SCHEDULE 13D/A: Yoda PLC and Ioannis Papalekas Disclose 26.08% Stake in Capital Clean Energy Carriers Corp.
Beneficial Ownership Disclosure
Yoda PLC and its controlling shareholder, Ioannis Papalekas, have disclosed a significant beneficial ownership stake of 26.08% in Capital Clean Energy Carriers Corp., acquired for investment purposes.
Summary
- Yoda PLC and its controlling shareholder, Ioannis Papalekas, have reported a beneficial ownership of 15,309,763 Common Shares of Capital Clean Energy Carriers Corp.
- This represents 26.08% of the Issuer's outstanding Common Shares, calculated based on 58,717,313 shares outstanding as of April 29, 2025.
- The shares were acquired between September 11, 2024, and May 21, 2025, through wholly-owned subsidiaries Ascetico Limited and Paparebecorp Limited.
- Ascetico Limited acquired 366,337 Common Shares for an aggregate of $7,215,290.
- Paparebecorp Limited acquired 220,949 Common Shares for an aggregate of $4,223,441.
- The total acquisition cost for these specific transactions was $11,438,731.
- The source of funds for these acquisitions was the working capital of Yoda PLC.
- The Reporting Persons acquired the shares for investment purposes, believing they represented an attractive investment opportunity.
Sentiment
Score: 7
Explanation: The acquisition of a significant stake by an investor who believes it's an 'attractive investment opportunity' generally conveys a positive sentiment towards the issuer, although the filing itself is a factual disclosure.
Positives
- A significant investor, Yoda PLC and its controlling shareholder Ioannis Papalekas, has taken a substantial 26.08% stake in Capital Clean Energy Carriers Corp., indicating confidence in the company.
- The acquisition was made for "investment purposes" as the Reporting Persons "believed that such Common Shares represented an attractive investment opportunity."
Future Outlook
The Reporting Persons intend to review their investment in Capital Clean Energy Carriers Corp. from time to time based on various factors, including the Issuer's business, financial condition, and market conditions. They reserve the right to acquire additional Common Shares or dispose of existing holdings in the future.
Management Comments
- "The Reporting Persons acquired the Common Shares of the Issuer for investment purposes as they believed that such Common Shares represented an attractive investment opportunity."
- "The Reporting Persons intend to review their investment in the Issuer from time to time on the basis of various factors, including the Issuer's business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for the Issuer's stock in particular, as well as other developments."
- "The Reporting Persons reserve the right, based on all relevant factors and subject to applicable law or other restrictions, at any time and from time to time, directly or through wholly owned subsidiaries, to acquire additional Common Shares, dispose of some or all of the Common Shares that it may own from time to time, in each case in open market or private transactions, block sales or otherwise, and review or reconsider their position, change their purpose, take other actions or formulate and implement plans or proposals with respect to any of the foregoing."
Industry Context
This filing primarily concerns a change in beneficial ownership by a significant investor and does not provide information to analyze broader industry trends or competitive landscape for Capital Clean Energy Carriers Corp.
Stakeholder Impact
- Shareholders may view the significant stake acquired by Yoda PLC and Ioannis Papalekas as a vote of confidence in Capital Clean Energy Carriers Corp.'s future prospects.
- The increased concentration of ownership could potentially influence future strategic decisions or corporate governance of the Issuer.
Next Steps
- The Reporting Persons intend to review their investment in Capital Clean Energy Carriers Corp. from time to time.
- The Reporting Persons reserve the right to acquire additional Common Shares or dispose of some or all of their holdings in the future.
Key Dates
| Date | Description |
|---|---|
| 2024-09-11 | Start date of the period during which shares were acquired by Yoda PLC's subsidiaries. |
| 2025-04-29 | Date as of which the Issuer reported 58,717,313 Common Shares outstanding, used for percentage calculation. |
| 2025-05-21 | Date of event which requires filing of this statement; end date of the period during which shares were acquired. |
| 2025-05-22 | Date of signing of the Schedule 13D filing by Alon Bar and Ioannis Papalekas. |
Keywords
Capital Clean Energy Carriers Corp., Yoda PLC, Ioannis Papalekas, Schedule 13D, Beneficial Ownership, Common Shares, Investment, SEC Filing, Share Acquisition, Clean Energy
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