York Capital Management Amends NextDecade Stake

Ticker: NEXT · Form: SC 13D/A · Filed: 2024-06-17T00:00:00.000Z

Sentiment: neutral

Topics: ownership-change, sec-filing, amendment

Related Tickers: NEXT

TL;DR

York Capital updated their NextDecade stake filing. Keep an eye on this one.

AI Summary

York Capital Management Global Advisors, LLC has amended its Schedule 13D filing regarding NextDecade Corporation. The filing, dated June 17, 2024, indicates a change in beneficial ownership. York Capital Management Global Advisors, LLC is based in New York, NY.

Why It Matters

This amendment signals a potential shift in significant shareholder influence or strategy for NextDecade Corporation, which could impact its stock performance and future business decisions.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.

Key Players & Entities

FAQ

What is the primary purpose of this SC 13D/A filing?

This filing is an amendment to a Schedule 13D, indicating a change in the beneficial ownership of NextDecade Corporation's securities by York Capital Management Global Advisors, LLC.

Who is the filing entity and what is their address?

The filing entity is York Capital Management Global Advisors, LLC, located at 1330 Avenue of the Americas, 20th Floor, New York, NY 10019.

What is the subject company and its CUSIP number?

The subject company is NextDecade Corporation, with CUSIP number 65342K105.

When was this amendment filed?

This amendment was filed on June 17, 2024.

What is the previous name of NextDecade Corporation?

NextDecade Corporation was formerly known as Harmony Merger Corp. prior to a name change on July 3, 2014.

From the Filing

0001140361-24-030367.txt : 20240617 0001140361-24-030367.hdr.sgml : 20240617 20240617170846 ACCESSION NUMBER: 0001140361-24-030367 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240617 DATE AS OF CHANGE: 20240617 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: 241049196 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 ef20031191_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. 17)   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) June 13, 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     No change reported.         8 SHARED VOTING POWER     No change reported.         9 SOLE DISPOSITIVE POWER     No change reported.         10 SHARED DISPOSITIVE POWER     No change reported.         11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     No change reported.         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)     No change reported.         14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  

View on Read The Filing