[SCHEDULE 13G/A] PowerBank Corporation SEC Filing
Highbridge Capital Management, LLC disclosed a 6.3% economic stake in PowerBank Corp represented by 2,394,367 common shares issuable upon exercise of warrants. The filing states the percentage is calculated using 35,349,427 common shares outstanding as of June 6, 2025, and assumes exercise of the warrants held by Highbridge funds. The Reporting Person is an investment adviser organized in Delaware and filed this Schedule 13G/A to report its holdings on behalf of certain Highbridge funds.
The submission identifies Highbridge Tactical Credit Master Fund, L.P. as a Highbridge Fund that has the right to receive dividends or sale proceeds for more than 5% of the class. The filing affirms the securities were acquired in the ordinary course of business and not to influence control of the issuer.
Highbridge Capital Management, LLC ha comunicato una partecipazione economica del 6,3% in PowerBank Corp, rappresentata da 2.394.367 azioni ordinarie emesse in seguito all'esercizio di warrant. La dichiarazione indica che la percentuale 猫 calcolata su 35.349.427 azioni ordinarie in circolazione al 6 giugno 2025 e presuppone l'esercizio dei warrant detenuti dai fondi Highbridge. La Reporting Person 猫 un consulente d'investimento costituito nel Delaware e ha presentato questo Schedule 13G/A per rendicontare le proprie partecipazioni per conto di alcuni fondi Highbridge.
La comunicazione identifica Highbridge Tactical Credit Master Fund, L.P. come un fondo Highbridge che ha il diritto di ricevere dividendi o proventi di vendita per oltre il 5% della classe. La dichiarazione conferma che i titoli sono stati acquisiti nell'ambito ordinario dell'attivit脿 e non con l'intento di influenzare il controllo dell'emittente.
Highbridge Capital Management, LLC revel贸 una participaci贸n econ贸mica del 6,3% en PowerBank Corp, representada por 2.394.367 acciones ordinarias susceptibles de emisi贸n tras el ejercicio de warrants. La presentaci贸n indica que el porcentaje se calcula sobre 35.349.427 acciones ordinarias en circulaci贸n a fecha 6 de junio de 2025 y asume el ejercicio de los warrants en poder de los fondos Highbridge. La Reporting Person es un asesor de inversiones constituido en Delaware y present贸 este Schedule 13G/A para informar de sus tenencias en nombre de ciertos fondos Highbridge.
La presentaci贸n identifica a Highbridge Tactical Credit Master Fund, L.P. como un fondo Highbridge que tiene derecho a recibir dividendos o ingresos por venta superiores al 5% de la clase. El documento afirma que los valores se adquirieron en el curso ordinario del negocio y no con el prop贸sito de influir en el control del emisor.
Highbridge Capital Management, LLC電� 鞗岆煱韸� 頄夓偓鞐� 霐半澕 氚滍枆霅� 2,394,367欤� 氤错喌欤茧 響滌嫓霅� PowerBank Corp鞐� 雽�頃� 6.3%鞚� 瓴届牅鞝� 歆�攵勳潉 瓿奠嫓頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 鞚� 牍勳湪鞚� 2025雲� 6鞗� 6鞚� 旮办 鞙犿喌 欤检嫕靾� 35,349,427欤茧ゼ 旮办鞙茧 瓿勳偘霅橃棃鞙茧┌ Highbridge 韼�霌滉皜 氤挫湢頃� 鞗岆煱韸胳潣 頄夓偓毳� 鞝勳牅搿� 頃滊嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃鞚胳潃 雿鸽澕鞗柎鞐� 靹る霅� 韴瀽 鞛愲靷澊氅� 鞚茧秬 Highbridge 韼�霌滊ゼ 雽�鞁犿暣 氤挫湢 雮挫棴鞚� 氤搓碃頃橁赴 鞙勴暣 鞚� Schedule 13G/A毳� 鞝滌稖頄堨姷雼堧嫟.
鞝滌稖靹滊電� Highbridge Tactical Credit Master Fund, L.P.毳� 頃措嫻 霌标笁鞚� 5%毳� 齑堦臣頃橂姅 氚半嫻旮� 霕愲姅 毵り皝雽�旮堨潉 靾橂牴頃� 甓岆Μ臧� 鞛堧姅 Highbridge 韼�霌滊 鞁濍硠頃╇媹雼�. 鞁犼碃靹滊姅 頃措嫻 歃濌秾霌れ澊 靷梾鞚� 韱奠儊鞝� 氩旍渼 雮挫棎靹� 旆摑霅橃棃鞙茧┌ 氚滍枆靷潣 歆�氚半牓鞐� 鞓來枼鞚� 氙胳箻霠る姅 氇╈爜鞚� 鞎勲嫎鞚� 頇曥澑頃╇媹雼�.
