SCHEDULE: Glazer Capital Exits Dun & Bradstreet Holdings Stake

Glazer Capital, LLC and Paul J. Glazer have reported a complete divestment of their beneficial ownership in Dun & Bradstreet Holdings, Inc., reducing their stake to 0%.

Summary

• Glazer Capital, LLC and Paul J. Glazer, collectively referred to as "Reporting Persons," have filed an Amendment No. 1 to their Schedule 13G.
• The filing indicates that the Reporting Persons no longer beneficially own any shares of Dun & Bradstreet Holdings, Inc. Common Stock.
• Their aggregate beneficial ownership has decreased to 0.00 shares, representing 0.00% of the class.
• The "Date of Event Which Requires Filing of this Statement" was September 30, 2025, indicating when beneficial ownership fell below the reporting threshold.
• Glazer Capital, LLC serves as investment manager for certain funds and managed accounts (Glazer Funds), and Mr. Paul J. Glazer is its Managing Member.

Sentiment

Score: 3

Explanation: The filing reports a complete divestment by Glazer Capital, LLC and Paul J. Glazer, reducing their beneficial ownership to 0%. This indicates a lack of continued investment interest from this specific institutional holder, which can be perceived negatively by the market.

Negatives

• A significant institutional investor, Glazer Capital, LLC, has fully divested its stake in Dun & Bradstreet Holdings, Inc., which could be interpreted as a lack of confidence in the company's future prospects by that specific investor.

Risks

• The complete divestment by an institutional investor like Glazer Capital, LLC could signal potential underlying concerns about Dun & Bradstreet Holdings, Inc.'s performance or outlook, which may not be immediately apparent to other investors.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Dun & Bradstreet Holdings, Inc. management.

Industry Context

The exit of an institutional investor from a position in a data and analytics company like Dun & Bradstreet Holdings, Inc. might reflect a shift in investment strategy by the fund, or a specific view on the company's valuation or competitive landscape within the business information services sector.

Stakeholder Impact

• Shareholders: Existing shareholders might view the complete divestment by an institutional investor as a negative signal, potentially leading to downward pressure on the stock price or a re-evaluation of their own holdings.

Key Dates

Keywords

Dun & Bradstreet Holdings, DNB, Glazer Capital, Paul J. Glazer, Schedule 13G, beneficial ownership, divestment, institutional investor, SEC filing, common stock