Shaolin Capital discloses 5.49% Blueport Acquisition (BPAC) ownership in 13G filing
Rhea-AI Filing Summary
Blueport Acquisition Ltd received a Schedule 13G reporting that Shaolin Capital Management LLC and David Puritz together beneficially own 326,374 Class A ordinary shares. These shares represent 5.49% of the outstanding Class A shares, giving them a reportable but relatively small minority stake.
The filing shows Shaolin and Puritz have shared power to vote and dispose of all 326,374 shares, with no sole voting or dispositive power. They certify the shares were not acquired to change or influence control of Blueport Acquisition Ltd, positioning this as a passive investment rather than an activist stake.
Positive
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