Aeon Acquisition I (AESPU) director reports 12,500 Class B shares convertible to Class A
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Aeon Acquisition I Corp. director Darius Gudelis reported beneficial ownership of 12,500 Class B ordinary shares. These shares are held directly and are structured to automatically convert into 12,500 Class A ordinary shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holders’ option, subject to adjustments. The Form 3 does not reflect a new purchase or sale but establishes his initial ownership position in the company’s sponsor equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gudelis Darius
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 price: $0.0000 per share
+1 more
4 metrics
Class B shares held
12,500 shares
Direct holdings reported on Form 3
Underlying Class A shares
12,500 shares
Convertible one-for-one from Class B shares
Conversion price
$0.0000 per share
Exercise/conversion price for Class B into Class A
Holding entries
1 entry
Single holding line with unknown transaction code
Key Terms
Class B ordinary shares, Class A ordinary shares, initial business combination, one-for-one basis, +1 more
5 terms
initial business combination financial
"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.
one-for-one basis financial
"on a one-for-one basis, subject to the adjustments"
automatically convert financial
"Class B ordinary shares will automatically convert into Class A ordinary shares"
FAQ
What insider position did Gudelis Darius report in Aeon Acquisition I Corp. (AESPU)?
Gudelis Darius reported direct ownership of 12,500 Class B ordinary shares of Aeon Acquisition I Corp. on a Form 3. These founder-style shares are convertible into an equal number of Class A ordinary shares in connection with the company’s initial business combination or earlier at the holders’ option.
Does the Aeon Acquisition I Corp. (AESPU) Form 3 show a new insider trade?
No. The Form 3 for Aeon Acquisition I Corp. shows an initial ownership position for director Gudelis Darius rather than a new buy or sell transaction. It lists 12,500 Class B ordinary shares and their automatic conversion features into Class A ordinary shares, establishing baseline holdings.