Sponsor entity buys 200,000 Averin Capital (ACAAU) Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Averin Capital Acquisition Sponsor LLC, an affiliate of Averin Capital Acquisition Corp., bought 200,000 Class A ordinary shares at $10.0000 per share on February 20, 2025. After this open-market purchase, the sponsor directly holds 200,000 Class A ordinary shares.
The shares represent stock underlying private placement units acquired under a Private Placement Units Purchase Agreement between the sponsor and Averin Capital Acquisition Corp.. Handel Rose LLC is the sole managing member of the sponsor and controls voting and investment decisions. Eric Berry and David Berry, as managers of Handel Rose LLC, may be deemed beneficial owners but each disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 200,000 shares ($2,000,000)
Net Buy
1 txn
Insider
Averin Capital Acquisition Sponsor LLC, BERRY DAVID A, Handel Rose LLC
Role
See Remarks | See Remarks | 10% Owner
Bought
200,000 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 200,000 | $10.00 | $2.00M |
Holdings After Transaction:
Class A Ordinary Shares — 200,000 shares (Direct)
Footnotes (1)
- Represents shares underlying the private placement units (each unit consisting of one Class A ordinary share and one-sixth of one warrant, each whole warrant exercisable to purchase one Class A ordinary share) directly held by Averin Capital Acquisition Sponsor LLC (the "Sponsor"), and which were acquired pursuant to a Private Placement Units Purchase Agreement by and between the Sponsor and Averin Capital Acquisition Corp. (the "Issuer"). Does not include 7,187,500 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-293082). The Sponsor is the record holder of such shares. Handel Rose LLC, is the sole managing member of the Sponsor and controls the management of the Sponsor, including the exercise of voting and investment discretion over the securities of the Issuer held by the Sponsor. Eric Berry and David Berry are the managers of Handel Rose LLC. David Berry and Eric Berry both may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each such person disclaims any beneficial ownership of the securities reported herein other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
FAQ
What insider transaction did Averin Capital Acquisition Corp. (ACAAU) report?
Averin Capital Acquisition Sponsor LLC bought 200,000 Class A ordinary shares of Averin Capital Acquisition Corp. at $10.0000 per share. The purchase occurred on February 20, 2025 and was reported as an open-market or private transaction in a Form 4 filing.
What role does Handel Rose LLC play in Averin Capital Acquisition Corp. (ACAAU) ownership?
Handel Rose LLC is the sole managing member of Averin Capital Acquisition Sponsor LLC and controls its management. It exercises voting and investment discretion over Averin Capital Acquisition Corp. securities held by the sponsor, giving it effective control over those 200,000 Class A ordinary shares.
What is the total Class A stake after this Averin Capital Acquisition Corp. (ACAAU) transaction?
Following the February 20, 2025 transaction, Averin Capital Acquisition Sponsor LLC directly holds 200,000 Class A ordinary shares. This total reflects the entire position reported for that security after the open-market or private purchase at $10.0000 per share.
What type of securities were involved in the Averin Capital Acquisition Corp. (ACAAU) insider purchase?
The transaction involved Class A ordinary shares underlying private placement units. Each unit consists of one Class A ordinary share and one-sixth of one warrant, with each whole warrant exercisable to purchase one Class A ordinary share, as described in the footnotes.