FG Imperii (FGIIU) CFO discloses 350,000 Class B stake on Form 3
Rhea-AI Filing Summary
FG Imperii Acquisition Corp. Chief Financial Officer Hassan Baqar filed an initial ownership report showing a derivative holding linked to 350,000 Class B ordinary shares as of January 15, 2026. These Class B shares are reported as being directly owned and will convert into Class A ordinary shares on a one-for-one basis at the time of the company’s initial business combination, subject to anti-dilution adjustments. The filing notes that the Class B ordinary shares have no expiration date, highlighting their ongoing potential to convert into Class A equity in the future.
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FAQ
What does FG Imperii Acquisition Corp. (FGIIU) CFO report on this Form 3?
Chief Financial Officer Hassan Baqar reports an initial beneficial ownership position in Class B ordinary shares, represented by a derivative holding tied to 350,000 underlying shares as of January 15, 2026.
How many FG Imperii (FGIIU) shares does the CFO beneficially own according to the filing?
The filing shows beneficial ownership of derivative securities underlying 350,000 Class B ordinary shares, which are reported as being held directly by the CFO.
What are the conversion terms of FG Imperii’s Class B ordinary shares?
The footnote explains that at the time of FG Imperii’s initial business combination, the Class B ordinary shares will convert into Class A ordinary shares on a one-for-one basis, subject to certain anti-dilution adjustments.
Do the Class B ordinary shares reported by FGIIU’s CFO have an expiration date?
No. The filing states that the Class B ordinary shares have no expiration date, meaning they remain outstanding until converted or otherwise disposed of.
Is this FG Imperii (FGIIU) Form 3 reporting a new transaction or just holdings?
The Form 3 reflects beneficial holdings in Class B ordinary shares as of January 15, 2026. It does not list a purchase or sale transaction code, indicating it is an initial ownership report rather than a trade disclosure.
How are the FG Imperii Class B shares held by the CFO classified in the filing?
The 350,000 Class B ordinary shares are reported as being owned directly by the CFO, with no nature of indirect beneficial ownership noted.