Over-allotment termination costs Casper 99K Peace (PECE) shares

Rhea-AI Filing Summary

Peace Acquisition Corp. major shareholder Casper Holding LP reported a disposition of ordinary shares back to the company. On this Form 4, Casper forfeited 99,000 ordinary shares at a stated price of $0.0000 per share, reducing its direct holdings to 660,000 shares after the transaction.

According to the footnote, the forfeiture occurred because the underwriters of Peace Acquisition Corp.’s initial public offering terminated their over-allotment option without exercising any portion of it. This makes the event a technical adjustment related to the IPO structure rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Casper Holding LP

Role null

Type	Security	Shares	Price	Value
Disposition	Ordinary Shares	99,000	$0.00	--

Holdings After Transaction: Ordinary Shares — 660,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 99,000 shares Price per share: $0.0000 per share Shares after transaction: 660,000 shares

3 metrics

Shares disposed 99,000 shares Ordinary shares forfeited to issuer on disposition

Price per share $0.0000 per share Stated transaction price for forfeited ordinary shares

Shares after transaction 660,000 shares Direct holdings of Casper Holding LP following disposition

Key Terms

Disposition to issuer, over-allotment option, initial public offering

3 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer""

over-allotment option financial

"underwriters ... terminating the over-allotment option of the IPO"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

initial public offering financial

"the Issuer's initial public offering (the "IPO")"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Casper Holding LP

(Last) (First) (Middle)

C/O PEACE ACQUISITION CORP

205 W. 37TH STREET

(Street)

NEW YORK NEW YORK 10018

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Peace Acquisition Corp. [ PECE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/10/2026		D		99,000(1)	D	$0	660,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares forfeited by the reporting person as a result of the underwriters of the Issuer's initial public offering (the "IPO") terminating the over-allotment option of the IPO without exercising any portion thereof.

	/s/ Casper Holding LP by Taylor Zhang, Manager	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Casper Holding LP report for Peace Acquisition Corp. (PECE)?

Casper Holding LP reported a disposition of ordinary shares back to Peace Acquisition Corp. It forfeited 99,000 ordinary shares in a non-market transaction tied to the IPO structure, rather than executing an open-market sale or purchase of PECE shares.

How many Peace Acquisition Corp. (PECE) shares did Casper Holding LP forfeit and at what price?

Casper Holding LP forfeited 99,000 ordinary shares of Peace Acquisition Corp. at a stated price of $0.0000 per share. This reflects a return or cancellation of shares to the issuer, not a cash sale, consistent with the Form 4 description of disposition to issuer.

How many Peace Acquisition Corp. (PECE) shares does Casper Holding LP hold after this Form 4 transaction?

After the reported disposition, Casper Holding LP directly holds 660,000 ordinary shares of Peace Acquisition Corp. The filing shows this post-transaction balance, indicating Casper remains a significant holder even after the IPO-related forfeiture of 99,000 shares.

Was Casper Holding LP’s Peace Acquisition Corp. (PECE) transaction an open-market sale?

The transaction was not an open-market sale. The Form 4 classifies it as a “Disposition to issuer,” and the stated price is $0.0000 per share, indicating a forfeiture or return of shares to the company rather than a sale on the open market.

Why were Casper Holding LP’s Peace Acquisition Corp. (PECE) shares forfeited?

The shares were forfeited because the underwriters of Peace Acquisition Corp.’s initial public offering terminated their over-allotment option without exercising any portion. The footnote explains that this triggered the forfeiture of 99,000 shares held by Casper Holding LP.