Adage Capital discloses 7.63% Irenic Acquisition Corp (IACQ) stake in Schedule 13G
Rhea-AI Filing Summary
Adage Capital Management, L.P. and related reporting persons disclosed a passive ownership stake in Irenic Acquisition Corp. They report beneficial ownership of 1,980,000 Class A Ordinary Shares, representing 7.63% of the class, based on 25,958,252 shares outstanding as of May 1, 2026.
The shares are held by Adage Capital Partners, L.P., with no sole voting or dispositive power reported and shared voting and dispositive power over all 1,980,000 shares attributed to Adage Capital Management, Robert Atchinson, and Phillip Gross in their respective managerial capacities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,980,000 Class A Ordinary Shares
Percent of class: 7.63%
Shares outstanding: 25,958,252 Class A Ordinary Shares
+2 more
5 metrics
Shares beneficially owned
1,980,000 Class A Ordinary Shares
Beneficial ownership reported by Adage Capital Management and affiliated reporting persons
Percent of class
7.63%
Beneficial ownership percentage of Irenic Acquisition Corp Class A Ordinary Shares
Shares outstanding
25,958,252 Class A Ordinary Shares
Shares outstanding as of May 1, 2026, used to calculate ownership percentage
Shared voting power
1,980,000 shares
Number of shares over which each reporting person has shared voting power
Sole voting power
0 shares
Number of shares over which each reporting person has sole voting power
Key Terms
beneficial ownership, shared voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficial ownership financial
"The filing of this statement should not be construed as an admission as to beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,980,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"The percentage set forth in this is calculated as required for Schedule 13G reporting"
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.
investment manager financial
"Adage Capital Management, L.P., as the investment manager of Adage Capital Partners, L.P."
FAQ
What percentage of Irenic Acquisition Corp (IACQ) does Adage Capital report owning?
Adage Capital and affiliated reporting persons report beneficial ownership of 7.63% of Irenic Acquisition Corp’s Class A Ordinary Shares. This is based on 25,958,252 shares outstanding as of May 1, 2026, as cited in the company’s disclosure.
Who are the reporting persons in the Irenic Acquisition Corp (IACQ) Schedule 13G?
The reporting persons are Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross. Adage Capital Management acts as investment manager to Adage Capital Partners, L.P., which directly holds the shares, while Atchinson and Gross are managing members of related general partner entities.
Where are the reporting persons for Irenic Acquisition Corp (IACQ) based?
The principal business office of all reporting persons is at 200 Clarendon Street, 52nd Floor, Boston, Massachusetts 02116. Adage Capital Management is a Delaware limited partnership, and Messrs. Atchinson and Gross are citizens of the United States.
AI-generated analysis. How Rhea-AI works. Not financial advice.