NEW PROVIDENCE ACQUISITION C NPACU
UNIT 99/99/9999 · Unit · CUSIP G6476A128
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersPalm Beach, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.46.
Biggest buyers
| MMCAP International Inc. SPC | New | +2.2m |
| AQR Arbitrage LLC | New | +2.2m |
| Westchester Capital Management, LLC | New | +1.3m |
| PICTON MAHONEY ASSET MANAGEMENT | New | +1.0m |
| Wealthspring Capital LLC | New | +775.1k |
| MILLENNIUM MANAGEMENT LLC | New | +673.5k |
| Mint Tower Capital Management B.V. | New | +500.0k |
| HGC Investment Management Inc. | New | +450.0k |
| Schonfeld Strategic Advisors LLC | New | +428.6k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | New | +350.0k |
Biggest sellers
| None |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| TENOR CAPITAL MANAGEMENT Co., L.P. 13G · passive investor new · filed 2025-05-01 | 5.6% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $6.1m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-04-25 | Smith Gary P. +2 Co-CEO, director | Bought | $6.1m611.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| AQR Arbitrage LLC 0.54% of their portfolio | 2.2m $23.0m | New |
| MMCAP International Inc. SPC 2.77% of their portfolio | 2.2m $23.0m | New |
| Westchester Capital Management, LLC 0.78% of their portfolio | 1.3m $13.4m | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.15% of their portfolio | 1.0m $10.5m | New |
| Wealthspring Capital LLC 2.14% of their portfolio | 775.1k $8.1m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 673.5k $7.0m | New |
| Mint Tower Capital Management B.V. 0.79% of their portfolio | 500.0k $5.2m | New |
| HGC Investment Management Inc. 1.31% of their portfolio | 450.0k $4.7m | New |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 428.6k $4.5m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 350.0k $3.7m | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 350.0k $3.7m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio | 300.0k $3.1m | New |
| CANTOR FITZGERALD, L. P. 0.07% of their portfolio | 271.4k $2.8m | New |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 218.0k $2.3m | New |
| DLD Asset Management, LP 0.25% of their portfolio | 200.0k $2.1m | New |
| Centiva Capital, LP 0.14% of their portfolio | 200.0k $2.1m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 171.2k $1.8m | New |
| WEXFORD CAPITAL LP 0.29% of their portfolio | 100.0k $1.0m | New |
| CLEAR STREET LLC 0.00% of their portfolio | 55.5k $580.8k | New |
| Parallax Volatility Advisers, L.P. 0.01% of their portfolio | 35.0k $366.1k | New |
| UBS Group AG 0.00% of their portfolio | 17.6k $183.6k | New |
| PenderFund Capital Management Ltd. 0.04% of their portfolio | 14.7k $153.6k | New |
| Radcliffe Capital Management, L.P. 0.01% of their portfolio | 14.4k $150.8k | New |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio | 486 $5.1k | New |
| Magnetar Financial LLC 0.00% of their portfolio | 10 $105 | New |
| TORONTO DOMINION BANK 0.00% of their portfolio | 1 $10 | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 1 $10 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | New |