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

From the Filing

0001341004-24-000135.txt : 20240731 0001341004-24-000135.hdr.sgml : 20240731 20240731163807 ACCESSION NUMBER: 0001341004-24-000135 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 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: 241162576 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: HGC Next Inv LLC CENTRAL INDEX KEY: 0001964891 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 501 2ND STREET, SUITE 500 CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 415-605-0200 MAIL ADDRESS: STREET 1: 501 2ND STREET, SUITE 500 CITY: SAN FRANCISCO STATE: CA ZIP: 94107 SC 13D/A 1 sc13da3.htm SCHEDULE 13D, AMENDMENT NO. 3   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 13D   Under the Securities Exchange Act of 1934 (Amendment No. 3)*     NextDecade Corporation (Name of Issuer)   Common Stock, $0.0001 Par Value (Title of Class of Securities)   65342K 105 (CUSIP Number)   Shawn Kim 280 Park Avenue, 23rd Floor East Tower New York, New York (929) 415-4433 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)   Copies to:   Eric C. Otness, Esq. Skadden, Arps, Slate, Meagher & Flom LLP 1000 Louisiana, Suite 6800 Houston, Texas 77002-5026 Tel.: (713) 655-5100   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 that 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.   ☐     * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. Names of Reporting Persons.   HGC NEXT INV LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)   ☐         (b)   ☒ 3. SEC Use Only    4. Source of Funds (See Instructions)   AF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)   ☐ 6. Citizenship or Place of Organization   Delaware Number of Shares Beneficially Owned by Each Reporting Persons With 7. Sole Voting Power   0 8. Shared Voting Power   23,410,842 9. Sole Dispositive Power   0 10. Shared Dispositive Power   23,410,842 11. Aggregate Amount Beneficially Owned by Each Reporting Person   23,410,842 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares