STOCK TITAN

B&R Technology Merger Corp. (BRTMU) sponsor group reports 13.1M-share, 28.8% position

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

B&R Technology Sponsor LLC and affiliated entities report beneficial ownership of 13,145,833 Ordinary Shares of B&R Technology Merger Corp., representing 28.8% of the 45,645,833 Class A and Class B ordinary shares outstanding as of July 22, 2026. The position consists of 687,500 Class A shares included in private placement units and 12,458,333 Class B “Founder Shares,” up to 1,625,000 of which are subject to forfeiture depending on underwriter over-allotment. The Sponsor purchased 11,500,000 Founder Shares for $25,000 and later received an additional 958,333 Founder Shares for no consideration, and bought 687,500 placement units at $10.00 per unit, each unit including one Class A share and one-third of a warrant with a $11.50 exercise price. The reporting persons state the shares were acquired for investment purposes and are subject to lock-up and voting agreements, including commitments to vote in favor of a business combination, not redeem their shares, and indemnify the company’s trust account to help maintain at least $10.00 per public share in a liquidation scenario.

Positive

  • None.

Negative

  • None.

Filing Explained

The filing adds that the Sponsor has demand and piggyback registration rights, creating a future route to register resale of its shares; it reports no resale or completed business combination in this filing.

Beneficial ownership 13,145,833 Ordinary Shares Aggregate shares reported as beneficially owned by the sponsor group
Ownership percentage 28.8% Portion of 45,645,833 outstanding Ordinary Shares as of July 22, 2026
Shares outstanding 45,645,833 Ordinary Shares Includes 33,187,500 Class A and 12,458,333 Class B shares outstanding as of July 22, 2026
Founder Shares purchase price $25,000 Paid by Sponsor on December 29, 2025 for 11,500,000 Class B Founder Shares
Additional Founder Shares 958,333 Class B shares Issued to Sponsor on July 1, 2026 in a recapitalization for no consideration
Placement Units acquired 687,500 units at $10.00 per unit Purchased on July 22, 2026 for an aggregate $6,875,000
Warrant exercise price $11.50 per share Each whole warrant from placement units exercisable into one Class A share at this price
Trust protection level $10.00 per public share Target minimum per-share trust amount sponsor agrees to protect via indemnity
Founder Shares financial
"11,500,000 Class B Ordinary Shares (the "Founder Shares") were purchased"
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.
Placement Units financial
"the Sponsor purchased 687,500 units ("Placement Units") of the Issuer at $10.00"
blank check company financial
"The Issuer is a blank check company formed for the purpose of effecting a merger"
A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.
Trust Account financial
"the Issuer's trust account set up in connection with the IPO (the "Trust Account")"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
registration rights agreement regulatory
"entered into a registration rights agreement with the Issuer, pursuant to which"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
lock up provision financial
"Placement Units and the securities underlying such Placement Units are subject to a lock up provision"

FAQ

How much of B&R Technology Merger Corp. (BRTMU) does the sponsor group own?

The sponsor group reports beneficial ownership of 13,145,833 Ordinary Shares, representing 28.8% of the 45,645,833 Class A and Class B ordinary shares outstanding as of July 22, 2026.

What securities did the BRTMU sponsor acquire and at what prices?

The sponsor acquired 11,500,000 Founder Shares for $25,000, later receiving 958,333 more for no consideration, and purchased 687,500 private placement units at $10.00 per unit, each including one Class A share and one-third of a warrant at $11.50.

How are the BRTMU Founder Shares structured for conversion and forfeiture?

The sponsor holds 12,458,333 Class B Founder Shares that automatically convert one-for-one into Class A shares at the initial business combination. Up to 1,625,000 of these may be forfeited depending on the underwriter’s over-allotment exercise.

What lock-up restrictions apply to the BRTMU sponsor’s private placement units?

The 687,500 placement units and underlying securities are subject to a lock-up, prohibiting transfer, sale or assignment until 30 days after completion of the initial business combination, subject to limited exceptions in the Insider Letter.

What voting and redemption commitments has the BRTMU sponsor made?

The sponsor and Steven Fletcher agreed to vote their Founder Shares, placement shares and certain public shares in favor of a business combination and not redeem any Ordinary Shares in related shareholder votes or certain charter amendment votes.

How does the BRTMU sponsor support the SPAC’s trust account?

The sponsor agreed to indemnify the company so vendor or target claims do not reduce the trust below $10.00 per public share (or a lower amount due to asset value changes), net of permitted withdrawals and taxes, subject to specified exceptions.

What is the business purpose of B&R Technology Merger Corp. (BRTMU)?

B&R Technology Merger Corp. is described as a blank check company formed to complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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

