Merlin, Inc. (BACQ) CEO George Spencer files initial Form 3 with no trades

Rhea-AI Filing Summary

Merlin, Inc. filed an initial insider ownership report for George Matthew Spencer, who serves as both Chief Executive Officer and director. This Form 3 does not list any stock or option transactions and shows no reported holdings or derivative positions for him at this time.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

George Matthew Spencer

(Last) (First) (Middle)

129 SOUTH STREET

(Street)

BOSTON MASSACHUSETTS 02111

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Merlin, Inc. [ MRLN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney.

No securities are beneficially owned.

	/s/ Leslie Renee Ravestein, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does this Form 3 filing disclose for BACQ/Merlin, Inc.?

It discloses that George Matthew Spencer is a director and Chief Executive Officer of Merlin, Inc.. The Form 3 is an initial ownership report and, in this case, shows no reported securities or derivative positions.

Did George Matthew Spencer report any share transactions in this Form 3 for BACQ?

No, this Form 3 shows no reported stock transactions. The transaction summary lists zero buys, sells, exercises, gifts, tax withholdings, or restructurings, and there are no transaction entries provided.

Does the Form 3 show any current stock or option holdings for Merlin, Inc. insiders?

This Form 3 shows no holdings or derivative positions for George Matthew Spencer. The holdingEntries count is zero and the derivativeSummary is empty, indicating no positions are detailed in this filing.

Who is the reporting person in Merlin, Inc.’s Form 3 filing?

The reporting person is George Matthew Spencer, identified as both a director and the Chief Executive Officer of Merlin, Inc. He is not flagged as a ten percent owner in the provided data.

Does this Form 3 for BACQ indicate insider buying or selling activity?

No, the transactionSummary shows no buying or selling activity. BuyCount, sellCount, and netBuySellShares are all zero, and netBuySellDirection is described as neutral in the data.

What is the purpose of this Merlin, Inc. Form 3 related to BACQ?

The Form 3 serves as an initial statement of beneficial ownership for George Matthew Spencer. It formally records his status as an officer and director, even though no specific security holdings are listed.