Space Asset Acquisition Corp. Schedule 13G/A: RP Investment Advisors LP and related funds report joint beneficial ownership positions in the issuer's Class A ordinary shares. The filing lists holdings by five RP-related reporting persons and states the calculations are based on 23,645,000 Class A ordinary shares issued and outstanding as of March 27, 2026.
The excerpt shows RP Investment Advisors (as advisor) and four Funds holding shared voting and dispositive power across the positions, including 1,821,346 shares (7.7%) associated with RP Investment Advisors, 1,044,994 shares (4.4%) for RP Select Opportunities Master Fund Ltd., and smaller positions for RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund, and RP Alternative Credit Opportunities Fund. The filing is a joint statement and includes a signed joint filing agreement.
Space Asset Acquisition Corp. reports an institutional 13G filing showing shared beneficial ownership. Adage Capital Management, L.P. (with Robert Atchinson and Phillip Gross) reports shared voting and dispositive power over 1,800,000 Class A ordinary shares, representing 7.61% of the class.
The percentage is calculated using 23,645,000 Class A Ordinary Shares outstanding as of March 27, 2026 from the Companys Form 10-K. The filing states the shares are held by Adage Capital Partners, L.P., with ACM acting as investment manager.
Space Asset Acquisition Corp. is a newly formed SPAC focused on the global space economy. It completed its IPO on January 29, 2026, selling 23,000,000 units for gross proceeds of $230,000,000, with those funds placed in a restricted trust account.
As of March 31, 2026, the trust held marketable securities of $231,330,197, reflecting interest income. The company reported quarterly net income of $1,004,284, driven by $1,330,197 of earnings on trust investments, partly offset by $335,280 of general and administrative expenses.
Cash outside the trust was $1,541,176, supporting a working capital surplus of $1,622,396, and management states that prior going concern doubts have been alleviated. The SPAC has until January 29, 2028 to complete a qualifying business combination or else must liquidate and return funds to public shareholders.