York Capital Management Amends NextDecade Stake Filing

Ticker: NEXT · Form: SC 13D/A · Filed: 2024-07-29T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, schedule-13d, ownership-change

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

FAQ

What is the specific change in beneficial ownership reported by York Capital Management Global Advisors, LLC?

This excerpt does not specify the exact change in beneficial ownership, only that an amendment to the Schedule 13D filing has been made.

When was this amendment filed with the SEC?

The filing was made on July 29, 2024.

What is the CUSIP number for NextDecade Corporation's common stock?

The CUSIP number for NextDecade Corporation's common stock is 65342K105.

What is the primary business of NextDecade Corporation?

NextDecade Corporation is in the NATURAL GAS TRANSMISSION & DISTRIBUTION industry.

Where is York Capital Management Global Advisors, LLC located?

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

From the Filing

0001140361-24-034736.txt : 20240729 0001140361-24-034736.hdr.sgml : 20240729 20240729174821 ACCESSION NUMBER: 0001140361-24-034736 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240729 DATE AS OF CHANGE: 20240729 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: 241153728 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 ef20033256_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. 18)   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)   July 29, 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     4,264,298 (see Item 5)         9 SOLE DISPOSITIVE POWER     0 (see Item 5)         10 SHARED DISPOSITIVE POWER     4,264,298 (see Item 5)         11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     4,264,298 (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)     1.7% (see Item 5)         14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) &

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