextDecade Corporation.

Risk Assessment

Risk Level: medium — Amendments to 13D filings can indicate changes in investor strategy or significant stake adjustments, requiring close monitoring.

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 Corporation
• Kaitlin Descovich (person) — Contact person for copies

FAQ

Key Financial Figures

• $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of class of securitie
• $7.50 — nd Hanwha Ocean at a price per share of $7.50. Item 5. Interests in the Securities

Filing Documents

• ef20033256_sc13da.htm (SC 13D/A) — 69KB
• 0001140361-24-034736.txt ( ) — 70KB

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 July 29, 2024: 0 Shares beneficially owned directly by York Capital Management, L.P., a Delaware limited partnership ("York Capital"); 0 Shares beneficially owned directly by York Credit Opportunities Fund, L.P., a Delaware limited partnership ("York Credit Opportunities"); 0 Shares beneficially owned directly by York Credit Opportunities Investments Master Fund, L.P., a Cayman limited partnership ("York Credit Opportunities Master"); 0 Shares beneficially owned directly by FDAF Dislocated Asset Fund II, L.P., a Delaware limited partnership (formerly known as York European Fund, "FDAF"); 3,016,677 Shares beneficially owned directly by York Multi-Strategy Master Fund, L.P., a Cayman Islands exempted limited partnership ("York Multi-Strategy"); 1,247,621 Shares beneficially owned directly by York Tactical Energy Fund L.P., a Delaware limited partnership ("York Tactical"); and 0 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 directly by the York Funds. James G. Dinan is

is amended and supplemented as follows

Item 4 is amended and supplemented as follows: On July 29, 2024, the previously described transaction pursuant to the Secondary Block Trade Agreements between the York Funds and each of Hanwha Aerospace Co., Ltd. ("Hanwha Aerospace") and Hanwha Ocean USA International LLC ("Hanwha Ocean") closed and the York Funds sold 35,072,737 Shares, in the aggregate, to Hanwha Aerospace and Hanwha Ocean at a price per share of $7.50. 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. 18 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. 18. (a) (i) YGA may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 4,264,298 Shares in the aggregate, which represents approximately 1.7% 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 0 Shares. As the general partner of York Capital, Dinan Management may be deemed to be the beneficial (iii) York Credit Opportunities may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 0 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 0 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 0 Shares. As the general partner of FDAF, FDAF GP may be deemed to be the beneficial owner of the securities beneficially owned by FDAF. (vi) York Multi-Strategy may, pursuant to Rule 13d-3 under the Exchange Act, be deemed t

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: July 29, 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 1 James G. Dinan Founder 1330 Avenue of the Americas, 20th Floor New York, NY 10019 Investment management USA 2,149,053 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.

View Full Filing

View this SC 13D/A filing on SEC EDGAR