Sponsor of EQV Ventures Acquisition (FTWU) transfers 117,686 shares to Fort Baker
Rhea-AI Filing Summary
EQV Ventures Acquisition Corp. reported an insider reallocation of its securities linked to its pending Business Combination. On February 27, 2026, EQV Ventures Sponsor LLC transferred 117,686 Class A ordinary shares and related units, for no cash consideration, to Fort Baker Capital Management LP.
Each unit consisted of one Class A ordinary share and one-third of a warrant, with fractional warrants rounded down. In return, Fort Baker agreed not to redeem its shares at the extraordinary general meeting called to approve, among other items, the Business Combination.
The filing also shows the Sponsor directly holding 133,332 warrants, each exercisable to purchase one Class A ordinary share starting 30 days after completion of the initial business combination and expiring five years after completion, subject to earlier termination if no business combination is completed within the required period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Warrants | 39,228 | $0.00 | -- |
| Other | Class A ordinary shares | 117,686 | $0.00 | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (1)
- Reference is made to that certain Business Combination Agreement, dated as of August 5, 2025 (the "Business Combination"), by and among the issuer, Presidio PubCo Inc. ("Presidio"), a Delaware corporation and a direct, wholly-owned subsidiary of the issuer, Prometheus PubCo Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Presidio, Prometheus Holdings LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of the issuer, ("EQV Holdings"), Prometheus Merger Sub LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of EQV Holdings, and Presidio Investment Holdings LLC, a Delaware limited liability company. On February 27, 2026, the Reporting Person transferred, for no consideration, 117,686 Class A ordinary shares following the separation of an equal number of units into its constituent securities (each unit consisting of one Class A ordinary share and one-third of one warrant, each whole warrant exercisable to purchase one Class A ordinary share), with fractional warrants being rounded down to the nearest whole warrant, to Fort Baker Capital Management LP, a shareholder of the issuer ("Fort Baker"), in exchange for Fort Baker's agreement not to redeem shares held by it at the extraordinary general meeting of the issuer held to approve, among other things, the Business Combination. Represents shares underlying units (each unit consisting of one Class A ordinary share and one-third of one warrant, each whole warrant exercisable to purchase one Class A ordinary share), warrants or Class B ordinary shares, as applicable, directly held by EQV Ventures Sponsor LLC (the "Sponsor"). The Sponsor is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerome Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the securities directly held by the Sponsor except to the extent of his pecuniary interest therein. The business address of each of these individuals is c/o EQV Ventures Acquisition Corp., 1090 Center Drive, Park City, UT 84098. Represents Class A ordinary shares held individually by Jerome C. Silvey. Each of the other Reporting Person's disclaim beneficial ownership of such Class A ordinary shares. Each warrant, which is directly held by the Sponsor, will become exercisable 30 days after the completion by the issuer of an initial business combination. Each warrant will expire five years after the completion by the issuer of an initial business combination; provided that the warrants will expire earlier if the issuer has not completed an initial business combination within the required time period and liquidates the trust account in connection therewith.