Equinox details GalaxyEdge founder shares and rights

Equinox Capital Solutions Ltd filed an initial ownership report for GalaxyEdge Acquisition Corp, showing a significant stake as a ten percent owner.

Rhea-AI Filing Summary

Equinox Capital Solutions Ltd filed an initial ownership report for GalaxyEdge Acquisition Corp, showing a significant stake as a ten percent owner. The filing lists beneficial ownership of 3,720,000 ordinary shares, described in a footnote as founder shares acquired before the company’s initial public offering.

Equinox also holds 227,500 rights issued in a private placement completed at the same time as the IPO. Each right is exchangeable for one-fourth of one ordinary share upon completion of GalaxyEdge’s initial business combination, representing 56,875 underlying ordinary shares at an exercise price of $0.0000 per share.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Equinox Capital Solutions Ltd

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Rights	--	--	--
holding	Ordinary Shares, par value $0.0001 per share	--	--	--

Holdings After Transaction: Rights — 56,875 contracts (Direct); Ordinary Shares, par value $0.0001 per share — 3,720,000 shares (Direct)

Footnotes (2)

1. F1. Includes 3,720,000 ordinary shares of the Issuer acquired by Equinox Capital Solutions Limited prior to the Issuer 's initial public offering. Such shares represent founder shares issued to the Sponsor.
2. F2. Includes 227,500 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer 's initial public offering. Each right is exchangeable for one-fourth of one ordinary share upon the completion of the Issuer 's initial business combination.

Key Figures

Ordinary shares held: 3,720,000 shares Rights held: 227,500 rights Underlying shares from rights: 56,875 shares +3 more

6 metrics

Ordinary shares held 3,720,000 shares Founder shares acquired before the initial public offering

Rights held 227,500 rights Underlying private placement units sold alongside the IPO

Underlying shares from rights 56,875 shares Each right exchangeable for one-fourth of one ordinary share

Exercise price of rights $0.0000 per share Exercise price for underlying ordinary shares in derivative summary

Post-report ordinary shares 3,720,000 shares Total ordinary shares following the reported holdings

Post-report rights underlying shares 56,875 shares Underlying ordinary shares associated with rights holdings

Key Terms

founder shares, initial public offering, private placement units, rights, +1 more

5 terms

founder shares financial

"Such shares represent founder shares issued to the Sponsor."

Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.

initial public offering financial

"acquired by Equinox Capital Solutions Limited prior to the Issuer 's initial public offering."

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

private placement units financial

"rights underlying the private placement units, which were sold in a private placement"

rights financial

"Includes 227,500 rights underlying the private placement units"

Rights are special privileges that give existing shareholders the opportunity to buy additional shares of a company's stock before they are offered to the public. They help investors maintain their ownership percentage and can be seen as a way to protect their investment stake. Think of rights like a VIP pass allowing current investors to purchase new shares first, ensuring they can preserve their influence in the company.

initial business combination financial

"Each right is exchangeable for one-fourth of one ordinary share upon the completion of the Issuer 's initial business combination."

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Equinox Capital Solutions Ltd report owning in GalaxyEdge Acquisition Corp (GLED)?

Equinox Capital Solutions Ltd reports beneficial ownership of 3,720,000 ordinary shares of GalaxyEdge Acquisition Corp. A footnote explains these are founder shares acquired before the company’s initial public offering and issued to the sponsor as part of the SPAC formation structure.

How many rights tied to GalaxyEdge Acquisition Corp (GLED) does Equinox hold?

Equinox holds 227,500 rights underlying private placement units sold in a private placement alongside GalaxyEdge’s IPO. Each right is exchangeable for one-fourth of one ordinary share upon completion of GalaxyEdge’s initial business combination, giving additional equity exposure.

What is the underlying share amount for Equinox’s GalaxyEdge (GLED) rights position?

The rights position represents 56,875 underlying ordinary shares of GalaxyEdge Acquisition Corp, according to the derivative holdings data. These underlying shares become issuable when each right converts into one-fourth of one ordinary share following the company’s initial business combination.

Are Equinox’s holdings in GalaxyEdge (GLED) direct or indirect?

The filing classifies Equinox’s ownership in GalaxyEdge Acquisition Corp as direct, with the ownership code marked “D” for both the ordinary shares and the rights. No footnote in this report states any disclaimer of voting or investment authority over these securities.

Do the reported GalaxyEdge (GLED) holdings show recent buying or selling by Equinox?

The report is a Form 3, which primarily lists existing holdings rather than new transactions. The entries are coded as holdings with unknown transaction codes, and the transaction summary shows no buy, sell, exercise, gift, or restructuring activity associated with this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 02:44 PM Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Equinox Capital Solutions Ltd

(Last) (First) (Middle)

ASIA LEADING CHAMBERS

(Street)

ROAD TOWN VG1110

(City) (State) (Zip)

VIRGIN ISLANDS, BRITISH

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/03/2026

3. Issuer Name and Ticker or Trading Symbol
GalaxyEdge Acquisition Corp [ GLEDU ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	3,720,000(1)	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Rights	(2)	(2)	Ordinary Shares	56,875(2)	(2)	D

Explanation of Responses:

1. Includes 3,720,000 ordinary shares of the Issuer acquired by Equinox Capital Solutions Limited prior to the Issuer 's initial public offering. Such shares represent founder shares issued to the Sponsor.

2. Includes 227,500 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer 's initial public offering. Each right is exchangeable for one-fourth of one ordinary share upon the completion of the Issuer 's initial business combination.

	/s/ Ping Zhang, Managing Member of Equinox Capital Solutions Ltd.	04/06/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)