STOCK TITAN

Adage entities disclose 1.44M-share Patriot Acquisition Corp. (PTAC) position

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Adage Capital Management, L.P. and related parties report a significant passive stake in Patriot Acquisition Corp. They collectively report beneficial ownership of 1,440,000 Class A ordinary shares of Patriot Acquisition Corp., representing 8.23% of that class, based on 17,500,000 Class A ordinary shares outstanding as of June 29, 2026.

The shares are directly held by Adage Capital Partners, L.P., with investment authority exercised by Adage Capital Management, L.P. Voting and dispositive power over these shares is reported as shared, with no sole voting or dispositive power for any reporting person. Robert Atchinson and Phillip Gross report this ownership through their managing member roles in the Adage-related entities.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 1,440,000 Class A ordinary shares Beneficially owned by the reporting persons
Ownership percentage 8.23% Percentage of Patriot Acquisition Corp. Class A ordinary shares
Shares outstanding 17,500,000 Class A ordinary shares Outstanding as of June 29, 2026
Sole voting power 0 shares Reported for each reporting person
Shared voting power 1,440,000 shares Reported for each reporting person
Shared dispositive power 1,440,000 shares Reported for each reporting person
beneficial ownership financial
"The percentage set forth in this is calculated based upon an aggregate of"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting power financial
"6 | Shared Voting Power 1,440,000.00 7 | Sole Dispositive Power 0.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"8 | Shared Dispositive Power 1,440,000.00 9 1,440,000.00"
Class A Ordinary Shares financial
"with respect to the Class A ordinary shares, par value $0.0001 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
CUSIP Number financial
"(d) | Title of class of securities: Class A Ordinary Shares ... (e) | CUSIP Number(s):"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

FAQ

How many Patriot Acquisition Corp. (PTAC) shares do the Adage entities beneficially own?

The Adage-related reporting persons beneficially own 1,440,000 Class A ordinary shares of Patriot Acquisition Corp. This stake is held directly by Adage Capital Partners, L.P., with investment authority exercised by Adage Capital Management, L.P.

What percentage of Patriot Acquisition Corp. (PTAC) does Adage report owning?

Adage and related reporting persons report beneficial ownership of 8.23% of Patriot Acquisition Corp.’s Class A ordinary shares. This percentage is based on 17,500,000 Class A ordinary shares outstanding as of June 29, 2026.

Who are the reporting persons in the Patriot Acquisition Corp. (PTAC) Schedule 13G?

The reporting persons are Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross. The shares are directly held by Adage Capital Partners, L.P., with authority attributed through various Adage general partner and managing member entities.

What voting power over Patriot Acquisition Corp. (PTAC) shares do the Adage reporting persons have?

Each reporting person discloses 0 shares with sole voting power and 1,440,000 shares with shared voting power. All 1,440,000 Class A ordinary shares are reported as subject to shared voting and investment authority.

Where are the Adage reporting persons for Patriot Acquisition Corp. (PTAC) based?

The principal business address for the reporting persons is 200 Clarendon Street, 52nd Floor, Boston, Massachusetts 02116. Adage Capital Management, L.P. is organized in Delaware, and Messrs. Atchinson and Gross are citizens of the United States.

How was the Patriot Acquisition Corp. (PTAC) ownership percentage of 8.23% calculated?

The 8.23% figure is calculated by comparing the 1,440,000 Class A ordinary shares reported as beneficially owned to 17,500,000 Class A ordinary shares outstanding, as of June 29, 2026, as referenced in the company’s reported outstanding share count.

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

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Learn about SEC filing dates





G6951A106

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Adage Capital Management, L.P.
Signature:/s/ Robert Atchinson
Name/Title:By: Adage Capital Partners, L.L.C., its General Partner, By: Robert Atchinson, its Managing Member
Date:08/12/2026
Robert Atchinson
Signature:/s/ Robert Atchinson
Name/Title:Robert Atchinson, individually
Date:08/12/2026
Phillip Gross
Signature:/s/ Phillip Gross
Name/Title:Phillip Gross, individually
Date:08/12/2026
Exhibit Information

Exhibit 99.1: Joint Filing Agreement