SCHEDULE: Linden Entities Update 6.7% Stake in Jena Acquisition II
Amendment to Beneficial Ownership Statement
Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong filed an amended Schedule 13G/A, disclosing their beneficial ownership in Jena Acquisition Corporation II.
Summary
- Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Class A ordinary shares of Jena Acquisition Corporation II.
- As of September 30, 2025, Linden Advisors LP and Siu Min Wong beneficially own 1,550,000 shares, representing approximately 6.7% of the class outstanding.
- This ownership includes 1,479,234 shares held by Linden Capital and 70,766 shares held by separately managed accounts.
- Linden Capital L.P. and Linden GP LLC beneficially own 1,479,234 shares, representing approximately 6.4% of the class outstanding.
- The shares were not acquired for the purpose of changing or influencing control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely related to a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative financial or operational news.
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding the issuer's future operations or financial performance.
Management Comments
- The securities referred to were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
This filing is a routine disclosure of beneficial ownership and does not provide broader industry context or analysis of industry trends.
Related Party Transactions
- Linden GP LLC is the general partner of Linden Capital L.P.
- Linden Advisors LP is the investment manager of Linden Capital L.P. and serves as trading or investment advisor for separately managed accounts.
- Siu Min Wong is the principal owner and controlling person of Linden Advisors LP and Linden GP LLC.
- These entities and individual are related parties acting as a group for beneficial ownership purposes.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes by institutional investors and their affiliates, confirming that the shares are not held for control-influencing purposes.
Key Dates
| Date | Description |
|---|---|
| June 10, 2019 | Siu Min Wong's Power of Attorney dated. |
| June 19, 2019 | Original Schedule 13G filed by Linden Capital L.P. regarding Haymaker Acquisition Corp II, referenced for Siu Min Wong's Power of Attorney. |
| July 24, 2025 | Date used for calculating the percent of class outstanding. |
| September 30, 2025 | Date of event requiring the filing of this statement (beneficial ownership snapshot). |
| November 11, 2025 | Date of the Joint Filing Agreement and the Schedule 13G/A filing. |
Keywords
Jena Acquisition Corporation II, Linden Capital L.P., Linden GP LLC, Linden Advisors LP, Siu Min Wong, Schedule 13G/A, beneficial ownership, Class A ordinary shares, investment manager, SEC filing
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