HGC Next Inv LLC Amends NextDecade Stake Filing

TL;DR

HGC Next Inv LLC updated their NextDecade stake filing. No major changes disclosed yet.

AI Summary

HGC Next Inv LLC, a significant shareholder in NextDecade Corporation, has filed an amendment (Amendment No. 3) to its Schedule 13D on July 31, 2024. This filing indicates a change in the beneficial ownership of NextDecade's common stock. The filing does not disclose specific new shareholdings or dollar amounts but updates the information previously submitted.

Why It Matters

This filing is important for investors as it signals a potential shift or update in the holdings of a major entity, which could influence market perception and trading activity for NextDecade Corporation.

Risk Assessment

Risk Level: medium — Schedule 13D filings, especially amendments, can signal significant changes in ownership or strategy by large investors, requiring careful monitoring.

Key Players & Entities

• HGC Next Inv LLC (company) — Filing entity
• NextDecade Corporation (company) — Subject company
• Shawn Kim (person) — Person authorized to receive notices

FAQ

Key Financial Figures

• $0.0001 — ration (Name of Issuer) Common Stock, $0.0001 Par Value (Title of Class of Securitie
• $7.50 — anwha Aerospace for a purchase price of $7.50 per share pursuant to the Block Trade A

Filing Documents

• sc13da3.htm (SC 13D/A) — 146KB
• 0001341004-24-000135.txt ( ) — 147KB

(b) of this Schedule 13D is hereby amended and restated as follows

Item 2(b) of this Schedule 13D is hereby amended and restated as follows: The address of the principal office of both HIP and HGC is 501 2nd Street, Suite 500, San Francisco, CA 94107. The address of the principal office of HIG is 86, Cheonggyecheon-ro, Jung-gu, Seoul, South Korea. The address of the principal office of Hanwha Aerospace is 1204 Changwon-daero, Seongsan-gu, Changwon-si, Gyeongsangnam-do, Korea, 51542. The address of the principal office of both Hanwha Ocean LLC and Hanwha Ocean Corp. is 5051 Westheimer Rd., Galleria Tower II, Suite 1400, Houston, TX 77056. The address of the principal office of Hanwha Ocean is 3370, Geoje-daero, Geoje-si, Gyeongsangnam-do, South Korea. Annex A of this Schedule 13D is amended and restated as set forth on the updated Annex A attached to this Amendment No. 3. Item 3. Source and Amount of Funds or Other Consideration.

of this Schedule 13D is hereby supplemented by the following

Item 3 of this Schedule 13D is hereby supplemented by the following: The purchase of a total of 35,072,737 shares of Common Stock by Hanwha Ocean LLC and Hanwha Aerospace for a purchase price of $7.50 per share pursuant to the Block Trade Agreements closed on July 29, 2024. Item 4. Purpose of Transaction.

of this Schedule 13D is hereby supplemented by the following

Item 4 of this Schedule 13D is hereby supplemented by the following: The information in Item 3 of this Schedule 13D is incorporated herein by reference. Item 5. Interest in Securities of the Issuer.

(b) and 5(c) of this Schedule 13D are hereby amended and restated as follows

Item 5(b) and 5(c) of this Schedule 13D are hereby amended and restated as follows: (b) The aggregate number and percentage of the Common Stock beneficially owned by each of the Reporting Persons and, for such Reporting Persons, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference. (c) Except as set forth in this Schedule 13D, the Reporting Persons have not effected any transactions in the Common Stock during the past 60 days. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

of this Schedule 13D is hereby supplemented by the following

Item 6 of this Schedule 13D is hereby supplemented by the following: The information in Item 3 of this Schedule 13D is incorporated herein by reference.

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 31, 2024 HGC NEXT INV LLC By: Hanwha Impact Partners Inc., its managing member By: /s/ Sunghyun Hong Name: Sunghyun Hong Title: President Hanwha Impact Partners Inc. By: /s/ Sunghyun Hong Name: Sunghyun Hong Title: President Hanwha Impact Global Corporation By: /s/ Sung Bin Lim Name: Sung Bin Lim Title: President Hanwha Aerospace Co., Ltd. By: /s/ Jaeil Son Name: Jaeil Son Title: Chief Executive Officer Hanwha Ocean USA International LLC By: /s/ Sukwon Lee Name: Sukwon Lee Title: Chief Executive Officer Hanwha Ocean USA Holdings Corp. By: /s/ Sukwon Lee Name: Sukwon Lee Title: Chief Executive Officer Hanwha Ocean Co., Ltd. By: /s/ Duhyoung Ryoo Name: Duhyoung Ryoo Title: President ANNEX A EXECUTIVE OFFICERS AND DIRECTORS OF THE REPORTING PERSONS Executive Officers and Directors of HGC NEXT INV LLC Name: Principal Occupation: Hanwha Impact Partners Inc. Managing Member of HGC NEXT INV LLC Executive Officers and Directors of Hanwha Impact Partners Inc. Name: Principal Occupation: Sunghyun Hong (citizen of South Korea) President / Director Inkyoon Jung (citizen of South Korea) Secretary / Treasurer / Director Executive Officers and Directors of Hanwha Impact Global Corporation Name: Principal Occupation: Sung Bin Lim (citizen of South Korea) President / Director Gi Yeol Nam (citizen of South Korea) Compliance Officer Joohun Shin (citizen of South Korea) Director Steve Sukyung Park Director Executive Officers and Directo

View Full Filing

View this SC 13D/A filing on SEC EDGAR