SCHEDULE 13G: Magnetar Entities Disclose 5.98% Passive Stake in NewHold Investment Corp. III
Schedule 13G Filing
Magnetar Financial LLC and its affiliated entities have disclosed a passive beneficial ownership of 5.98% in NewHold Investment Corp. III, totaling 1,250,000 shares of common stock.
Summary
- Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman collectively reported beneficial ownership of 1,250,000 shares of Common Stock in NewHold Investment Corp. III.
- This ownership represents approximately 5.98% of the total outstanding shares of NewHold Investment Corp. III, based on 20,905,100 shares outstanding as of March 3, 2025.
- The shares are held across several Magnetar Funds, including Magnetar Constellation Master Fund, Ltd (275,000 shares), Magnetar Lake Credit Fund LLC (250,000 shares), Magnetar Structured Credit Fund, LP (212,500 shares), Magnetar Xing He Master Fund Ltd (212,500 shares), Magnetar Alpha Star Fund LLC (137,500 shares), Magnetar SC Fund Ltd (100,000 shares), Purpose Alternative Credit Fund T LLC (25,000 shares), and Magnetar Waterfront Series A LLC (37,500 shares).
- The reporting persons have shared voting and dispositive power over all 1,250,000 shares, with no sole voting or dispositive power.
- The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing (Schedule 13G) disclosing beneficial ownership. It contains no subjective language, forward-looking statements, or performance data that would indicate a positive or negative sentiment. It is neutral.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of a significant passive ownership stake by an investment firm in a publicly traded company. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional investor's stake can provide transparency regarding the ownership structure and potentially signal confidence in the company, although this filing indicates a passive investment.
Key Dates
| Date | Description |
|---|---|
| 2022-12-22 | Date of Limited Power of Attorney granted by David J. Snyderman to Michael Turro, Karl Wachter, and Hayley Stein for SEC filings. |
| 2025-03-03 | Date as of which NewHold Investment Corp. III reported approximately 20,905,100 shares outstanding in its Form 8-K filed on March 17, 2025. |
| 2025-03-17 | Date NewHold Investment Corp. III filed its Form 8-K with the SEC, providing information on outstanding shares. |
| 2025-03-31 | Date of event which required the filing of this Schedule 13G statement (reporting period end date). |
| 2025-05-09 | Date the Joint Filing Agreement was signed and the Schedule 13G was filed with the SEC. |
Keywords
NewHold Investment Corp. III, Magnetar Financial LLC, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Passive Investment, G6486E128
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