SCHEDULE 13G/A: BlackRock Amends Passive Stake in NextDecade Corp., Disclosing 3.5% Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 3.5% beneficial ownership stake in NextDecade Corp. as of March 31, 2025, held for ordinary course investment purposes.
Summary
- BlackRock, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in NextDecade Corp.
- As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 9,047,314 shares of NextDecade Corp. Common Stock.
- This represents 3.5% of the total outstanding class of securities.
- BlackRock holds sole voting power over 8,906,611 shares and sole dispositive power over 9,047,314 shares.
- The securities are stated to be acquired and held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing disclosing passive beneficial ownership. It contains no positive or negative operational news about the issuer, nor does it imply any specific sentiment beyond routine compliance.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure by a major institutional asset manager, BlackRock, indicating its passive investment in NextDecade Corp. It reflects routine portfolio management and compliance with SEC reporting requirements for significant beneficial ownership stakes, rather than a strategic or operational announcement from the issuer.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming no intent to influence control over the issuer.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, which has been expressly revoked. |
| 2025-01-21 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 2025-03-31 | Date of event which requires the filing of this statement, indicating the beneficial ownership snapshot date. |
| 2025-04-29 | Date of filing and signature of the Schedule 13G Amendment No. 2. |
Keywords
BlackRock, NextDecade Corp., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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