SCHEDULE 13G/A: Talkot Capital and Affiliates Disclose 12.98% Stake in Maiden Holdings, Ltd.
Beneficial Ownership Report
Talkot Capital, LLC and its affiliated entities have filed an amended Schedule 13G, revealing a collective beneficial ownership of 12.98% of Maiden Holdings, Ltd.'s common stock as of December 31, 2024.
Summary
- Talkot Capital, LLC, along with Thomas B. Akin and other affiliated entities, collectively beneficially own 12,892,902 shares of Maiden Holdings, Ltd. Common Stock.
- This aggregate ownership represents 12.98% of the total 99,320,805 shares of Common Stock issued and outstanding as of November 4, 2024.
- Thomas B. Akin, as an individual, beneficially owns 7,187,977 shares, representing 7.2% of the class.
- Talkot Fund, LP beneficially owns 4,610,332 shares, accounting for 4.6% of the class.
- Talkot Partners V, LP holds 677,093 shares, or 0.7% of the class.
- Other affiliated entities and individuals, including James H. Akin Trust, Karen Hochster, Blair Spencer Akin, Willa Reyes, and Akin Family Foundation, hold smaller stakes contributing to the total beneficial ownership.
- Talkot Capital, LLC acts as an investment adviser to certain private pooled investment vehicles and has shared investment and voting power over the reported securities.
- The filing indicates that the securities were not acquired for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of significant beneficial ownership in a publicly traded company, common among institutional investors and large shareholders. It provides transparency regarding the ownership structure of Maiden Holdings, Ltd., an insurance holding company, and indicates a substantial, albeit passive, stake held by Talkot Capital and its affiliates.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional stake, which can influence market perception and potentially signal confidence or interest from a large investor group.
Key Dates
| Date | Description |
|---|---|
| 2024-11-04 | Date as of which 99,320,805 shares of Common Stock were reported as issued and outstanding in Form 10-Q. |
| 2024-12-31 | Date of event which requires filing of this statement (end of reporting period). |
| 2025-02-12 | Date of filing of this Schedule 13G Amendment No. 8. |
Keywords
Maiden Holdings Ltd, Talkot Capital LLC, Beneficial Ownership, Schedule 13G, Common Stock, SEC Filing, Institutional Investor, Shareholder Stake
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