NorthStrive (NSAIU) sponsor tops 10% with 2.5M Class B stake
Rhea-AI Filing Summary
NorthStrive Acquisition Corp I. (NSAIU) filed an initial ownership report showing that NorthStrive Sponsor I LLC is a more-than-10% owner. The sponsor holds 2,496,320 Class B ordinary shares, par value $0.0001 per share, which were issued to it on June 3, 2026 and are reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NorthStrive Sponsor I LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 2,496,320 shares (Direct)
Footnotes (1)
- F1. Represents 2,496,320 Class B ordinary shares of NorthStrive Acquisition Corp I., par value $0.0001 per share, issued to NorthStrive Sponsor I LLC on June 3, 2026.
Key Figures
Class B ordinary shares held: 2,496,320 shares
Par value per Class B ordinary share: $0.0001 per share
Issuance date of Class B ordinary shares: June 3, 2026
3 metrics
Class B ordinary shares held
2,496,320 shares
Total Class B ordinary shares directly owned by NorthStrive Sponsor I LLC following the reported event
Par value per Class B ordinary share
$0.0001 per share
Par value of NorthStrive Acquisition Corp I. Class B ordinary shares issued to the sponsor
Issuance date of Class B ordinary shares
June 3, 2026
Date on which 2,496,320 Class B ordinary shares were issued to NorthStrive Sponsor I LLC
Key Terms
Class B ordinary shares, ten percent owner, par value
3 terms
ten percent owner regulatory
"NorthStrive Sponsor I LLC is identified as a more-than-ten percent owner."
par value financial
"par value $0.0001 per share, issued to NorthStrive Sponsor I LLC"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
Who is the reporting owner in NorthStrive Acquisition Corp I. (NSAIU)’s Form 3?
The reporting owner is NorthStrive Sponsor I LLC, which is identified as a more-than-10% owner of NorthStrive Acquisition Corp I. It is not reported as a director or officer in this filing.
Is the ownership reported in NSAIU’s Form 3 direct or indirect?
The 2,496,320 Class B ordinary shares of NorthStrive Acquisition Corp I. reported by NorthStrive Sponsor I LLC are characterized as directly owned in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.