Insight Digital Partners holder reports 24.1% stake
Insight Digital Partners Sponsor LLC and Michael Singer reported a significant ownership stake in Insight Digital Partners.
Rhea-AI Filing Summary
Insight Digital Partners Sponsor LLC and Michael Singer reported a significant ownership stake in Insight Digital Partners. They beneficially own 5,540,000 Class B Ordinary Shares, which are convertible into Class A Ordinary Shares and represent 24.1% of the issuer’s ordinary shares based on outstanding shares reported in a recent quarterly report.
The filing shows the Sponsor, a U.S. entity managed by Michael Singer, holds sole voting and dispositive power over these shares. The ownership calculation excludes 5,540,000 Class A Ordinary Shares that could be issued if an equal number of private placement warrants are exercised at $11.50 per share after the issuer’s initial business combination.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Insight Digital Partners does Insight Digital Partners Sponsor LLC report?
Who is Michael Singer in relation to Insight Digital Partners Sponsor LLC (DYOR)?
How is the 24.1% ownership percentage for DYOR calculated in this Schedule 13G?
Are the private placement warrants included in the beneficial ownership reported for DYOR?
What class of securities is covered by this Schedule 13G for Insight Digital Partners (DYOR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.