Futurewave Acquisition (FWAC) stake of 59,576 shares reported by Feis Equities
Rhea-AI Filing Summary
Futurewave Acquisition Corporation has a large shareholder disclosure from Feis Equities LLC and Lawrence M. Feis. They report beneficial ownership of 59,576 ordinary shares, representing 0.69% of the class, based on 8,625,000 ordinary shares outstanding as of June 26, 2026.
Both reporting persons have sole voting and dispositive power over 59,576 shares and no shared power. The filing confirms that this position represents ownership of 5 percent or less of Futurewave Acquisition Corporation’s outstanding ordinary shares. The two reporting persons have entered into a joint filing agreement for this Schedule 13G/A.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 59,576 shares
Ownership percentage: 0.69%
Shares outstanding: 8,625,000 shares
+3 more
6 metrics
Beneficial ownership
59,576 shares
Ordinary shares of Futurewave Acquisition Corporation beneficially owned by the reporting persons
Ownership percentage
0.69%
Percent of Futurewave Acquisition ordinary shares beneficially owned
Shares outstanding
8,625,000 shares
Ordinary shares outstanding as of June 26, 2026, used to calculate ownership
Sole voting power
59,576 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Sole dispositive power
59,576 shares
Shares over which the reporting persons have sole power to dispose or direct disposition
Ownership threshold
5 percent or less
The reporting persons state ownership of 5 percent or less of the class
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G/A, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 59,576"
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
"5 | Sole Voting Power 59,576.00 6 | Shared Voting Power 0.00"
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
"7 | Sole Dispositive Power 59,576.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G/A regulatory
"Ownership of 5 percent or less of a class "
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Joint Filing Agreement regulatory
"Exhibit A - Joint Filing Agreement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who are the reporting persons in this Futurewave Acquisition (FWAC) Schedule 13G/A?
The reporting persons are Feis Equities LLC and Lawrence M. Feis. Both list their business address as 1740 Waukegan Road, Suite 206, Glenview, Illinois 60025, and they have entered into a joint filing agreement.
Does the Feis Equities LLC stake exceed 5% of Futurewave Acquisition (FWAC)?
No. The filing explicitly states ownership of 5 percent or less of a class. Their 59,576 beneficially owned shares represent 0.69% of Futurewave Acquisition Corporation’s 8,625,000 outstanding ordinary shares.
What type of securities of Futurewave Acquisition (FWAC) are reported in this filing?
The filing covers ordinary shares of Futurewave Acquisition Corporation with a par value of 0.0001. These are identified by title of class: Ordinary shares (par value .0001) and CUSIP G37073106.