Feis Equities (QSEA) reports 600,132 shares, 5.26% ownership
Rhea-AI Filing Summary
Quartzsea Acquisition Corp filing: an amendment to a Schedule 13G discloses that Feis Equities LLC and Lawrence M. Feis each beneficially own 600,132 shares, representing 5.26% of ordinary shares based on April 23, 2026 and an outstanding share count of 11,409,900.
The filing lists sole voting and dispositive power over the 600,132 shares and provides the reporting persons' business address and CUSIP G7314B104.
Positive
- None.
Negative
- None.
Insights
Minor passive stake disclosed by an affiliated investor and its principal.
The filing shows 600,132 shares held with sole voting and dispositive power by Feis Equities LLC and attributed to Lawrence M. Feis. The stake equals 5.26% of the issuer based on April 23, 2026 outstanding shares.
This disclosure is a routine beneficial-ownership update under Schedule 13G/A; subsequent filings will show changes in holdings or voting power if they occur.
Stake size is below typical control thresholds but notable for disclosure.
The reported position of 600,132 shares is explicitly labeled with sole voting and dispositive authority. The filing references an outstanding base of 11,409,900 shares as of April 23, 2026, which determines the 5.26% calculation.
Cash-flow treatment and any planned transactions are not included; future SEC reports would provide transactional details if holders trade.