6% Praetorian Acquisition Corp. stake disclosed by Millennium (PTORU)
Rhea-AI Filing Summary
Millennium Management LLC and related parties report a significant stake in Praetorian Acquisition Corp. They disclose beneficial ownership of 1,320,000 Class A ordinary shares, representing 6.0% of the outstanding class.
The shares are reported with shared voting and shared dispositive power, and no sole power. Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander certify that the securities were not acquired to change or influence control of Praetorian Acquisition Corp., but as a passive investment under Schedule 13G.
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FAQ
What stake in Praetorian Acquisition Corp. (PTORU) is reported in this Schedule 13G?
The filing reports that 1,320,000 Class A ordinary shares of Praetorian Acquisition Corp. are beneficially owned, representing 6.0% of the class. This indicates a sizable, but not controlling, ownership position in the company’s publicly traded Class A shares.
Who are the reporting persons in the Praetorian Acquisition Corp. (PTORU) Schedule 13G?
The Schedule 13G lists Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander as reporting persons. They report beneficial ownership through entities they control, while including language that the filing should not itself be construed as an admission of beneficial ownership.
Is Millennium’s 6.0% stake in Praetorian Acquisition Corp. (PTORU) a passive investment?
Yes. The certification states the securities were not acquired and are not held to change or influence control of Praetorian Acquisition Corp. They are reported on Schedule 13G, which is used for passive ownership, rather than a control-seeking Schedule 13D.
When did the ownership event occur for the Praetorian Acquisition Corp. (PTORU) Schedule 13G?
The date of the event requiring the Schedule 13G filing is listed as January 23, 2026. Signatures from Millennium’s Global General Counsel and Israel A. Englander are dated January 29, 2026, documenting when the report was formally executed and filed.
How is beneficial ownership by Millennium and Israel A. Englander described in this PTORU filing?
The filing explains that securities are held by entities subject to voting control and investment discretion of Millennium Management LLC and other managers controlled by Millennium Group Management LLC and Israel A. Englander. It adds that this description should not itself be read as an admission of beneficial ownership.