[SCHEDULE 13G] AlphaVest Acquisition Corp Unit SEC Filing
W. R. Berkley Corporation and Berkley Insurance Company report beneficial ownership of 233,745 ordinary shares of Alphavest Acquisition Corp, representing 6.1% of the class based on the issuer's outstanding share count of 3,854,856. The holdings are reported with shared voting power and shared dispositive power; sole voting and dispositive powers are reported as zero.
The filers are Delaware-organized entities with a principal address in Greenwich, CT. They certify the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Material disclosure: Reporting persons hold 233,745 shares (6.1%), a significant, investor-relevant stake.
 - Transparency: Filers certify holdings are in the ordinary course of business and not intended to change control.
 
- No sole control: Reported ownership consists entirely of shared voting and dispositive power, indicating no unilateral control over the issuer.
 
Insights
TL;DR: A material passive stake of 6.1% disclosed; no sole control, so limited immediate governance impact.
The Schedule 13G discloses a meaningful 6.1% ownership (233,745 shares) in Alphavest out of 3,854,856 outstanding shares. As a Schedule 13G filing, this reflects a passive disclosure of beneficial ownership rather than an explicit activist intent. All voting and dispositive powers are reported as shared, with zero sole power, indicating the filers do not claim unilateral control. For investors, the disclosure signals notable interest by W. R. Berkley and its insurance subsidiary but does not, by itself, imply a change in board or control dynamics.
TL;DR: Shared voting/dispositive power suggests influence is collaborative or passive, not a control position.
The report shows shared voting and dispositive power over 233,745 shares and explicitly reports no sole voting or dispositive power. The filers also certify the securities are held in the ordinary course of business and not to effect control changes. From a governance perspective, this reduces the immediate likelihood of unilateral activist actions by these filers, though their material stake means management should note their position and potential engagement interest.