SCHEDULE 13G: Linden Capital Group Discloses Significant Stake in Wintergreen Acquisition Corp.
Beneficial Ownership Report
A group of investment entities and individuals, including Linden Capital L.P. and Siu Min Wong, have disclosed beneficial ownership of up to 7.6% of Wintergreen Acquisition Corp.'s Ordinary Shares.
Summary
- Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong (collectively, the "Reporting Persons") have filed a Schedule 13G disclosing their beneficial ownership in Wintergreen Acquisition Corp.
- Linden Capital L.P. and Linden GP LLC beneficially own 379,453 Ordinary Shares, representing 7.2% of the class.
- Linden Advisors LP and Siu Min Wong beneficially own 400,000 Ordinary Shares, representing 7.6% of the class.
- The 400,000 shares held by Linden Advisors LP and Siu Min Wong include the 379,453 shares held by Linden Capital and an additional 20,547 shares held in separately managed accounts.
- The percentages are based on 5,244,500 Ordinary Shares outstanding as disclosed by Wintergreen Acquisition Corp. in its Form 8-K filed on May 29, 2025.
- The Reporting Persons certify that the shares were not acquired or held for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership. It is neutral in tone and does not convey positive or negative sentiment regarding the company's performance or prospects.
Positives
- Significant beneficial ownership by institutional investors (Linden Capital Group) indicates confidence in Wintergreen Acquisition Corp.
- The filing explicitly states that the shares were not acquired for the purpose of changing or influencing control, suggesting a passive investment stance.
Negatives
- The filing is a standard regulatory disclosure and does not provide specific strategic insights or future plans from the Reporting Persons regarding their investment.
Risks
- The document itself does not introduce new risks beyond the general risks associated with holding shares in a publicly traded company.
- The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Future Outlook
The Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future operations or financial performance.
Management Comments
- The Reporting Persons certified that the securities 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 indicates a significant passive investment by a group of investment entities in a Special Purpose Acquisition Company (SPAC). Such investments are common in the SPAC market, where institutional investors take positions in anticipation of a future business combination. The filing itself does not provide specific insights into broader industry trends beyond this general observation.
Comparison to Industry Standards
- As a Schedule 13G filing, this document primarily serves as a regulatory disclosure of beneficial ownership. It does not contain performance metrics or operational results that would allow for a direct comparison to industry standards or specific comparable companies/projects.
- The ownership percentages (7.2% and 7.6%) represent significant stakes for an institutional investor in a public company, aligning with typical institutional investment patterns in SPACs.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake may be viewed positively by other shareholders, indicating investor confidence.
- Management: Awareness of a significant passive investor group holding a notable percentage of outstanding shares.
Next Steps
- The document does not explicitly mention future actions or milestones for Wintergreen Acquisition Corp. or the Reporting Persons beyond the regulatory filing itself.
Key Dates
| Date | Description |
|---|---|
| June 10, 2019 | Date of Siu Min Wong's Power of Attorney. |
| June 19, 2019 | Date of previous Schedule 13G filing by Linden Capital L.P. regarding its holdings in Haymaker Acquisition Corp II. |
| May 20, 2025 | Date of Joint Filing Agreement for the current Schedule 13G. |
| May 29, 2025 | Date of event requiring the filing of this statement and the date of Wintergreen Acquisition Corp.'s Form 8-K filing disclosing shares outstanding. |
| June 04, 2025 | Signature date for the current Schedule 13G filing. |
Keywords
Wintergreen Acquisition Corp., Linden Capital L.P., Linden GP LLC, Linden Advisors LP, Siu Min Wong, Schedule 13G, beneficial ownership, Ordinary Shares, SEC filing, institutional investment, SPAC
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