STOCK TITAN

LMR group discloses 8.0% RRE Ventures Acquisition stake in Schedule 13G (RREV)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

RRE Ventures Acquisition Corp. has a large shareholder group led by the LMR investment management entities and individuals Ben Levine and Stefan Renold (the Reporting Persons). As of June 30, 2026, funds they manage held 2,000,000 Class A ordinary shares, representing 8.0% of the outstanding Class A ordinary shares, based on 25,000,000 shares outstanding as of May 22, 2026. These shares are held through LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd, each of which acquired 1,000,000 Units in the SPAC’s IPO.

Each Unit consists of one Class A share and one-third of a redeemable warrant, so each fund also directly holds warrants to purchase 333,333 Class A shares. The warrants have an exercise price of $11.50 per share, become exercisable 30 days after completion of the initial business combination, and expire five years after that business combination or earlier upon redemption or liquidation. The Reporting Persons report shared voting and dispositive power over all 2,000,000 shares and no sole voting or dispositive power.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 2,000,000 Class A ordinary shares Beneficially owned by the Reporting Persons as of June 30, 2026
Ownership percentage 8.0% Percentage of outstanding Class A ordinary shares based on 25,000,000 shares
Shares outstanding 25,000,000 Class A ordinary shares Issuer shares outstanding as of May 22, 2026, per Form 10-Q
Units acquired per fund 1,000,000 Units Units acquired by each of LMR Master Fund and LMR CCSA Master Fund in the IPO
Warrants per fund 333,333 warrants Warrants to purchase Class A shares held by each fund via the Units
Warrant exercise price $11.50 per Class A ordinary share Exercise price of the redeemable warrants attached to the Units
Shared voting power 2,000,000 Class A ordinary shares Shares over which each Reporting Person has shared power to vote
Shared dispositive power 2,000,000 Class A ordinary shares Shares over which each Reporting Person has shared power to dispose
beneficially owned financial
"The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held"
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.
shared voting power financial
"each of the Reporting Persons had shared power to vote or direct the vote of 2,000,000"
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
"each of the Reporting Persons had shared power to dispose or to direct the disposition of 2,000,000"
redeemable warrant financial
"each Unit consisting of one Class A ordinary share and one-third of one redeemable warrant"
A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

What stake in RREV does LMR report in this Schedule 13G?

LMR-managed funds report beneficial ownership of 2,000,000 Class A ordinary shares of RRE Ventures Acquisition Corp. (RREV), representing approximately 8.0% of the company’s outstanding Class A ordinary shares as of June 30, 2026.

How many RREV Units did each LMR fund acquire in the IPO?

LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd each acquired 1,000,000 Units in RREV’s IPO. Each Unit consists of one Class A ordinary share and one-third of one redeemable warrant.

What warrants linked to RREV shares do the LMR funds hold?

By holding the IPO Units, each LMR fund directly holds warrants to purchase 333,333 Class A shares. These warrants carry a per-share exercise price of $11.50 under the SPAC’s warrant terms.

When can the RREV warrants held by LMR be exercised?

The RREV warrants held by the LMR funds become exercisable 30 days after completion of the issuer’s initial business combination. They will expire five years after that business combination, or earlier upon redemption or liquidation.

What voting and dispositive power do the Reporting Persons have over RREV shares?

As of June 30, 2026, each Reporting Person had shared power to vote and dispose of 2,000,000 RREV Class A shares and no sole voting or dispositive power over any Class A shares.

Who are the individuals controlling RREV investment decisions for LMR?

The filing states that Ben Levine and Stefan Renold ultimately control the investment and voting decisions of the LMR investment manager entities with respect to RREV securities held by the LMR-managed funds.

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

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Learn about SEC filing dates





G770AL103

(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





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SCHEDULE 13G



LMR Partners LLP
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:08/14/2026
LMR PARTNERS Ltd
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:08/14/2026
LMR Partners LLC
Signature:Allyson Hanlon
Name/Title:Deputy General Counsel
Date:08/14/2026
LMR Partners AG
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:08/14/2026
LMR PARTNERS (DIFC) Ltd
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:08/14/2026
LMR Partners (Ireland) Limited
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:08/14/2026
Ben Levine
Signature:Ben Levine
Name/Title:Self
Date:08/14/2026
Stefan Renold
Signature:Stefan Renold
Name/Title:Self
Date:08/14/2026