Glazer Capital and Paul Glazer Disclose 594,524-Maywood Shares (4.99%)
Rhea-AI Filing Summary
Glazer Capital, LLC and Paul J. Glazer report beneficial ownership of 594,524 Class A Ordinary Shares of Maywood Acquisition Corp., representing 4.99% of the class. The filing shows shared voting and dispositive power over all reported shares and no sole voting or dispositive power.
Glazer Capital is identified as a Delaware limited liability company and Mr. Glazer as a U.S. citizen. The issuer is Maywood Acquisition Corp., Class A Ordinary Shares, with principal executive offices listed in Albany, New York.
Positive
- Transparent disclosure of holdings showing exact share count (594,524) and percentage (4.99%) provides clarity for investors
Negative
- None.
Insights
TL;DR: A sub-5% disclosed stake provides transparency but is unlikely to alter control or trigger takeover concerns.
The Schedule 13G/A reports an aggregate position of 594,524 shares (4.99%) held with shared voting and dispositive power. For investors, this clarifies an identifiable institutional/insider interest without indicating control intent. The filing classifies Glazer Capital as IA, OO and Paul J. Glazer as IN, which signals an investment adviser/entity relationship and an individual reporting person respectively. Overall, the disclosure is routine and informational.
TL;DR: The disclosure documents coordinated ownership but remains below material-control thresholds.
The report documents shared voting and shared dispositive power for the same 594,524 shares, confirming joint control over voting decisions and dispositions rather than sole authority. At 4.99% of the class, this position falls below common regulatory or bylaw thresholds that typically signal control changes. The filing thus serves governance transparency without indicating a change in issuer control.