ARC Group Acquisition I Corp. has new institutional ownership disclosures for its Class A Ordinary Shares. ATW SPAC Management LLC, a Delaware investment adviser, reports beneficial ownership of 835,000 shares, representing 6.5% of the 12,758,000 shares outstanding as of May 14, 2026. Kerry Propper and Antonio Ruiz-Gimenez each report beneficial ownership of 1,035,000 shares, or 8.1% of the class. The shares are held by private funds managed by ATW SPAC Management LLC and an advisory affiliate, with each reporting person having shared voting and dispositive power over their reported amounts and no sole voting or dispositive power. Each reporting person disclaims beneficial ownership beyond any pecuniary interest.
"This report shall not be deemed an admission that any reporting person herein is the beneficial owner"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerregulatory
"Shared Voting Power 835,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive powerregulatory
"Shared Dispositive Power 1,035,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interestfinancial
"disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person's pecuniary interest"
investment adviserfinancial
"ATW SPAC Management LLC, a registered investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
Schedule 13Gregulatory
"for purposes of Section 13 of the Securities Exchange Act of 1934, as amended"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What stake in ARC Group Acquisition I Corp. (ARCL) does ATW SPAC Management LLC report?
ATW SPAC Management LLC reports beneficial ownership of 835,000 Class A Ordinary Shares of ARC Group Acquisition I Corp., representing 6.5% of the 12,758,000 shares outstanding as of May 14, 2026, with only shared voting and dispositive power.
How many ARC Group Acquisition I Corp. (ARCL) shares does Kerry Propper beneficially own?
Kerry Propper reports beneficial ownership of 1,035,000 Class A Ordinary Shares, representing 8.1% of the outstanding class. These shares are held through private funds managed by ATW SPAC Management LLC and an affiliate, with shared voting and dispositive power and no sole authority.
What is Antonio Ruiz-Gimenez’s ownership in ARC Group Acquisition I Corp. (ARCL)?
Antonio Ruiz-Gimenez reports beneficial ownership of 1,035,000 Class A Ordinary Shares, or 8.1% of the class. His reported interests reflect shared voting and dispositive power over fund-held shares managed by ATW SPAC Management LLC and its advisory affiliate.
What share count and date underpin the ARC Group Acquisition I Corp. (ARCL) ownership percentages?
The reported ownership percentages are based on 12,758,000 Class A Ordinary Shares outstanding as of May 14, 2026, as disclosed in ARC Group Acquisition I Corp.’s Form 10-Q filed on that same date, forming the denominator for the 6.5% and 8.1% stakes.
Do the ARC Group Acquisition I Corp. (ARCL) reporting persons claim full beneficial ownership of all reported shares?
No. Each reporting person expressly disclaims beneficial ownership of the reported shares except to the extent of any pecuniary interest. The filing states this should not be deemed an admission of beneficial ownership under Section 13 of the Exchange Act.
What type of power over ARC Group Acquisition I Corp. (ARCL) shares is reported by the filers?
All three reporting persons state they have 0 shares with sole voting or dispositive power and only shared voting and shared dispositive power over their respective share amounts, reflecting their roles in managing private funds that hold the securities.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ARC Group Acquisition I Corp.
(Name of Issuer)
Class A Ordinary Shares
(Title of Class of Securities)
G24498118
(CUSIP Number)
06/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G24498118
1
Names of Reporting Persons
ATW SPAC MANAGEMENT LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
835,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
835,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
835,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.5 %
12
Type of Reporting Person (See Instructions)
IA, OO
Comment for Type of Reporting Person: Please see note in Item 4(a).
SCHEDULE 13G
CUSIP Number(s):
G24498118
1
Names of Reporting Persons
Kerry Propper
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,035,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,035,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,035,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Please see note in Item 4(a).
SCHEDULE 13G
CUSIP Number(s):
G24498118
1
Names of Reporting Persons
Antonio Ruiz-Gimenez
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SPAIN
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,035,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,035,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,035,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Please see note in Item 4(a).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ARC Group Acquisition I Corp.
(b)
Address of issuer's principal executive offices:
398 S Mill Avenue, Suite 306
Tempe, Arizona 85284
Item 2.
(a)
Name of person filing:
ATW SPAC Management LLC*
Kerry Propper*
Antonio Ruiz-Gimenez*
(b)
Address or principal business office or, if none, residence:
1 Pennsylvania Plaza, Suite 4810
New York, New York 10119
(c)
Citizenship:
ATW SPAC Management LLC - Delaware
Kerry Propper - United States
Antonio Ruiz-Gimenez - Spain
(d)
Title of class of securities:
Class A Ordinary Shares
(e)
CUSIP Number(s):
G24498118
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
ATW SPAC Management LLC - 835,000*
Kerry Propper - 1,035,000*
Antonio Ruiz-Gimenez - 1,035,000*
*The Class A Ordinary Shares (the "Shares") of ARC Group Acquisition I Corp. (the "Issuer") reported herein are held by (1) one or more private funds managed by ATW SPAC Management LLC, a registered investment adviser (the "Adviser"), which has been delegated exclusive authority to vote and/or direct the disposition of certain Shares and (2) a private fund, SZOP Multistrat LP, managed by an advisory affiliate of the Adviser. Kerry Propper and Antonio Ruiz-Gimenez are managing members of the Adviser and its advisory affiliate.
The percentages reported herein are based upon the 12,758,000 Shares issued and outstanding as of May 14, 2026 as disclosed in the Issuer's Form 10-Q filed with the SEC on May 14, 2026.
This report shall not be deemed an admission that any reporting person herein or any other person is the beneficial owner of the securities reported herein for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person's pecuniary interest therein, if any.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which 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.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.