Highbridge Capital Management, LLC a d茅clar茅 une participation 茅conomique de 6,3 % dans PowerBank Corp, repr茅sent茅e par 2 394 367 actions ordinaires susceptibles d'锚tre 茅mises 脿 l'exercice de warrants. le d茅p么t indique que le pourcentage est calcul茅 sur 35 349 427 actions ordinaires en circulation au 6 juin 2025 et suppose l'exercice des warrants d茅tenus par les fonds Highbridge. La Reporting Person est un conseiller en investissement organis茅 dans le Delaware et a d茅pos茅 ce Schedule 13G/A pour d茅clarer ses avoirs au nom de certains fonds Highbridge.
La soumission identifie Highbridge Tactical Credit Master Fund, L.P. comme un fonds Highbridge ayant le droit de recevoir des dividendes ou des produits de vente repr茅sentant plus de 5 % de la cat茅gorie. Le d茅p么t affirme que les titres ont 茅t茅 acquis dans le cours normal de l'activit茅 et non dans le but d'influencer le contr么le de l'茅metteur.
Highbridge Capital Management, LLC gab eine wirtschaftliche Beteiligung von 6,3% an PowerBank Corp bekannt, dargestellt durch 2.394.367 Stammaktien, die bei Aus眉bung von Warrants ausgegeben werden. Die Einreichung gibt an, dass der Prozentsatz auf 35.349.427 im Umlauf befindlichen Stammaktien zum 6. Juni 2025 berechnet wird und die Aus眉bung der von Highbridge-Fonds gehaltenen Warrants unterstellt. Die meldende Person ist ein in Delaware gegr眉ndeter Anlageberater und hat dieses Schedule 13G/A eingereicht, um ihre Best盲nde im Namen bestimmter Highbridge-Fonds zu melden.
Die Einreichung nennt den Highbridge Tactical Credit Master Fund, L.P. als einen Highbridge-Fonds, der das Recht hat, Dividenden oder Verkaufserl枚se f眉r mehr als 5% der Klasse zu erhalten. Die Meldung best盲tigt, dass die Wertpapiere im normalen Gesch盲ftsverlauf erworben wurden und nicht zur Beeinflussung der Kontrolle des Emittenten bestimmt sind.
- Clear disclosure of 2,394,367 common shares issuable on exercise of warrants representing 6.3% of the class
- Identifies fund-level holder: Highbridge Tactical Credit Master Fund, L.P. has rights to dividends/proceeds for >5% of the class
- Compliance with passive Schedule 13G/A requirements and certification that holdings are in the ordinary course of business
- None.
Insights
TL;DR: Highbridge holds a meaningful 6.3% economic position via warrant-backed common shares, reported as held in the ordinary course.
The Schedule 13G/A clarifies that 2,394,367 common shares are issuable upon exercise of warrants held by Highbridge funds, representing 6.3% of the 35,349,427-share base used for calculation. This is a disclosure of ownership rather than an active change-of-control filing, consistent with filing under passive investor rules. The identification of Highbridge Tactical Credit Master Fund, L.P. as holding more than 5% of the class identifies the primary fund-level exposure driving the percentage. For investors, this filing provides transparent ownership linkage between the adviser and underlying funds but contains no operational or financial performance information.
TL;DR: Filing complies with passive investor disclosure requirements and highlights a >5% fund-level interest through warrant exercise.
The reporting explicitly states the position arises from warrants rather than currently outstanding common shares and that the securities are held in the ordinary course of business, which aligns with Schedule 13G treatment. The filing names the Reporting Person, its Delaware organization, business address, and certifies non-control intent. It also identifies the specific Highbridge fund with rights to dividends or proceeds exceeding 5% of the class, satisfying Item 6 disclosure norms. There are no governance actions, group affiliations, or contested control statements in this filing.
Highbridge Capital Management, LLC ha comunicato una partecipazione economica del 6,3% in PowerBank Corp, rappresentata da 2.394.367 azioni ordinarie emesse in seguito all'esercizio di warrant. La dichiarazione indica che la percentuale 猫 calcolata su 35.349.427 azioni ordinarie in circolazione al 6 giugno 2025 e presuppone l'esercizio dei warrant detenuti dai fondi Highbridge. La Reporting Person 猫 un consulente d'investimento costituito nel Delaware e ha presentato questo Schedule 13G/A per rendicontare le proprie partecipazioni per conto di alcuni fondi Highbridge.
La comunicazione identifica Highbridge Tactical Credit Master Fund, L.P. come un fondo Highbridge che ha il diritto di ricevere dividendi o proventi di vendita per oltre il 5% della classe. La dichiarazione conferma che i titoli sono stati acquisiti nell'ambito ordinario dell'attivit脿 e non con l'intento di influenzare il controllo dell'emittente.
Highbridge Capital Management, LLC revel贸 una participaci贸n econ贸mica del 6,3% en PowerBank Corp, representada por 2.394.367 acciones ordinarias susceptibles de emisi贸n tras el ejercicio de warrants. La presentaci贸n indica que el porcentaje se calcula sobre 35.349.427 acciones ordinarias en circulaci贸n a fecha 6 de junio de 2025 y asume el ejercicio de los warrants en poder de los fondos Highbridge. La Reporting Person es un asesor de inversiones constituido en Delaware y present贸 este Schedule 13G/A para informar de sus tenencias en nombre de ciertos fondos Highbridge.
