Amendment: SEC Form SC 13G/A filed by Bridger Aerospace Group Holdings Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1) *

Bridger Aerospace Group Holdings, Inc.

(Name of Issuer)

Common Stock, Par Value $0.0001 per share

(Title of Class of Securities)

96812F102

(Cusip Number)

September 30, 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 ("Act") 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)

Bridger Aerospace Group Holdings, Inc. (the “Company”)

90 Aviation Lane, Belgrade, Montana 59714, United States of America

This statement is filed by: (i) ElementCompany, LLC (“ElementCompany”) (which is co-managed by Matthew P. Sheehy and Timothy P. Sheehy) with respect to shares beneficially owned by ElementCompany, and (ii) Matthew P. Sheehy with respect to Shares held by Red Cloud Holding Investments, LLC (“Red Cloud”) and the Matthew P. Sheehy Revocable Trust (the “Trust”), of which Matthew Sheehy has sole voting and dispositive power, and shares held by ElementCompany, which is co-managed by Matthew Sheehy.

ElementCompany and Matthew P. Sheehy have entered into a Joint Filing Agreement, a copy of which was filed as Exhibit 99.1 to the Schedule 13G initially filed on February 14, 2024 and is incorporated herein by reference, pursuant to which they agreed to file the Schedule 13G and subsequent amendments thereto jointly in accordance with the provisions of Rule 13d-1(k) of the Act.

ElementCompany and Matthew P. Sheehy are each a “Reporting Person.”

The address of the principal business office of ElementCompany and Matthew P. Sheehy is 90 Aviation Lane, Belgrade, Montana 59714, United States of America.

ElementCompany is a MT limited liability company. Matthew P. Sheehy is a citizen of the United States of America.

Common Stock, par value $0.0001 per share

96812F102

Not Applicable

The percentages used herein are calculated based upon 54,047,815 Shares issued and outstanding as of November 8, 2024, as reported on the Company’s quarterly report on Form 10-Q for the quarterly period ended September 30, 2024 filed with the Securities and Exchange Commission by the Issuer on November 13, 2024.

The information required by Items 4(a)-(c), as of the date hereof, is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.

Matthew P. Sheehy owns: (i) 5,717,534 Shares that are held by Red Cloud, of which Matthew Sheehy has sole voting and dispositive power; (ii) 155,327 Shares that are held by the Trust, of which Matthew Sheehy is sole trustee and has sole voting and dispositive power. ElementCompany, which is co-managed by Matthew P. Sheehy and Timothy P. Sheehy, owns 1,903,561 Shares directly. Matthew Sheehy does not own any Shares directly. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, Matthew P. Sheehy may be deemed to beneficially own 7,776,422 Shares (constituting approximately 14.39% of the Shares outstanding).

If this statement is being filed to report the fact that as of the date hereof a reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable.

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct.

Dated: November 15, 2024