Eureka Acquisition Corp (EURK) reporting group trims indirect share stake

Rhea-AI Filing Summary

Eureka Acquisition Corp had a group of affiliated investors report a series of open‑market sales of its Class A ordinary shares. The transactions occurred on several dates between 11/04/2025 and 12/10/2025, with small blocks of shares sold at prices such as $10.88, $10.89, $10.91 and $11.07 per share.

After these sales, 395,924 Class A ordinary shares were reported as beneficially owned indirectly through Wolverine Flagship Fund Trading Limited. The report is a joint filing by Wolverine Flagship Fund Trading Limited and related entities, including Wolverine Asset Management, LLC, which state they may be deemed to beneficially own the reported shares through their roles with the fund while disclaiming beneficial ownership beyond their pecuniary interests.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WOLVERINE ASSET MANAGEMENT LLC

(Last) (First) (Middle)

175 WEST JACKSON

SUITE 340

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Eureka Acquisition Corp [ EURK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	11/04/2025		S		20	D	$10.88	398,358	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	11/05/2025		S		18	D	$10.88	398,340	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	11/06/2025		S		4	D	$10.88	398,336	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	11/07/2025		S		1,000	D	$10.88	397,336	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	12/01/2025		S		10	D	$10.89	397,326	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	12/05/2025		S		2	D	$10.91	397,324	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	12/09/2025		S		1,000	D	$10.89	396,324	I	by Wolverine Flagship Fund Trading Limited(1)
Class A Ordinary Shares	12/10/2025		S		400	D	$11.07	395,924	I	by Wolverine Flagship Fund Trading Limited(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

WOLVERINE ASSET MANAGEMENT LLC

(Last) (First) (Middle)

175 WEST JACKSON

SUITE 340

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Wolverine Holdings, L.P.

(Last) (First) (Middle)

175 W. JACKSON BLVD.

SUITE 200

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Wolverine Trading Partners, Inc.

(Last) (First) (Middle)

175 WEST JACKSON BLVD

SUITE 200

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bellick Robert

(Last) (First) (Middle)

175 W. JACKSON BLVD.

SUITE 200

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Gust Christopher

(Last) (First) (Middle)

175 W. JACKSON BLVD.

SUITE 200

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The Securities are held by Wolverine Flagship Fund Trading Limited (the "Fund"). Wolverine Asset Management, LLC ("WAM") is the manager of the Fund, the sole member and manager of WAM is Wolverine Holdings, L.P. ("WH"), and Robert R. Bellick and Christopher L. Gust may be deemed to control Wolverine Trading Partners, Inc. the general partner of WH. In such capacities, each of the Reporting Persons may be deemed to beneficially own the securities reported herein, but disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest in them.

	Kenneth Nadel, Chief Operating Officer of Wolverine Asset Management, LLC	12/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does this Eureka Acquisition Corp (EURK) insider filing report?

The filing reports multiple open‑market sales of Class A ordinary shares of Eureka Acquisition Corp by an affiliated investor group, with each transaction listed by date, share amount, and sale price.

Who are the reporting persons associated with the EURK share sales?

The securities are held by Wolverine Flagship Fund Trading Limited. Wolverine Asset Management, LLC is the fund’s manager, and Wolverine Holdings, L.P. and individuals Robert R. Bellick and Christopher L. Gust may be deemed to beneficially own the reported shares through their roles, while disclaiming ownership beyond their pecuniary interests.

How many Eureka Acquisition Class A shares are beneficially owned after the reported trades?

Following the reported transactions, the filing shows 395,924 Class A ordinary shares of Eureka Acquisition Corp as beneficially owned indirectly through Wolverine Flagship Fund Trading Limited.

On what dates and at what prices were EURK shares sold?

The table lists sales of Class A ordinary shares on 11/04/2025, 11/05/2025, 11/06/2025, 11/07/2025, 12/01/2025, 12/05/2025, 12/09/2025 and 12/10/2025, at prices including $10.88, $10.89, $10.91 and $11.07 per share.

Are any derivative securities reported in this EURK Form 4 filing?

The filing includes a section for Derivative Securities, but no derivative transactions are listed; the reported activity involves only non‑derivative Class A ordinary shares.

Is this Eureka Acquisition Corp Form 4 filed by more than one reporting person?

Yes. The document indicates that the Form is filed by more than one reporting person, reflecting a joint report by Wolverine Flagship Fund Trading Limited and its related entities and individuals.