Hudson Bay Capital Management LP and Sander Gerber filed a beneficial ownership statement with the SEC on November 9, 2026, disclosing a combined 7.37% interest in Newbridge Acquisition Ltd's Class A Ordinary Shares as of September 30, 2026.

Key Highlights

  • Reporting persons: Hudson Bay Capital Management LP (Delaware limited partnership, investment adviser) and Sander Gerber, a United States citizen, filed jointly.
  • Shares reported: Each reporting person disclosed beneficial ownership of 450,000 Class A Ordinary Shares, no par value, of Newbridge Acquisition Ltd.
  • Ownership percentage: The 450,000 shares represent 7.37% of the class, calculated against 6,108,750 Class A Ordinary Shares outstanding as of August 7, 2026.
  • Voting and dispositive power: Both reporting persons reported 0 sole voting power and 0 sole dispositive power, with 450,000 shared voting power and 450,000 shared dispositive power each.
  • Beneficial owner of record: The shares are held in the name of HB Strategies LLC, with Hudson Bay Capital Management LP serving as its investment manager.
  • Gerber's role: Sander Gerber serves as managing member of Hudson Bay Capital GP LLC, the general partner of the investment manager; the filing states he disclaims beneficial ownership of these securities.
  • Triggering event date: September 30, 2026, is stated as the date of the event requiring this filing.

Hudson Bay Capital and Gerber Disclose Position in Newbridge Acquisition Ltd

According to the filing, Hudson Bay Capital Management LP and Sander Gerber jointly reported beneficial ownership of 450,000 Class A Ordinary Shares, no par value, in Newbridge Acquisition Ltd, a company whose principal executive offices are located at Unit B 17/F, Success Commercial Building, 245-25, Hennessy Road, Wanchai, Hong Kong. The Class A Ordinary Shares carry CUSIP number G6464L102. The outstanding share count of 6,108,750 used to calculate the 7.37% ownership figure was sourced, as the filing states, from the company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the SEC on August 7, 2026.

The filing identifies Hudson Bay Capital Management LP as an investment adviser and limited partnership organized in Delaware, with its business office at 290 Harbor Dr., Stamford, CT 06902. Hudson Bay Capital Management LP acts as investment manager to HB Strategies LLC, the entity in whose name the reported shares are actually held. As a result, the investment manager is described as being deemed the beneficial owner of the shares held by HB Strategies LLC. Sander Gerber, whose business address is the same Stamford, Connecticut location, is identified as managing member of Hudson Bay Capital GP LLC, which serves as the general partner of Hudson Bay Capital Management LP.

The filing certifies, as required under applicable rules, 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." A joint filing agreement among the reporting persons was filed as Exhibit 99.1. Both Hudson Bay Capital Management LP and Sander Gerber signed the statement on November 9, 2026.

What Was Disclosed

The filing disclosed that Hudson Bay Capital Management LP and Sander Gerber together beneficially own 450,000 Class A Ordinary Shares of Newbridge Acquisition Ltd, equating to 7.37% of the class, with all voting and dispositive power held on a shared basis and none on a sole basis.