SCHEDULE 13G/A: RiverNorth Capital Management Amends SEC Filing, Reports Zero Stake in YHN Acquisition I Ltd.

RiverNorth Capital Management, LLC has filed an amended Schedule 13G, indicating it no longer holds any beneficial ownership in YHN Acquisition I Ltd. as of December 31, 2024.

Summary

• RiverNorth Capital Management, LLC filed an Amendment No. 1 to Schedule 13G concerning its beneficial ownership of "Units" of YHN Acquisition I Ltd.
• As of December 31, 2024, RiverNorth Capital Management, LLC reports zero beneficial ownership in YHN Acquisition I Ltd., representing 0% of the class of securities.
• The filing indicates that RiverNorth Capital Management, LLC holds no sole or shared voting power, nor sole or shared dispositive power over these securities.
• The reporting person, an investment adviser, certified that the securities were acquired and 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 filing is a neutral regulatory disclosure indicating that RiverNorth Capital Management, LLC no longer holds a reportable beneficial ownership stake in YHN Acquisition I Ltd.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and 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.

Industry Context

This filing is a routine regulatory disclosure for institutional investors, specifically an amendment to a Schedule 13G. It indicates that RiverNorth Capital Management, LLC, an investment adviser, has reduced its beneficial ownership in YHN Acquisition I Ltd. to below the reporting threshold, or completely divested its stake, as of the reporting date. Such filings provide transparency on changes in significant institutional holdings within the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding changes in significant institutional ownership, specifically the divestment of a stake by RiverNorth Capital Management, LLC.

Key Dates

Keywords

Schedule 13G, YHN Acquisition I Ltd., RiverNorth Capital Management, Beneficial Ownership, SEC Filing, Units, Investment Adviser