Bluerock Acquisition (BLRKU) sponsor transfers 35,000 Class B shares at $0.003
Rhea-AI Filing Summary
Bluerock Acquisition Holdings, LLC, the sponsor of Bluerock Acquisition Corp., reported an internal share transfer involving its Class B Ordinary Shares. On January 23, 2026, the sponsor transferred 35,000 Class B Ordinary Shares of the issuer to Ziv Conen for $0.003 per share. After this transaction, the sponsor reported beneficial ownership of 5,655,000 Class B Ordinary Shares.
The Class B Ordinary Shares are automatically convertible into Class A Ordinary Shares on a one-for-one basis at the time of the issuer’s initial business combination, subject to anti-dilution adjustments, and they have no expiration date. The sponsor is the record holder of the reported securities, and a chain of entities ultimately controlled by Ramin Kamfar exercises voting and investment discretion over the shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares | 35,000 | $0.00 | -- |
| Other | Class B Ordinary Shares | 35,000 | $105.00 | $3.67M |
Footnotes (1)
- The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. On January 23, 2026, Bluerock Acquisition Holdings, LLC (the "Sponsor") transferred 35,000 Class B Ordinary Shares of the Issuer to Ziv Conen for $0.003 per share. The Sponsor is the record holder of the securities reported herein. BEH SPAC Holdings, LLC ("BEH") is the managing member of the Sponsor. Bluerock Enterprise Holdings, LP ("Bluerock Enterprise") is the sole member of BEH. Bluerock Holdings Manager, Inc. ("Bluerock Manager") is the general partner of Bluerock Enterprise. Ramin Kamfar controls Bluerock Manager and has voting and investment discretion with respect to the securities held of record by the Sponsor.
FAQ
What insider transaction did Bluerock Acquisition Holdings report for BLRKU?
Bluerock Acquisition Holdings, LLC reported transferring 35,000 Class B Ordinary Shares of Bluerock Acquisition Corp. to Ziv Conen on January 23, 2026 for $0.003 per share. After the transfer, it reported beneficial ownership of 5,655,000 Class B Ordinary Shares.
Who is the reporting person in this Bluerock (BLRKU) Form 4 filing?
The primary reporting person is Bluerock Acquisition Holdings, LLC, the sponsor and record holder of the securities. Ramin Kamfar, who serves as a director, CEO and Chairman and is a 10% owner, controls the entity structure that has voting and investment discretion over the shares held by the sponsor.
Does this Bluerock Form 4 involve derivative securities?
The filing describes Class B Ordinary Shares that are automatically convertible into Class A Ordinary Shares on a one-for-one basis at the initial business combination, subject to anti-dilution adjustments, and with no expiration date, reflecting their convertible nature.