Shaolin Capital reports 5.49% BPAC stake
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.
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.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Blueport Acquisition Ltd (BPAC) is reported in this Schedule 13G?
Who are the reporting persons in the Blueport Acquisition Ltd (BPAC) Schedule 13G?
How much voting and dispositive power do the BPAC Schedule 13G filers report?
Is the Blueport Acquisition Ltd (BPAC) stake reported as an activist or passive position?
What class of Blueport Acquisition Ltd (BPAC) securities is covered by this Schedule 13G?
AI-generated analysis. How Rhea-AI works. Not financial advice.