Filing Details

Accession Number:
0001062993-24-019816
Form Type:
13G Filing
Publication Date:
2024-11-28 19:00:00
Filed By:
Gator Capital Management, Llc
Company:
Chain Bridge Bancorp Inc
Filing Date:
2024-11-29
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Gator Capital Management 199,722 199,722 199,722 10.80%
Derek Pilecki 199,722 199,722 199,722 10.80%
Gator Financial Partners 159,742 159,742 159,742 8.63%
Gator Capital Long Short Fund 24,800 24,800 24,800 1.34%
ECA Fund 14,700 14,700 14,700 0.79%
Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________

SCHEDULE 13G

(Rule 13d-102)

(Amendment No. 1)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

CHAIN BRIDGE BANCORP., INC.

(Name of Issuer) 

Class A Common Stock

(Title of Class of Securities) 

15746L100

(CUSIP Number) 

November 27, 2024
(Date of Event Which Requires Filing of This Statement)

 Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 ☐ Rule 13d-1(b)

 ☒ Rule 13d-1(c)

 ☐ Rule 13d-1(d)

____________________

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on following pages)

CUSIP NO. 15746L100

13G/A

Page 2 of 9 Pages


1 NAMES OF REPORTING PERSONS
 
Gator Capital Management, LLC
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ 
(b) ☐ 

3 SEC USE ONLY
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
STATE OF DELAWARE, UNITED STATES OF AMERICA
 
 
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5 SOLE VOTING POWER
 
N/A
 
6 SHARED VOTING POWER
 
199,722 shares of Common Stock
7 SOLE DISPOSITIVE POWER
 
N/A
 
8 SHARED DISPOSITIVE POWER
 
199,722 shares of Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
199,722 shares of Common Stock
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
10.80% of the outstanding shares of Common Stock
12 TYPE OF REPORTING PERSON
 
IA OO (Limited Liability Company)
       

CUSIP NO. 15746L100

13G/A

Page 3 of 9 Pages


1 NAMES OF REPORTING PERSONS
 
Derek Pilecki
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ 
(b) ☐ 

3 SEC USE ONLY
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
UNITED STATES OF AMERICA
 
 
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5 SOLE VOTING POWER
 
N/A
 
6 SHARED VOTING POWER
 
199,722 shares of Common Stock
7 SOLE DISPOSITIVE POWER
 
N/A
 
8 SHARED DISPOSITIVE POWER
 
199,722 shares of Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
199,722 shares of Common Stock
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
10.80% of the outstanding shares of Common Stock
12 TYPE OF REPORTING PERSON
 
IN
       

CUSIP NO. 15746L100

13G/A

Page 4 of 9 Pages


1 NAMES OF REPORTING PERSONS
 
Gator Financial Partners, LLC
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ 
(b) ☐ 

3 SEC USE ONLY
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
STATE OF DELAWARE, UNITED STATES OF AMERICA
 
 
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5 SOLE VOTING POWER
 
N/A
 
6 SHARED VOTING POWER
 
159,742 shares of Common Stock
7 SOLE DISPOSITIVE POWER
 
N/A
 
8 SHARED DISPOSITIVE POWER
 
159,742 shares of Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
159,742 shares of Common Stock
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
8.63% of the outstanding shares of Common Stock
12 TYPE OF REPORTING PERSON
 
OO (Limited Liability Company)
       

CUSIP NO. 15746L100

13G/A

Page 5 of 9 Pages


1 NAMES OF REPORTING PERSONS
 
Gator Capital Long/Short Fund
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ 
(b) ☐ 

3 SEC USE ONLY
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
State of Maryland, UNITED STATES OF AMERICA
 
 
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5 SOLE VOTING POWER
 
N/A
 
6 SHARED VOTING POWER
 
24,800 shares of Common Stock
7 SOLE DISPOSITIVE POWER
 
N/A
 
8 SHARED DISPOSITIVE POWER
 
24,800 shares of Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
24,800 shares of Common Stock
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
1.34% of the outstanding Common Stock
12 TYPE OF REPORTING PERSON
 
