Magnetar group discloses 5.21% OceanHawk Acquisition Corp (OHAC) ownership on 13G
Rhea-AI Filing Summary
OceanHawk Acquisition Corp received a beneficial ownership report from Magnetar Financial LLC and related entities regarding its Class A ordinary shares. As of June 30, 2026, the reporting group collectively held 986,320 shares, representing 5.21% of the outstanding Class A shares.
The holdings are spread across several Magnetar-managed funds, with Magnetar Financial serving as investment adviser and exercising voting and investment power over these accounts. The ownership percentage is based on 18,930,000 shares outstanding as of May 27, 2026, as referenced from issuer information. Voting and dispositive power over all reported shares is shared among the reporting persons.
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Key Figures
Beneficially owned shares: 986,320 shares
Ownership percentage: 5.21%
Shares outstanding: 18,930,000 shares
+2 more
5 metrics
Beneficially owned shares
986,320 shares
Class A ordinary shares beneficially owned as of June 30, 2026
Ownership percentage
5.21%
Percent of OceanHawk Class A shares beneficially owned by reporting persons
Shares outstanding
18,930,000 shares
OceanHawk Class A shares outstanding as of May 27, 2026
Constellation Master Fund holding
226,853 shares
Portion of OceanHawk shares held for Magnetar Constellation Master Fund, Ltd
Structured Credit Fund holding
216,991 shares
Portion of OceanHawk shares held for Magnetar Structured Credit Fund, LP
Key Terms
beneficial owner, shared voting power, shared dispositive power, Rule 13d-3(d)(1)(i), +1 more
5 terms
beneficial owner financial
"each of the Reporting Persons were deemed to be the beneficial owner constituting approximately 5.21%"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Rule 13d-3(d)(1)(i) regulatory
"calculated pursuant to Rule 13d-3(d)(1)(i) of the outstanding shares of the Issuer"
Power of Attorney regulatory
"Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What stake in OceanHawk Acquisition Corp (OHAC) does Magnetar report on this Schedule 13G?
Magnetar and related reporting persons report beneficial ownership of 986,320 Class A shares of OceanHawk Acquisition Corp, representing 5.21% of the outstanding Class A ordinary shares, based on 18,930,000 shares outstanding as of May 27, 2026.
Which entities are reporting beneficial ownership of OHAC on this Schedule 13G?
The filing is made on behalf of Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, in connection with shares held across various Magnetar funds for which Magnetar Financial acts as investment adviser.
How is the 5.21% ownership in OHAC calculated in the Magnetar Schedule 13G?
The 5.21% beneficial ownership is calculated under Rule 13d-3(d)(1)(i) using an issuer-reported total of 18,930,000 Class A shares outstanding as of May 27, 2026, as referenced from OceanHawk’s Form 8-K disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.