STOCK TITAN

Tribeca Strategic (BIDWU) director reports 20,000 Class B shares convertible 1:1

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Tribeca Strategic Acquisition Corp. director Tomba Mattia filed an initial ownership report showing holdings tied to 20,000 Class B ordinary shares. These Class B shares are convertible into 20,000 Class A ordinary shares on a one-for-one basis, automatically at the time of the company’s initial business combination or earlier at the holder’s option.

Positive

  • None.

Negative

  • None.
Insider Tomba Mattia
Role Director
Type Security Shares Price Value
holding Class B ordinary shares -- -- --
Holdings After Transaction: Class B ordinary shares — 20,000 shares (Direct)
Footnotes (1)
  1. F1. As described in the Issuer's Registration Statement on Form S-1, as amended (File No. 333-291431), under the heading "Description of Securities-Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder thereof, on a one-for-one basis, subject to certain adjustments described therein.
Underlying Class A shares 20,000 shares Underlying Class A shares for Class B ordinary shares
Conversion ratio 1:1 Class B ordinary shares to Class A ordinary shares
Exercise/Conversion price $0.0000 Conversion price referenced for Class B into Class A shares
Class B ordinary shares financial
"the Class B ordinary shares will automatically convert into Class A ordinary shares"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
Class A ordinary shares financial
"convert into Class A ordinary shares at the time of the Issuer's initial business combination"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
initial business combination financial
"will automatically convert into Class A ordinary shares at the time 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.
founder shares financial
"under the heading "Description of Securities-Founder Shares," the Class B ordinary shares will automatically convert"
Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.
Registration Statement on Form S-1 regulatory
"As described in the Issuer's Registration Statement on Form S-1, as amended"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What does Tribeca Strategic Acquisition Corp. (BIDWU) disclose in this Form 3?

The Form 3 shows director Tomba Mattia reporting beneficial ownership related to 20,000 Class B ordinary shares. These shares are convertible into the company’s Class A ordinary shares, giving investors a baseline view of this insider’s equity position at the reporting date.

How many shares does Tomba Mattia report owning in Tribeca Strategic Acquisition Corp. (BIDWU)?

The filing reflects an interest in 20,000 Class B ordinary shares, which correspond to 20,000 underlying Class A ordinary shares. This establishes the director’s initial disclosed equity stake in the company’s structure at the time of the Form 3.

How do Tribeca Strategic Acquisition Corp. (BIDWU) Class B shares convert into Class A shares?

The Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis. Conversion occurs at the time of the company’s initial business combination, or earlier at the holder’s option, consistent with the company’s registration statement description.

What is the significance of the initial business combination for BIDWU Class B shares?

The initial business combination triggers automatic conversion of Class B ordinary shares into Class A ordinary shares. This means founder-type equity shifts into the public Class A structure when the company completes its first business combination transaction.

Are there any special terms mentioned for BIDWU founder shares in this disclosure?

The footnote references the company’s Form S-1 section on founder shares, noting Class B ordinary shares convert into Class A on a one-for-one basis, subject to certain adjustments described in that registration statement section.

SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Tomba Mattia

(Last)(First)(Middle)
C/O TRIBECA STRATEGIC ACQUISITION CORP.
1301 AVENUE OF THE AMERICAS, 6TH FLOOR

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/28/2026
3. Issuer Name and Ticker or Trading Symbol
Tribeca Strategic Acquisition Corp. [ BID ]
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 ExercisableExpiration DateTitleAmount or Number of Shares
Class B ordinary shares (1) (1)Class A ordinary shares20,000(1)D
Explanation of Responses:
1. As described in the Issuer's Registration Statement on Form S-1, as amended (File No. 333-291431), under the heading "Description of Securities-Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder thereof, on a one-for-one basis, subject to certain adjustments described therein.
Remarks:
See Exhibit 24: Power of Attorney
/s/ Timothy R. Ramdeen, as Attorney-in-fact05/28/2026
** Signature of Reporting PersonDate
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)