SCHEDULE 13G/A: Hudson Bay Capital Amends SEC Filing to Correct Omitted Beneficial Ownership Details in GSR III Acquisition Corp.

Sentiment:

Beneficial Ownership Amendment


Hudson Bay Capital Management LP and Sander Gerber have filed an amended Schedule 13G to correct an administrative oversight regarding their 6.40% beneficial ownership in GSR III Acquisition Corp.

Summary

  • Hudson Bay Capital Management LP and Sander Gerber, collectively referred to as 'Reporting Persons,' filed an Amendment No. 1 to their Schedule 13G.
  • The amendment corrects and restates the original Schedule 13G filed on February 10, 2025, which inadvertently omitted a cover page for Mr. Sander Gerber.
  • The filing confirms beneficial ownership of 1,500,000 Class A Ordinary Shares of GSR III Acquisition Corp. (Issuer: GSR III Acquisition Corp., CUSIP: G4R103107).
  • This ownership represents 6.40% of the Class A Ordinary Shares outstanding.
  • The percentage is calculated based on an aggregate of 23,422,500 Class A Ordinary Shares outstanding as of December 23, 2024, as reported in the Company's Form 10-Q.
  • Hudson Bay Capital Management LP serves as the investment manager to HB Strategies LLC, which holds the securities.
  • Mr. Gerber is the managing member of Hudson Bay Capital GP LLC, the general partner of the Investment Manager, and disclaims beneficial ownership of these securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing disclosing beneficial ownership and correcting a prior administrative omission, with no inherent positive or negative operational or financial implications for the issuer.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of beneficial ownership, common in the financial industry for investment managers and significant shareholders to report their holdings in public companies. It does not provide insights into broader industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders: Provides updated, accurate information regarding significant beneficial ownership, confirming the previously reported stake.

Key Dates

DateDescription
12/23/2024Date as of which 23,422,500 Class A Ordinary Shares of GSR III Acquisition Corp. were reported outstanding in the Company's Form 10-Q.
12/31/2024Date of event which required the filing of this statement.
02/10/2025Date the Original Schedule 13G was filed and this Amendment No. 1 was signed.

Keywords

SEC filing, Schedule 13G, beneficial ownership, GSR III Acquisition Corp., Hudson Bay Capital Management LP, Sander Gerber, Class A Ordinary Shares, amendment

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