Director Nikolaos Kiosses discloses 12,500 Aeon Acquisition I (AESPU) shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Aeon Acquisition I Corp. director Nikolaos Kiosses has filed an initial ownership report showing a position in the company’s sponsor shares. The filing lists 12,500 Class B Ordinary Shares held directly, which are structured to convert into 12,500 Class A ordinary shares.
According to the terms described, the Class B ordinary shares will automatically convert on a one-for-one basis into Class A ordinary shares concurrently with or immediately following the company’s initial business combination, or earlier at the option of the holders, subject to adjustments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kiosses Nikolaos
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 12,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Class B shares held: 12,500 shares
Underlying Class A shares: 12,500 shares
Conversion ratio: 1-for-1
+1 more
4 metrics
Class B shares held
12,500 shares
Direct holdings reported on Form 3
Underlying Class A shares
12,500 shares
Linked to Class B Ordinary Shares
Conversion ratio
1-for-1
Class B to Class A ordinary shares
Reporting person role
Director
Nikolaos Kiosses at Aeon Acquisition I Corp.
Key Terms
Class B Ordinary Shares, Class A ordinary Shares, initial business combination, automatically convert
4 terms
initial business combination financial
"will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
automatically convert financial
"The Class B ordinary shares will automatically convert into Class A ordinary shares"
FAQ
What does Aeon Acquisition I Corp. (AESPU) Form 3 by Nikolaos Kiosses report?
The Form 3 reports director Nikolaos Kiosses as holding 12,500 Class B Ordinary Shares of Aeon Acquisition I Corp. These shares represent his initial disclosed ownership position and are designed to convert into an equal number of Class A ordinary shares under specified conditions.
Is the Nikolaos Kiosses Form 3 for Aeon Acquisition I Corp. (AESPU) a buy or sell transaction?
The Form 3 is an initial ownership report, not a buy or sell trade. It records Nikolaos Kiosses’ existing beneficial ownership of 12,500 Class B Ordinary Shares, rather than reporting a new purchase, sale, or option exercise transaction in Aeon Acquisition I Corp.