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RRE Ventures Acquisition (RREVU) CEO reports 525,000 Class B shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

RRE Ventures Acquisition Corp. director and Chief Executive Officer Philip Kassin reported his initial ownership on a Form 3. He holds 525,000 Class B Ordinary Shares, which are structured to automatically convert into Class A Ordinary Shares on a one-for-one basis in connection with the company’s initial business combination or earlier at his option.

The footnote explains these Class B shares have no expiration date and will convert into an equal number of Class A shares, subject to adjustment. The filing does not report any new purchases or sales, but establishes Kassin’s starting equity position in the sponsor shares of the acquisition vehicle.

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Insider Kassin Philip (Phil)
Role Chief Executive Officer
Type Security Shares Price Value
holding Class B Ordinary Shares -- -- --
Holdings After Transaction: Class B Ordinary Shares — 525,000 shares (Direct)
Footnotes (1)
  1. [object Object]
Directly held Class B Ordinary Shares 525,000 shares Total shares following reported holding entry
Underlying Class A Ordinary Shares on conversion 525,000 shares One-for-one conversion from Class B to Class A
Conversion or exercise price $0.0000 per share Class B converting into Class A Ordinary Shares
Class B Ordinary Shares financial
"The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares..."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
Class A Ordinary Shares financial
"The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares..."
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.
initial business combination financial
"will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination..."
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
one-for-one basis financial
"on a one-for-one basis, subject to adjustment, and have no expiration date."
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FAQ

What does Philip Kassin’s Form 3 filing for RREVU show?

The Form 3 shows Philip Kassin’s initial ownership as CEO and director of RRE Ventures Acquisition Corp., reporting 525,000 Class B Ordinary Shares that convert into Class A shares. This establishes his starting equity stake but does not reflect any recent buy or sell transaction.

How many shares does Philip Kassin hold in RRE Ventures Acquisition Corp. (RREVU)?

Philip Kassin holds 525,000 Class B Ordinary Shares of RRE Ventures Acquisition Corp. These shares are reported as directly owned and are designed to convert into 525,000 Class A Ordinary Shares in connection with the company’s initial business combination or earlier at his option.

How do Kassin’s Class B Ordinary Shares in RREVU convert into Class A shares?

Kassin’s Class B Ordinary Shares automatically convert into Class A Ordinary Shares at the time of RRE Ventures Acquisition Corp.’s initial business combination, or earlier at his option, on a one-for-one basis. The conversion is subject to adjustment, meaning the ratio could change under defined conditions.

Do Philip Kassin’s Class B shares in RRE Ventures Acquisition Corp. have an expiration date?

According to the footnote, Kassin’s Class B Ordinary Shares have no expiration date. They remain outstanding until they automatically convert into Class A Ordinary Shares at the initial business combination or earlier at his option, providing ongoing potential to receive an equal number of Class A shares.

Does the RREVU Form 3 filing report any recent insider buying or selling by Philip Kassin?

The Form 3 does not report any recent insider buying or selling by Philip Kassin. It functions as an initial statement of beneficial ownership, listing his 525,000 Class B Ordinary Shares and their conversion terms, rather than documenting an open-market or other transactional event.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Kassin Philip (Phil)

(Last)(First)(Middle)
5355 TOWN CENTER ROAD

(Street)
BOCA RATON FLORIDA 33486

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2026
3. Issuer Name and Ticker or Trading Symbol
RRE Ventures Acquisition Corp. [ RREV ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares (1) (1)Class A Ordinary Shares525,000(1)D
Explanation of Responses:
1. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the Reporting Person, on a one-for-one basis, subject to adjustment, and have no expiration date.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Philip Kassin04/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)