Polar Asset Management (FTRA) reports 7.0% holding in FutureCorp Space Acquisition 1
Rhea-AI Filing Summary
Polar Asset Management Partners Inc., an Ontario, Canada-based investment advisor, reports beneficial ownership of Class A Ordinary Shares of FutureCorp Space Acquisition 1.
Polar, as investment advisor to Polar Multi-Strategy Master Fund, reports beneficial ownership of 1,600,000 Class A Ordinary Shares, representing 7.0% of this class. Polar has sole voting power and sole dispositive power over all 1,600,000 shares, with no shared voting or dispositive power.
Positive
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Negative
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Key Figures
Shares beneficially owned: 1,600,000 shares
Percent of class owned: 7.0%
Sole voting power: 1,600,000 shares
+1 more
4 metrics
Shares beneficially owned
1,600,000 shares
Class A Ordinary Shares of FutureCorp Space Acquisition 1
Percent of class owned
7.0%
Percentage of FutureCorp Space Acquisition 1 Class A Ordinary Shares
Sole voting power
1,600,000 shares
Shares over which Polar has sole power to vote or direct the vote
Sole dispositive power
1,600,000 shares
Shares over which Polar has sole power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power
4 terms
Schedule 13G regulatory
"This statement is filed by Polar Asset Management Partners Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 1600000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 1600000"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1600000"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What percentage of FutureCorp Space Acquisition 1 (FTRA) does Polar Asset Management Partners own?
Polar Asset Management Partners reports beneficial ownership of 7.0% of FutureCorp Space Acquisition 1’s Class A Ordinary Shares. This corresponds to 1,600,000 shares over which it has sole voting and dispositive power.
What type of filing did Polar make regarding FutureCorp Space Acquisition 1 (FTRA)?
Polar Asset Management Partners filed a Schedule 13G regarding FutureCorp Space Acquisition 1. This reflects a passive ownership stake of 1,600,000 Class A shares, representing 7.0% of the outstanding class.
Who signed the Schedule 13G filed for FutureCorp Space Acquisition 1 (FTRA)?
The Schedule 13G was signed by Andrew Ma, Chief Compliance Officer of Polar Asset Management Partners Inc. The signature confirms the reported 1,600,000 shares and 7.0% beneficial ownership position.
AI-generated analysis. How Rhea-AI works. Not financial advice.