EURK insider update: triggered by 3,038,722 share redemptions
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Eureka Acquisition Corp (EURK) reporting persons filed an amended Form 3 to reflect a change in status to over 10% beneficial ownership following shareholder redemptions. The filing lists 398,392 Class A Ordinary Shares beneficially owned indirectly by Wolverine Asset Management, LLC as manager of Wolverine Flagship Fund Trading Limited. The status change was triggered by the redemption of 3,038,722 shares by other holders, as reported on July 2, 2025, and the reporting persons state they have not acquired additional shares since being pushed above 10%.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOLVERINE ASSET MANAGEMENT LLC, Wolverine Holdings, L.P., Wolverine Trading Partners, Inc., Gust Christopher, Bellick Robert
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 398,392 shares (Indirect, By Wolverine Asset Management, LLC as Manager of Wolverine Flagship Fund Trading Limited)
Footnotes (1)
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FAQ
What did EURK disclose in this Form 3/A amendment?
It reports that the reporting persons became over 10% beneficial owners due to the redemption of 3,038,722 shares by other holders and did not acquire new shares.
What caused the reporting persons to exceed 10% ownership in EURK?
The change was triggered by 3,038,722 share redemptions by other shareholders announced on July 2, 2025.
Is the ownership direct or indirect?
It is listed as indirect, held by Wolverine Asset Management, LLC as manager of Wolverine Flagship Fund Trading Limited.
Why was an amendment necessary?
The amendment corrects a prior filing that was made solely by Wolverine Asset Management, LLC and now reflects multiple reporting persons.