The merger is complete and deregistration is a formality. No further trading in GBTG on NYSE is expected; monitor for any post-merger regulatory filings or potential stub trading on OTC markets, though unlikely given single holder of record.
Price Chart
Executive Summary
Global Business Travel Group, Inc. (GBTG) filed a Form 15-12G to terminate its SEC registration under Section 12(g) following its acquisition by affiliates of Long Lake Management Holdings Inc. The merger closed on September 29, 2026, and the company now has only one holder of record. This deregistration is a routine post-merger administrative step, not a standalone 'going dark' event.
Key Facts
- Form 15-12G filed on October 9, 2026 to terminate registration under Section 12(g).
- Merger with Gaia Merger Sub, Inc. (affiliate of Long Lake Management Holdings Inc.) closed on September 29, 2026.
- Company now has approximately one holder of record.
- NYSE delisting notice (Form 25-NSE) was filed on September 29, 2026.
- Class A common stock is the only class of securities covered by this Form.
Financial Impact
No financial impact — this is a post-merger deregistration following a completed acquisition.
Risk Factors
- No ongoing SEC reporting obligations — reduced transparency for any remaining public holders.
- No further public market liquidity for GBTG shares.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 15-12G Filing (Primary) | 0001140361-26-039291 |
| Document: 0001140361-26-039291-index-headers.html | 0001140361-26-039291 |
| Document: 0001140361-26-039291-index.html | 0001140361-26-039291 |
| Document: 0001140361-26-039291.txt | 0001140361-26-039291 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 15-12G | — | awaiting T+60 | — | — |
Oct 5, 2026 22d ago | EFFECT | — | awaiting T+60 | — | — |
Oct 5, 2026 22d ago | EFFECT | — | awaiting T+60 | — | — |
Oct 5, 2026 22d ago | EFFECT | — | awaiting T+60 | — | — |
Oct 1, 2026 26d ago | SC 13D/A | $9.49 | awaiting T+60 | — | — |
Sep 29, 2026 27d ago | SC 13D/A | $9.49 | awaiting T+60 | — | — |
Sep 29, 2026 28d ago | 25-NSE | $9.49 | awaiting T+60 | — | — |
Sep 29, 2026 28d ago | 8-K | $9.49 | awaiting T+60 | — | — |
Aug 7, 2026 11w ago | Insider Cluster | $9.46 | awaiting T+60 | — | — |
Aug 4, 2026 12w ago | 8-K | $9.43 | awaiting T+60 | — | — |
US Market Status
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