IV
       

CUSIP NO. 15746L100

13G/A

Page 6 of 9 Pages


1 NAMES OF REPORTING PERSONS
 
ECA Fund, LP
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ 
(b) ☐ 

3 SEC USE ONLY
 
4 CITIZENSHIP OR PLACE OF ORGANIZATION
 
State of Texas, UNITED STATES OF AMERICA
 
 
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5 SOLE VOTING POWER
 
N/A
 
6 SHARED VOTING POWER
 
14,700 shares of Common Stock
7 SOLE DISPOSITIVE POWER
 
N/A
 
8 SHARED DISPOSITIVE POWER
 
14,700 shares of Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
14,700 shares of Common Stock
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.79% of the outstanding Common Stock
12 TYPE OF REPORTING PERSON
 
PN (Limited Partnership)
       

Item 1. (a) Name of Issuer:

 Chain Bridge Bancorp., Inc. (the "Issuer")

 (b) Address of Issuer's Principal Executive Offices:

 1445-A Laughlin Avenue, McLean, VA  22101

Item 2. (a) Name of Persons Filing:

 Gator Capital Management, LLC

 Derek Pilecki

 Gator Financial Partners, LLC

 Gator Capital Long/Short Fund

 ECA Fund, LP

 (b) Address of Principal Business Office or, if None, Residence:

 For all persons filing:

 c/o Gator Capital Management, LLC

 2502 N. Rocky Point Dr., Suite 665

 Tampa, FL  33607

 (c) Citizenship:

 Gator Capital Management, LLC is a Delaware limited liability company

 Derek Pilecki is a United States citizen

 Gator Financial Partners, LLC is a Delaware limited liability company

 Gator Capital Long/Short Fund is a Maryland Investment Company

 ECA Fund, LP is a Texas Limited Partnership

 (d) Title of Class of Securities:

 Class A Common Stock

 (e) CUSIP Number:

 15746L100

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 Not applicable. Filed pursuant to Rule 13d-1(c).

Item 4. Ownership.

 

Gator Capital
Management,
LLC

Derek Pilecki

Gator
Financial
Partners, LLC

Gator Capital
Long/Short
Fund

ECA
Fund, LP

(a) Amount Beneficially Owned:

199,722

199,722

159,742

24,800

14,700

(b) Percent of Class:

10.80%

10.80%

8.66%

1.34%

0.795

(c) Number of Shares to

 Which Reporting Person

 Has:

 

 

 

(i) Sole Voting Power:

N/A

N/A

N/A

N/A

N/A

(ii) Shared Voting Power:

199,722

199,722

159,742

24,800

14,700

(iii) Sole Dispositive Power:

N/A

N/A

N/A

N/A

N/A

(iv) Shared Dispositive Power:

199,722

199,722

159,742

24,800

14,700

 The reported shares are the Issuer's Class A Common Stock.

159,742 shares of Class A Common Stock are owned directly by Gator Financial Partners, LLC, whose managing member and Investment Adviser is Gator Capital Management, LLC.  Gator Capital Management, LLC could be deemed to be an indirect beneficial owner of the reported shares, and could be deemed to share beneficial ownership with Gator Financial Partners, LLC.

 Derek Pilecki is the manager of Gator Capital Management, LLC and could be deemed to share such indirect beneficial ownership with Gator Capital Management, LLC and Gator Financial Partners, LLC.

Item 5. Ownership of Five Percent or Less of a Class.

 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 Not applicable.

Item 7. Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 Not applicable.

Item 8. Identification and Classification of Members of the Group.

 Not applicable.

Item 9. Notice of Dissolution of Group.

 Not applicable.

Item 10. Certification.

By signing below, each of the undersigned certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Exhibits 

Exhibit 1 Joint Filing Agreement dated November 27, 2024, among Gator Financial Partners, LLC, Gator Capital Long/Short Fund, and ECA Fund, LP, Gator Capital Management, LLC, and Derek Pilecki.

Signature

 After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.

  GATOR CAPITAL MANAGEMENT, LLC
   
By:       /s/ Derek Pilecki                                         
Name: Derek Pilecki
Title: Managing Member
   
   
GATOR FINANCIAL PARTNERS, LLC
  By: Gator Capital Management, LLC, Manager
 
By:      /s/ Derek Pilecki                                        
Name: Derek Pilecki
Title: Managing Member
   
   
/s/ Derek Pilecki                                                      
  Derek Pilecki