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 ≈ $10.28.
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 28 |
| Q3 2025 | 14 |
Biggest buyers
| OMERS ADMINISTRATION Corp | New | +11.1k |
| TORONTO DOMINION BANK | Added | +5.5k |
| Parallax Volatility Advisers, L.P. | Added | +4.5k |
| HRT FINANCIAL LP | Added | +4.5k |
Biggest sellers
| AQR Arbitrage LLC | Sold out | -2.2m |
| MMCAP International Inc. SPC | Sold out | -2.2m |
| PICTON MAHONEY ASSET MANAGEMENT | Reduced | -1,000.0k |
| Wealthspring Capital LLC | Sold out | -775.1k |
| Mint Tower Capital Management B.V. | Sold out | -500.0k |
| HGC Investment Management Inc. | Sold out | -450.0k |
| Schonfeld Strategic Advisors LLC | Sold out | -428.6k |
| JPMORGAN CHASE & CO | Sold out | -350.0k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Sold out | -350.0k |
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -300.0k |
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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Westchester Capital Management, LLC 0.68% of their portfolio | 1.3m $13.1m | Reduced -1.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 503.5k $5.2m | Reduced -170.0k |
| CANTOR FITZGERALD, L. P. 0.05% of their portfolio | 261.0k $2.7m | Reduced -10.4k |
| HRT FINANCIAL LP 0.01% of their portfolio | 175.7k $1.8m | Added +4.5k |
| Clear Street Group Inc. 0.01% of their portfolio | 112.8k $1.2m | First filing |
| Parallax Volatility Advisers, L.P. 0.01% of their portfolio | 39.5k $405.4k | Added +4.5k |
| PenderFund Capital Management Ltd. 0.03% of their portfolio | 14.7k $151.1k | Unchanged |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 11.1k $113.7k | New |
| UBS Group AG 0.00% of their portfolio | 7.1k $72.4k | Reduced -10.5k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 5.5k $56.7k | Added +5.5k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio | 486 $5.0k | Unchanged |
| Magnetar Financial LLC 0.00% of their portfolio | 10 $103 | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 1 $10 | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 1 $0 | Reduced -1,000.0k |