SCHEDULE: Mink Brook Entities Disclose 10% Stake in Hudson Global
Beneficial Ownership Disclosure
Mink Brook Partners LP, Mink Brook Opportunity Fund LP, Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC collectively reported beneficial ownership of 9.96% of Hudson Global, Inc.'s common stock as of June 30, 2025.
Summary
- Mink Brook Partners LP and Mink Brook Opportunity Fund LP collectively hold an aggregate of 274,496 shares of Hudson Global, Inc. common stock as of June 30, 2025.
- Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC each beneficially own 274,496 shares, representing 9.96% of the common stock.
- This percentage is calculated based on 2,755,735 shares outstanding as of July 14, 2025, as disclosed in Hudson Global's recent Merger Proposal proxy vote.
- Mink Brook Partners LP and Mink Brook Opportunity Fund LP individually hold approximately 4.98% of the class each.
- The reporting persons disclaim beneficial ownership for purposes of changing or influencing control of the issuer, except to the extent of their pecuniary interests.
- Mink Brook acquired shares of Hudson Global, Inc. after obtaining written permission from the company on November 20, 2023, to cross the 5% ownership threshold, subject to certain conditions.
Sentiment
Score: 5
Explanation: The filing is a standard disclosure of beneficial ownership, indicating a significant stake by Mink Brook entities in Hudson Global, Inc. It does not contain information that would inherently sway sentiment positively or negatively regarding the issuer's performance or prospects.
Positives
- Increased institutional ownership by Mink Brook entities, potentially signaling confidence in Hudson Global.
- Mink Brook obtained prior written permission from Hudson Global to exceed the 5% ownership threshold, indicating a cooperative relationship.
Stakeholder Impact
- Shareholders: Increased institutional ownership may be viewed positively, potentially indicating investor confidence or a more active shareholder base.
Key Dates
| Date | Description |
|---|---|
| 2023-11-20 | Date Mink Brook obtained written permission from Hudson Global, Inc. to cross the 5% ownership threshold. |
| 2025-06-30 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 2025-07-14 | Date shares outstanding (2,755,735) were disclosed in Hudson Global's Merger Proposal proxy vote. |
| 2025-07-29 | Date the Schedule 13G Amendment No. 2 was signed. |
Keywords
Hudson Global Inc., Mink Brook Partners, Mink Brook Opportunity Fund, Mink Brook Capital, William Mueller, Mink Brook Asset Management, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Ownership, SEC Filing
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