RP Investment Advisors reports 5.1% stake in Space Asset Acquisition (SAAQU)

Rhea-AI Filing Summary

Space Asset Acquisition Corp. received a Schedule 13G from RP Investment Advisors LP and four affiliated funds reporting a passive ownership position in its units. The group reports beneficial ownership of 1,165,129 Units, representing 5.1% of the 23,000,000 Units outstanding as of January 29, 2026.

The Units each consist of one Class A ordinary share and one-third of one redeemable warrant. RP Investment Advisors LP is investment adviser to the funds and may be deemed to beneficially own the Units, but all reporting persons disclaim being a controlling group and certify the holdings are not for the purpose of changing or influencing control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Space Asset Acquisition Corp.

(Name of Issuer)

Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeemable warrant

(Title of Class of Securities)

G8375S127

(CUSIP Number)

01/29/2026

(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)

SCHEDULE 13G

CUSIP No. G8375S127

1

Names of Reporting Persons

RP Investment Advisors LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,165,129.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,165,129.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,165,129.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

IA, PN, FI

Comment for Type of Reporting Person: The figure in Item 11 is based upon 23,000,000 units, each consisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeemable warrant ("Units") outstanding as of January 29, 2026, as disclosed in the Current Report on Form 8-K of Space Asset Acquisition Corp. (the "Issuer") filed with the U.S. Securities and Exchange Commission (the "SEC") on January 30, 2026.

SCHEDULE 13G

CUSIP No. G8375S127

1

Names of Reporting Persons

RP Select Opportunities Master Fund Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 668,491.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 668,491.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

668,491.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.9 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: The figure in Item 11 is based upon 23,000,000 Units outstanding as of January 29, 2026, as disclosed in the Current Report on Form 8-K of the Issuer filed with the SEC on January 30, 2026.

SCHEDULE 13G

CUSIP No. G8375S127

1

Names of Reporting Persons

RP Debt Opportunities Fund Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 130,028.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 130,028.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

130,028.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.6 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: The figure in Item 11 is based upon 23,000,000 Units outstanding as of January 29, 2026, as disclosed in the Current Report on Form 8-K of the Issuer filed with the SEC on January 30, 2026.

SCHEDULE 13G

CUSIP No. G8375S127

1

Names of Reporting Persons

RP Alternative Global Bond Fund

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 250,097.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 250,097.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

250,097.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: The figure in Item 11 is based upon 23,000,000 Units outstanding as of January 29, 2026, as disclosed in the Current Report on Form 8-K of the Issuer filed with the SEC on January 30, 2026.

SCHEDULE 13G

CUSIP No. G8375S127

1

Names of Reporting Persons

RP Alternative Credit Opportunities Fund

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 116,513.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 116,513.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

116,513.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.6 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: The figure in Item 11 is based upon 23,000,000 Units outstanding as of January 29, 2026, as disclosed in the Current Report on Form 8-K of the Issuer filed with the SEC on January 30, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Space Asset Acquisition Corp.
(b)	Address of issuer's principal executive offices: 174 Nassau Street, Suite 2100 Princeton, New Jersey 08542
Item 2.
(a)	Name of person filing: This statement is jointly filed by and on behalf of each of RP Investment Advisors LP, RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund, and RP Alternative Credit Opportunities Fund. RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund, and RP Alternative Credit Opportunities Fund (the "Funds") are the record and direct beneficial owners of the securities covered by this statement. RP Investment Advisors LP is the investment advisor of, and may be deemed to beneficially own securities owned by, the Funds. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement. Each of the reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the reporting persons is 39 Hazelton Avenue, Toronto, Ontario, Canada, M5R 2E3.
(c)	Citizenship: See Item 4 on the cover page(s) hereto.
(d)	Title of class of securities: Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeemable warrant
(e)	CUSIP No.: G8375S127
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Item 9 on the cover page(s) hereto.
(b)	Percent of class: See Item 11 on the cover page(s) hereto.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto.
	(ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto.
	(iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto.
	(iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

RP Investment Advisors LP

Signature:	/s/ Richard Pilosof
Name/Title:	Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date:	02/05/2026

RP Select Opportunities Master Fund Ltd.

Signature:	/s/ Richard Pilosof
Name/Title:	Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date:	02/05/2026

RP Debt Opportunities Fund Ltd.

Signature:	/s/ Richard Pilosof
Name/Title:	Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date:	02/05/2026

RP Alternative Global Bond Fund

Signature:	/s/ Richard Pilosof
Name/Title:	Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date:	02/05/2026

RP Alternative Credit Opportunities Fund

Signature:	/s/ Richard Pilosof
Name/Title:	Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date:	02/05/2026

FAQ

What stake did RP Investment Advisors report in Space Asset Acquisition Corp. (SAAQU)?

RP Investment Advisors and its funds reported beneficial ownership of 1,165,129 Units, or 5.1%. This percentage is based on 23,000,000 Units outstanding as of January 29, 2026, as disclosed by Space Asset Acquisition Corp. in a Form 8-K filed on January 30, 2026.

Which entities jointly filed the Schedule 13G for Space Asset Acquisition Corp. (SAAQU)?

The filing was made jointly by RP Investment Advisors LP and four affiliated funds. These are RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund, and RP Alternative Credit Opportunities Fund, which are the record and direct beneficial owners of the reported securities.

What securities are covered in this Schedule 13G for Space Asset Acquisition Corp. (SAAQU)?

The filing covers Units of Space Asset Acquisition Corp. Each Unit consists of one Class A ordinary share with $0.0001 par value and one-third of one redeemable warrant. The CUSIP number for these Units is G8375S127, as specified in the ownership disclosure.

Does RP Investment Advisors intend to influence control of Space Asset Acquisition Corp. (SAAQU)?

The reporting persons certify the securities were not acquired to change or influence control. They state the Units were not acquired and are not held for the purpose or effect of influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

How is voting and dispositive power over SAAQU Units allocated among the reporting persons?

RP Investment Advisors LP reports shared voting and dispositive power over 1,165,129 Units. Within this, RP Select Opportunities Master Fund Ltd. holds 668,491 Units, RP Debt Opportunities Fund Ltd. 130,028 Units, RP Alternative Global Bond Fund 250,097 Units, and RP Alternative Credit Opportunities Fund 116,513 Units, all with shared powers.

Where are Space Asset Acquisition Corp. (SAAQU) and the reporting funds located?

Space Asset Acquisition Corp. is headquartered in Princeton, New Jersey. Its principal executive offices are at 174 Nassau Street, Suite 2100. The reporting persons’ principal business office is at 39 Hazelton Avenue, Toronto, Ontario, Canada, while certain funds are organized in the Cayman Islands.

How do the reporting persons characterize their group status in relation to Space Asset Acquisition Corp. (SAAQU)?

The reporting persons acknowledge they may be deemed a group but expressly disclaim group status. They state that filing the statement should not be construed as an admission of acting together as a partnership or group for acquiring, holding, or disposing of the issuer’s securities.