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G1535G109

(CUSIP Number)
B&R Technology Sponsor LLC
2300 West Sahara Avenue,
Las Vegas, NV, 89102
00-000000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/22/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Includes 687,500 of the Issuer's Class A ordinary shares, $0.0001 par value ("Class A Ordinary Shares") and 12,458,333 (up to 1,625,000 of which are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised) of the Issuer's Class B ordinary shares, $0.0001 par value ("Class B Ordinary Shares" and, together with the Class A Ordinary Shares, the "Ordinary Shares"), which are automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as more fully described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-297256). The 687,500 Class A Ordinary Shares are included in units (each unit consisting of one Class A Ordinary Share and one-third of one warrant, each whole warrant exercisable into one Class A Ordinary Share 30 days following the consummation of the Issuer's initial business combination), acquired pursuant to a Private Placement Units Purchase Agreement by and between B&R Technology Sponsor LLC (Cayman) and the Issuer. B&R Technology Sponsor LLC (Cayman) is the record holder of the securities reported herein. David York, Alex Vieux and Steven Fletcher are managing members of Sponsor. Alex Vieux and Steven Fletcher are managing members of Authentic Founders, LLC, which is the managing member of Authentic Holdings, LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Includes 687,500 of the Issuer's Class A ordinary shares, $0.0001 par value ("Class A Ordinary Shares") and 12,458,333 (up to 1,625,000 of which are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised) of the Issuer's Class B ordinary shares, $0.0001 par value ("Class B Ordinary Shares" and, together with the Class A Ordinary Shares, the "Ordinary Shares"), which are automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as more fully described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-297256). The 687,500 Class A Ordinary Shares are included in units (each unit consisting of one Class A Ordinary Share and one-third of one warrant, each whole warrant exercisable into one Class A Ordinary Share 30 days following the consummation of the Issuer's initial business combination), acquired pursuant to a Private Placement Units Purchase Agreement by and between B&R Technology Sponsor LLC (Cayman) and the Issuer. B&R Technology Sponsor LLC (Cayman) is the record holder of the securities reported herein. David York, Alex Vieux and Steven Fletcher are managing members of Sponsor. Alex Vieux and Steven Fletcher are managing members of Authentic Founders, LLC, which is the managing member of Authentic Holdings, LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1 Includes 687,500 of the Issuer's Class A ordinary shares, $0.0001 par value ("Class A Ordinary Shares") and 12,458,333 (up to 1,625,000 of which are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised) of the Issuer's Class B ordinary shares, $0.0001 par value ("Class B Ordinary Shares" and, together with the Class A Ordinary Shares, the "Ordinary Shares"), which are automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as more fully described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-297256). The 687,500 Class A Ordinary Shares are included in units (each unit consisting of one Class A Ordinary Share and one-third of one warrant, each whole warrant exercisable into one Class A Ordinary Share 30 days following the consummation of the Issuer's initial business combination), acquired pursuant to a Private Placement Units Purchase Agreement by and between B&R Technology Sponsor LLC (Cayman) and the Issuer. B&R Technology Sponsor LLC (Cayman) is the record holder of the securities reported herein. David York, Alex Vieux and Steven Fletcher are managing members of Sponsor. Alex Vieux and Steven Fletcher are managing members of Authentic Founders, LLC, which is the managing member of Authentic Holdings, LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Includes 687,500 of the Issuer's Class A ordinary shares, $0.0001 par value ("Class A Ordinary Shares") and 12,458,333 (up to 1,625,000 of which are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised) of the Issuer's Class B ordinary shares, $0.0001 par value ("Class B Ordinary Shares" and, together with the Class A Ordinary Shares, the "Ordinary Shares"), which are automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as more fully described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-297256). The 687,500 Class A Ordinary Shares are included in units (each unit consisting of one Class A Ordinary Share and one-third of one warrant, each whole warrant exercisable into one Class A Ordinary Share 30 days following the consummation of the Issuer's initial business combination), acquired pursuant to a Private Placement Units Purchase Agreement by and between B&R Technology Sponsor LLC (Cayman) and the Issuer. B&R Technology Sponsor LLC (Cayman) is the record holder of the securities reported herein. David York, Alex Vieux and Steven Fletcher are managing members of Sponsor. Alex Vieux and Steven Fletcher are managing members of Authentic Founders, LLC, which is the managing member of Authentic Holdings, LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Includes 687,500 of the Issuer's Class A ordinary shares, $0.0001 par value ("Class A Ordinary Shares") and 12,458,333 (up to 1,625,000 of which are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised) of the Issuer's Class B ordinary shares, $0.0001 par value ("Class B Ordinary Shares" and, together with the Class A Ordinary Shares, the "Ordinary Shares"), which are automatically convertible into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as more fully described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-297256). The 687,500 Class A Ordinary Shares are included in units (each unit consisting of one Class A Ordinary Share and one-third of one warrant, each whole warrant exercisable into one Class A Ordinary Share 30 days following the consummation of the Issuer's initial business combination), acquired pursuant to a Private Placement Units Purchase Agreement by and between B&R Technology Sponsor LLC (Cayman) and the Issuer. B&R Technology Sponsor LLC (Cayman) is the record holder of the securities reported herein. David York, Alex Vieux and Steven Fletcher are managing members of Sponsor. Alex Vieux and Steven Fletcher are managing members of Authentic Founders, LLC, which is the managing member of Authentic Holdings, LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.


SCHEDULE 13D


B&R Technology Sponsor LLC (Cayman)
Signature:By: /s/ Steven Fletcher
Name/Title:Steven Fletcher/Managing Member
Date:07/29/2026
Authentic Founders, LLC
Signature:By: /s/ Steven Fletcher
Name/Title:Steven Fletcher/Managing Member
Date:07/29/2026
Signature:By: /s/ Alex Vieux
Name/Title:Alex Vieux/ Managing Member
Date:07/29/2026
Authentic Holdings, LLC
Signature:By: /s/ Steven Fletcher
Name/Title:Steven Fletcher/Managing Member, By: Authentic Founders, LLC, its managing member
Date:07/29/2026
Signature:By: /s/ Alex Vieux
Name/Title:Alex Vieux/Managing Member, By: Authentic Founders, LLC, its managing member
Date:07/29/2026
Steven Fletcher
Signature:/s/ Steven Fletcher
Name/Title:Steven Fletcher
Date:07/29/2026
Alex Vieux
Signature:/s/ Alex Vieux
Name/Title:Alex Vieux
Date:07/29/2026