W. R. Berkley (QSEA) discloses 8.9% holding in Quartzsea Acquisition Corp
Rhea-AI Filing Summary
W. R. Berkley Corporation, through subsidiary Berkley Insurance Company, reports beneficial ownership of Class A ordinary shares of Quartzsea Acquisition Corp. The group holds 900,000 Class A ordinary shares, representing 8.9% of this class.
The filing states no sole voting or dispositive power over these shares and shared voting and shared dispositive power over all 900,000 shares. Quartzsea Acquisition Corp’s principal executive offices are listed in New York, and W. R. Berkley Corporation’s principal business office is listed in Greenwich, Connecticut.
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Key Figures
Beneficial ownership: 900,000 shares
Percent of class: 8.9%
Shared voting power: 900,000 shares
+2 more
5 metrics
Beneficial ownership
900,000 shares
Class A ordinary shares beneficially owned by W. R. Berkley Corporation
Percent of class
8.9%
Percentage of Quartzsea Acquisition Corp Class A ordinary shares
Shared voting power
900,000 shares
Shares over which there is shared power to vote or direct the vote
Shared dispositive power
900,000 shares
Shares over which there is shared power to dispose or direct disposition
Par value
$0.0001 per share
Par value of Class A ordinary share of Quartzsea Acquisition Corp
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 900,00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
""Identification and Classification of the Subsidiary Which Acquired the Security Being Reported""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in QSEA does W. R. Berkley Corporation report?
W. R. Berkley Corporation reports beneficial ownership of 900,000 Class A shares of Quartzsea Acquisition Corp, representing 8.9% of that class, with shared voting and dispositive power over all of these shares.
Where are Quartzsea Acquisition Corp (QSEA) and W. R. Berkley based?
Quartzsea Acquisition Corp’s principal executive offices are at 1185 Avenue of the Americas, New York, NY 10036. W. R. Berkley Corporation’s principal business office is at 475 Steamboat Road, Greenwich, CT 06830.