Director exits EQV Ventures (FTW U) Class A stake in merger deal
Rhea-AI Filing Summary
EQV Ventures Acquisition Corp. director Bryan Summers reported a disposition of 40,000 Class A ordinary shares back to the company at a stated price of $0.00 per share. The shares were automatically surrendered and cancelled in connection with the issuer’s initial business combination and converted on a one-for-one basis into the right to receive Class A common stock of the combined company. Following this closing, Summers holds zero EQV Ventures Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares
Net Sell
1 txn
Insider
Summers Bryan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A ordinary shares | 40,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A ordinary shares — 0 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Business Combination Agreement dated August 5, 2025, on March 4, 2026, the Issuer consummated its initial business combination with Presidio Production Company, f/k/a Presidio PubCo Inc. ("PubCo"), with the Issuer surviving as a subsidiary of PubCo (the "Closing"). At the Closing, these securities were automatically surrendered and cancelled and converted into the right to receive shares of PubCo's Class A common stock on a one-for-one basis. Following such transaction, the reporting person owns zero Class A ordinary shares.
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FAQ
What insider transaction did Bryan Summers report for EQV (FTW U)?
Bryan Summers reported disposing of 40,000 EQV Ventures Acquisition Corp. Class A ordinary shares. The shares were surrendered to the issuer as part of the closing of its initial business combination and converted into the right to receive Class A common stock of the new parent company.