Tribeca director reports 20,000 founder shares

Tribeca Strategic Acquisition Corp. director Mihir Vikas Dange filed an initial ownership report on Form 3.

Rhea-AI Filing Summary

Tribeca Strategic Acquisition Corp. director Mihir Vikas Dange filed an initial ownership report on Form 3. The filing shows direct ownership of 20,000 Class B ordinary shares, which are referred to as founder shares in the issuer’s registration statement.

According to the disclosure, these Class B ordinary shares will automatically convert into 20,000 Class A ordinary shares on a one-for-one basis at the time of the company’s initial business combination, or earlier at the holder’s option, subject to adjustments described in the registration statement. The Form 3 does not report any buy or sell transaction, only this initial position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dange Mihir Vikas

Role Director

Type	Security	Shares	Price	Value
holding	Class B ordinary shares	--	--	--

Holdings After Transaction: Class B ordinary shares — 20,000 contracts (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.

Key Figures

Class B shares held: 20,000 shares Underlying Class A shares: 20,000 shares Conversion ratio: 1:1 +2 more

5 metrics

Class B shares held 20,000 shares Directly owned Class B ordinary shares reported on Form 3

Underlying Class A shares 20,000 shares Class A ordinary shares underlying the Class B founder shares

Conversion ratio 1:1 Class B ordinary shares convert into Class A ordinary shares

Exercise price $0.0000 per share Exercise/conversion price disclosed for the Class B ordinary shares

Reported transactions 0 buys / 0 sells Form 3 shows holding only, no buy or sell activity

Key Terms

Class B ordinary shares, Class A ordinary shares, Founder Shares, initial business combination, +1 more

5 terms

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.

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.

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.

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.

FAQ

What does Mihir Vikas Dange’s Form 3 report for Tribeca Strategic Acquisition Corp. (BIDWU)?

The Form 3 reports that director Mihir Vikas Dange directly holds 20,000 Class B ordinary shares of Tribeca Strategic Acquisition Corp., establishing his initial beneficial ownership position as an insider of the company.

How many shares does Mihir Vikas Dange beneficially own in Tribeca Strategic Acquisition Corp. (BIDWU)?

He beneficially owns 20,000 Class B ordinary shares, which are described as founder shares. These shares are currently separate from Class A ordinary shares but are tied to a one-for-one conversion feature at a later time.

Can Dange’s Class B ordinary shares in Tribeca (BIDWU) convert into Class A shares?

Yes. The filing notes the Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis at the initial business combination, or earlier at the holder’s option, subject to adjustments outlined in the registration statement.

Does the Tribeca (BIDWU) Form 3 show any recent insider buying or selling?

No. The Form 3 is an initial ownership statement and does not report any buy or sell transactions. It only discloses Dange’s existing holding of 20,000 Class B ordinary shares as of the filing.

What is the significance of the Class B ordinary shares for Tribeca (BIDWU) insiders?

The Class B ordinary shares are described as founder shares that will convert into Class A ordinary shares around the initial business combination. This structure aligns insiders with future equity in the public Class A shares after conversion.

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

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Accepted by SEC EDGAR 05/28/2026 - 07:03 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Dange Mihir Vikas

(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)

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

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
Class B ordinary shares	(1)	(1)	Class A ordinary shares	20,000	(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-fact	05/28/2026
	** 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)