Millennium discloses 9.8% Infinite Eagle (IEAGU) stake in 13G filing
Rhea-AI Filing Summary
Infinite Eagle Acquisition Corp. received a Schedule 13G from several Millennium-affiliated entities and Israel A. Englander reporting significant holdings of its Class A ordinary shares.
Integrated Core Strategies (US) LLC reports beneficial ownership of 1,770,000 Class A shares, representing 5.8% of the class, with shared voting and dispositive power over all of these shares. Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each report beneficial ownership of 2,970,000 Class A shares, representing 9.8% of the class, all with shared voting and dispositive power.
The filing explains that these securities are held by entities subject to voting control and investment discretion of Millennium Management LLC and other investment managers potentially controlled by Millennium Group Management LLC and Mr. Englander. The reporting persons certify the shares were not acquired or held to change or influence control of Infinite Eagle Acquisition Corp.
Positive
- None.
Negative
- None.
FAQ
What stake in Infinite Eagle Acquisition Corp. (IEAGU) does Millennium report in this Schedule 13G?
The filing shows Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each reporting beneficial ownership of 2,970,000 Class A ordinary shares, representing 9.8% of Infinite Eagle Acquisition Corp.’s Class A shares.
How many Infinite Eagle (IEAGU) shares does Integrated Core Strategies (US) LLC beneficially own?
Integrated Core Strategies (US) LLC reports beneficial ownership of 1,770,000 Class A ordinary shares of Infinite Eagle Acquisition Corp., representing 5.8% of the outstanding Class A shares, with shared voting and dispositive power over these shares.
Do Millennium and Israel A. Englander have sole or shared voting power over IEAGU shares?
The reporting persons indicate zero sole voting or dispositive power. Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each report shared voting power over 2,970,000 shares and shared dispositive power over 2,970,000 shares of Infinite Eagle Acquisition Corp.
How do Millennium entities and Israel A. Englander describe their beneficial ownership of IEAGU?
The filing states that the securities are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC and Israel A. Englander, and that this should not by itself be construed as an admission of beneficial ownership.
Are the IEAGU shares held by Millennium intended to influence control of Infinite Eagle Acquisition Corp.?
The certification section states that, to the best of the signers’ knowledge and belief, the securities were not acquired and are not held for the purpose of changing or influencing the control of Infinite Eagle Acquisition Corp., and are not held in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.
Who signed the Schedule 13G relating to Infinite Eagle Acquisition Corp. (IEAGU)?
The Schedule 13G is signed by Gil Raviv, Global General Counsel, on behalf of Integrated Core Strategies (US) LLC, Millennium Management LLC and Millennium Group Management LLC, and separately by Israel A. Englander in his own name.