Pinnacle Acquisition director discloses indirect stake

Pinnacle Acquisition Corp director Martin Karen Lynne reported initial ownership status as an insider.

Rhea-AI Filing Summary

Pinnacle Acquisition Corp director Martin Karen Lynne reported initial ownership status as an insider. The report states an indirect pecuniary interest in the company’s Class B ordinary shares through PAC Sponsor, LLC, while noting no voting or dispositive control over those shares.

Key Terms

indirect pecuniary interest, Class B ordinary shares, voting or dispositive control

3 terms

indirect pecuniary interest financial

"The Reporting Person has an indirect pecuniary interest in the Class B ordinary shares"

Class B ordinary shares financial

"indirect pecuniary interest in the Class B ordinary shares of the Issuer"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

voting or dispositive control financial

"over which the Reporting Person does not have voting or dispositive control"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 for PNAQ report about Martin Karen Lynne?

It reports that Martin Karen Lynne is a director of Pinnacle Acquisition Corp and has an indirect pecuniary interest in Class B ordinary shares through PAC Sponsor, LLC, but without voting or dispositive control.

Does the PNAQ Form 3 show any share purchases or sales by Martin Karen Lynne?

No. The Form 3 lists no transactions; it only discloses that Martin Karen Lynne has an indirect pecuniary interest in Class B ordinary shares held through PAC Sponsor, LLC.

How does Martin Karen Lynne hold an interest in Pinnacle Acquisition Corp (PNAQ)?

The filing states an indirect pecuniary interest in Class B ordinary shares of Pinnacle Acquisition Corp through PAC Sponsor, LLC, over which there is no voting or dispositive control.

Does Martin Karen Lynne control voting of the PNAQ Class B ordinary shares mentioned?

No. The report specifies that although there is an indirect pecuniary interest in Class B ordinary shares via PAC Sponsor, LLC, there is no voting or dispositive control over those shares.

Is Martin Karen Lynne a 10% owner of Pinnacle Acquisition Corp (PNAQ)?

No. The reporting details identify Martin Karen Lynne as a director but not a 10% owner, while still disclosing an indirect pecuniary interest in Class B ordinary shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/11/2026 - 08:04 PM Accepted by SEC EDGAR 08/06/2026 - 09:31 PM Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
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1. Name and Address of Reporting Person^*

Martin Karen Lynne

(Last) (First) (Middle)

C/O PINNACLE ACQUISITION CORPORATION

375 SOUTH COUNTY ROAD, SUITE 220

(Street)

PALM BEACH 33480

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
08/06/2026

3. Issuer Name and Ticker or Trading Symbol
Pinnacle Acquisition Corp [ PNAQ ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

The Reporting Person has an indirect pecuniary interest in the Class B ordinary shares of the Issuer through the Reporting Person's interest in PAC Sponsor, LLC, over which the Reporting Person does not have voting or dispositive control.

No securities are beneficially owned.

	/s/ Karen Martin	08/06/2026
	** 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 5 (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 3: SEC 1473 (03-26)