La presentaci贸n identifica a Highbridge Tactical Credit Master Fund, L.P. como un fondo Highbridge que tiene derecho a recibir dividendos o ingresos por venta superiores al 5% de la clase. El documento afirma que los valores se adquirieron en el curso ordinario del negocio y no con el prop贸sito de influir en el control del emisor.
Highbridge Capital Management, LLC電� 鞗岆煱韸� 頄夓偓鞐� 霐半澕 氚滍枆霅� 2,394,367欤� 氤错喌欤茧 響滌嫓霅� PowerBank Corp鞐� 雽�頃� 6.3%鞚� 瓴届牅鞝� 歆�攵勳潉 瓿奠嫓頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 鞚� 牍勳湪鞚� 2025雲� 6鞗� 6鞚� 旮办 鞙犿喌 欤检嫕靾� 35,349,427欤茧ゼ 旮办鞙茧 瓿勳偘霅橃棃鞙茧┌ Highbridge 韼�霌滉皜 氤挫湢頃� 鞗岆煱韸胳潣 頄夓偓毳� 鞝勳牅搿� 頃滊嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃鞚胳潃 雿鸽澕鞗柎鞐� 靹る霅� 韴瀽 鞛愲靷澊氅� 鞚茧秬 Highbridge 韼�霌滊ゼ 雽�鞁犿暣 氤挫湢 雮挫棴鞚� 氤搓碃頃橁赴 鞙勴暣 鞚� Schedule 13G/A毳� 鞝滌稖頄堨姷雼堧嫟.
鞝滌稖靹滊電� Highbridge Tactical Credit Master Fund, L.P.毳� 頃措嫻 霌标笁鞚� 5%毳� 齑堦臣頃橂姅 氚半嫻旮� 霕愲姅 毵り皝雽�旮堨潉 靾橂牴頃� 甓岆Μ臧� 鞛堧姅 Highbridge 韼�霌滊 鞁濍硠頃╇媹雼�. 鞁犼碃靹滊姅 頃措嫻 歃濌秾霌れ澊 靷梾鞚� 韱奠儊鞝� 氩旍渼 雮挫棎靹� 旆摑霅橃棃鞙茧┌ 氚滍枆靷潣 歆�氚半牓鞐� 鞓來枼鞚� 氙胳箻霠る姅 氇╈爜鞚� 鞎勲嫎鞚� 頇曥澑頃╇媹雼�.
Highbridge Capital Management, LLC a d茅clar茅 une participation 茅conomique de 6,3 % dans PowerBank Corp, repr茅sent茅e par 2 394 367 actions ordinaires susceptibles d'锚tre 茅mises 脿 l'exercice de warrants. le d茅p么t indique que le pourcentage est calcul茅 sur 35 349 427 actions ordinaires en circulation au 6 juin 2025 et suppose l'exercice des warrants d茅tenus par les fonds Highbridge. La Reporting Person est un conseiller en investissement organis茅 dans le Delaware et a d茅pos茅 ce Schedule 13G/A pour d茅clarer ses avoirs au nom de certains fonds Highbridge.
La soumission identifie Highbridge Tactical Credit Master Fund, L.P. comme un fonds Highbridge ayant le droit de recevoir des dividendes ou des produits de vente repr茅sentant plus de 5 % de la cat茅gorie. Le d茅p么t affirme que les titres ont 茅t茅 acquis dans le cours normal de l'activit茅 et non dans le but d'influencer le contr么le de l'茅metteur.
Highbridge Capital Management, LLC gab eine wirtschaftliche Beteiligung von 6,3% an PowerBank Corp bekannt, dargestellt durch 2.394.367 Stammaktien, die bei Aus眉bung von Warrants ausgegeben werden. Die Einreichung gibt an, dass der Prozentsatz auf 35.349.427 im Umlauf befindlichen Stammaktien zum 6. Juni 2025 berechnet wird und die Aus眉bung der von Highbridge-Fonds gehaltenen Warrants unterstellt. Die meldende Person ist ein in Delaware gegr眉ndeter Anlageberater und hat dieses Schedule 13G/A eingereicht, um ihre Best盲nde im Namen bestimmter Highbridge-Fonds zu melden.
Die Einreichung nennt den Highbridge Tactical Credit Master Fund, L.P. als einen Highbridge-Fonds, der das Recht hat, Dividenden oder Verkaufserl枚se f眉r mehr als 5% der Klasse zu erhalten. Die Meldung best盲tigt, dass die Wertpapiere im normalen Gesch盲ftsverlauf erworben wurden und nicht zur Beeinflussung der Kontrolle des Emittenten bestimmt sind.
FAQ
How many PowerBank Corp shares does Highbridge report owning (SUUN)?
What share count and date were used to calculate the 6.3% ownership?
Which Highbridge fund is identified as holding more than 5% of PowerBank shares?
Did Highbridge state its intent to influence control of PowerBank Corp?
Under what filing rule was this Schedule submitted?
