Weiss Asset Management reports 5.4% stake in NWAX
New America Acquisition I Corp. (NWAX) received a Schedule 13G reporting that Weiss Asset Management LP, GP LLC and Andrew M. Weiss beneficially own 1,886,812 shares of Class A common stock, representing 5.4% of the class.
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Rhea-AI Filing Summary
New America Acquisition I Corp. (NWAX) received a Schedule 13G reporting that Weiss Asset Management LP, GP LLC and Andrew M. Weiss beneficially own 1,886,812 shares of Class A common stock, representing 5.4% of the class.
The filing shows they have shared power to vote and dispose of these shares, with no sole voting or dispositive power. The stake is held through a private partnership and funds managed by Weiss Asset Management, and each reporting person disclaims beneficial ownership beyond their economic interest.
The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
FAQ
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What ownership stake in NWAX does Weiss Asset Management report?
Who are the reporting persons in the NWAX Schedule 13G filing?
How did the NWAX Schedule 13G describe voting and dispositive power?
What does the NWAX Schedule 13G say about intentions regarding control?
Who signed the NWAX Schedule 13G on behalf of the reporting persons?
AI-generated analysis. How Rhea-AI works. Not financial advice.