Keystone Acquisition Corp. (KEYYU) director discloses 35,000 Class B shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Keystone Acquisition Corp. director Martin J. Payne filed an initial Form 3 showing beneficial ownership of 35,000 Class B ordinary shares. These Class B shares are directly held, are convertible into the company’s Class A ordinary shares, and, according to the disclosure, have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Payne Martin J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 35,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Class B shares owned: 35,000 shares
Underlying Class A shares: 35,000 shares
Exercise price: $0.00 per share
3 metrics
Class B shares owned
35,000 shares
Total Class B ordinary shares directly owned after reported holding
Underlying Class A shares
35,000 shares
Class A ordinary shares underlying the Class B ordinary shares
Exercise price
$0.00 per share
Conversion/exercise price disclosed for Class B into Class A
Key Terms
Class B ordinary shares, Class A ordinary shares, Registration Statement on Form S-1, beneficial ownership
4 terms
Registration Statement on Form S-1 regulatory
"as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.
beneficial ownership financial
"filed an initial Form 3 showing beneficial ownership of 35,000 Class B ordinary shares"
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.
FAQ
What does the Keystone Acquisition Corp. (KEYYU) Form 3 for Martin J. Payne report?
The Form 3 reports that director Martin J. Payne beneficially owns 35,000 Class B ordinary shares of Keystone Acquisition Corp. These shares are directly held and represent his initial reported ownership position as an insider of the company.
Is the Keystone Acquisition Corp. Form 3 for Martin J. Payne a buy or sell transaction?
The Form 3 is an initial beneficial ownership report, not a buy or sell trade. It records Martin J. Payne’s existing direct ownership of 35,000 Class B ordinary shares when he became a reporting insider of Keystone Acquisition Corp.