Bankruptcy: HIGHBRIDGE CAPITAL MANAGEMENT LLC

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Form Type: SCHEDULE 13D/A

Filing Date: 2025-01-23

Corporate Action: Bankruptcy

Type: Update

Accession Number: 000090266425000422

Filing Summary: This document is an Amendment No. 1 to Schedule 13D, which provides updates regarding Highbridge Capital Management, LLC's holdings in Vertex Energy Inc. The document states that Vertex Energy filed for Chapter 11 bankruptcy on September 24, 2024, and a Chapter 11 plan was confirmed by the Bankruptcy Court on December 20, 2024. The confirmed plan became effective on January 21, 2025. As per the plan, all shares of Common Stock and warrants were deemed cancelled, leading to the issuance of new common equity interests to holders of Allowed DIP Claims and Allowed Term Loan Claims. The new common stock is not registered under Section 12 and therefore not subject to reporting under Section 13(d) or (g). The document also mentions that no transactions were made in the shares of Common Stock over the past sixty days.

Additional details:

Issuer Name: Vertex Energy Inc.


Issuer Address: 1331 GEMINI STREET, SUITE 250 HOUSTON TX 77058


Reporting Person: Highbridge Capital Management, LLC


Reporting Person Address: 277 Park Avenue, 23rd Floor New York NY 10172


Contact Person: Kirk Rule


Contact Phone: 212-287-2500


Law Firm: Schulte Roth & Zabel LLP


Law Firm Address: 919 Third Avenue New York NY 10022


Lawyer Name: Adriana Schwartz, Esq.


Lawyer Phone: 212-756-2000


Effective Date: 2025-01-21


Prior Warrants Cancelled: 1,114,707 shares of Common Stock


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