York Capital Amends Stake in NextDecade
Ticker: NEXT · Form: SC 13D/A · Filed: 2024-05-24T00:00:00.000Z
Sentiment: neutral
Topics: sec-filing, schedule-13d, ownership-change
Related Tickers: NEXT
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
What is the specific change in beneficial ownership being reported in this amendment?
The provided header information does not specify the exact change in beneficial ownership percentage or the number of shares held by York Capital Management Global Advisors, LLC.
What was the previous filing date for York Capital Management's Schedule 13D for NextDecade?
The header information indicates this is Amendment No. 16, but does not explicitly state the date of the previous filing.
What is the primary business of NextDecade Corporation?
NextDecade Corporation is primarily involved in Natural Gas Transmission & Distribution, as indicated by its Standard Industrial Classification code [4923].
Where is NextDecade Corporation headquartered?
NextDecade Corporation is headquartered in Houston, Texas, at 1000 Louisiana Street, Suite 3900.
Who is listed as the filer for this Schedule 13D/A?
The filer is York Capital Management Global Advisors, LLC, located at 1330 Avenue of the Americas, 20th Floor, New York, NY 10019.
From the Filing
0001140361-24-027515.txt : 20240524 0001140361-24-027515.hdr.sgml : 20240524 20240524193453 ACCESSION NUMBER: 0001140361-24-027515 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240524 DATE AS OF CHANGE: 20240524 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NextDecade Corp. CENTRAL INDEX KEY: 0001612720 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 465723951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88779 FILM NUMBER: 24985978 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135741880 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: Harmony Merger Corp. DATE OF NAME CHANGE: 20140703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: York Capital Management Global Advisors, LLC CENTRAL INDEX KEY: 0001480532 ORGANIZATION NAME: IRS NUMBER: 161757441 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1330 AVENUE OF THE AMERICAS STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-300-1300 MAIL ADDRESS: STREET 1: 1330 AVENUE OF THE AMERICAS STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 ef20029974_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 16)   NextDecade Corporation (Name of Issuer)   Common Stock, par value $0.0001 per share (Title of class of securities)   65342K105 (CUSIP number)   York Capital Management Global Advisors LLC 1330 Avenue of the Americas, 20th Floor New York, NY 10019 Telephone: (212) 300-1300   with copies to: Kaitlin Descovich Weil, Gotshal & Manges LLP 2000 M Street NW Washington, DC 20026 Telephone: (202) 682-7000   (Name, address and telephone number of person authorized to receive notices and communications)   May 22, 2024 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §240.13d-1(e), §240.13d-1(f) or §240.13d-1(g), check the following box ☐.   Schedule 13D CUSIP No. 65342K105           1 NAMES OF REPORTING PERSONS     York Capital Management Global Advisors, LLC         2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒     3 SEC USE ONLY               4 SOURCE OF FUNDS (SEE INSTRUCTIONS)     OO         5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)   ☐         6 CITIZENSHIP OR PLACE OF ORGANIZATION     Delaware         NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER     0 (see Item 5)         8 SHARED VOTING POWER     39,337,035 (see Item 5)         9 SOLE DISPOSITIVE POWER     0 (see Item 5)         10 SHARED DISPOSITIVE POWER     39,337,035 (see Item 5)         11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     39,337,035 (see Item 5)         12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ☐         13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     15.2% (see Item 5)         14 TYPE OF REPORTI