Adage Capital Management, L.P., along with managing members Robert Atchinson and Phillip Gross, filed a Schedule 13G with the SEC on November 12, 2026, disclosing a beneficial ownership position in Freedom Metals Acquisition Corp. as of September 30, 2026.

Key Highlights

  • Reporting persons: Adage Capital Management, L.P. (ACM), Robert Atchinson, and Phillip Gross each reported beneficial ownership of 2,475,000 Class A Ordinary Shares of Freedom Metals Acquisition Corp.
  • Ownership percentage: The 2,475,000 shares represent 8.74% of the class, calculated against 28,325,000 Class A Ordinary Shares outstanding as of August 21, 2026.
  • Voting and dispositive power: All three reporting persons reported 0 shares with sole voting or sole dispositive power, and 2,475,000 shares each with shared voting and shared dispositive power.
  • Triggering event date: The date of the event requiring the filing was September 30, 2026.
  • Direct holder: According to the filing, the Class A Ordinary Shares are directly held by Adage Capital Partners, L.P. (ACP), with ACM acting as investment manager.
  • Security class: Class A Ordinary Shares, par value $0.0001 per share, CUSIP G25507107, issued by Freedom Metals Acquisition Corp., a Cayman Islands exempted company.

Adage Capital's Disclosed Position in Freedom Metals Acquisition Corp.

According to the Schedule 13G filing, Adage Capital Management, L.P., a Delaware limited partnership, serves as the investment manager of Adage Capital Partners, L.P., the entity that directly holds the 2,475,000 Class A Ordinary Shares of Freedom Metals Acquisition Corp. The filing identifies Freedom Metals Acquisition Corp.'s principal executive offices as located at 3250 NE 1st Ave, Suite 305, Miami, FL 33137.

The filing names two additional reporting persons: Robert Atchinson and Phillip Gross, both United States citizens. The filing describes Atchinson and Gross as managing members of Adage Capital Advisors, L.L.C. and Adage Capital Partners GP, L.L.C., the general partner of ACP, as well as managing members of Adage Capital Partners, L.L.C., the general partner of ACM. Because of this layered structure, all three reporting persons report identical shared voting and dispositive power over the same 2,475,000 shares, with no sole power reported by any of them.

The 8.74% ownership percentage cited in the filing is based on 28,325,000 Class A Ordinary Shares outstanding as of August 21, 2026, as reported in the company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026. The filing includes the standard certification that the securities "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."

What Was Disclosed

Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross filed a Schedule 13G reporting shared beneficial ownership of 2,475,000 Class A Ordinary Shares, or 8.74%, of Freedom Metals Acquisition Corp., triggered by an event dated September 30, 2026.