What happened
Hugel's largest shareholder (Aphrodite Acquisition Holdings LLC) pledged shares as loan collateral, securing up to US$502M.
If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.
| Largest shareholder | Aphrodite Acquisition Holdings LLC |
|---|---|
| Current stake | 43.53% |
| Loan secured | US$502M |
| Stake if enforced | 0% |
| Filed | 2026-06-17, Share-pledge agreement that may change the largest shareholder |
| Source | DART rcept 20260617900673 → open original filing |
Source: DART. Information only, not investment advice.

