Sponsor of Shreya Acquisition (SAGU) invests $1.9M in private units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thews (Mauritius) Ltd, the sponsor of Shreya Acquisition Group, reported buying 191,750 private units on May 8, 2026. Each private unit includes one Class A ordinary share, one warrant and one right, and was purchased at $10.00 per unit for a total of $1,917,500.
Each warrant entitles the holder to buy one Class A ordinary share at $11.50, and each right converts into one-fourth of one Class A ordinary share upon completion of the initial business combination. Following these purchases, the sponsor holds 5,120,321 ordinary shares, 191,750 warrants and 47,937 rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Net Buy
3 txns
Insider
Thews (Mauritius) Ltd
Role
null
Bought
575,250 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants to purchase Class A ordinary Shares | 191,750 | $0.00 | -- |
| Purchase | Rights | 191,750 | $0.00 | -- |
| Purchase | Ordinary Shares | 191,750 | $0.00 | -- |
Holdings After Transaction:
Warrants to purchase Class A ordinary Shares — 191,750 shares (Direct, null);
Rights — 47,937 shares (Direct, null);
Ordinary Shares — 5,120,321 shares (Direct, null)
Footnotes (1)
- Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). Reflects 191,750 private units owned by the Sponsor. Each private unit consists of one Class A ordinary share, one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment, and one right to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,917,500. The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation. The rights included in the private units entitle the holder to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination.
Key Figures
Private units purchased: 191,750 units
Aggregate purchase price: $1,917,500
Post-transaction ordinary shares: 5,120,321 shares
+4 more
7 metrics
Private units purchased
191,750 units
Sponsor purchase on May 8, 2026
Aggregate purchase price
$1,917,500
191,750 private units at $10.00 per unit
Post-transaction ordinary shares
5,120,321 shares
Held by sponsor after reported transactions
Post-transaction warrants
191,750 warrants
From private units, exercisable after business combination
Post-transaction rights
47,937 rights
Each for one-fourth Class A ordinary share
Warrant exercise price
$11.50 per share
Each warrant for one Class A ordinary share
Unit composition
1 share, 1 warrant, 1 right
Per private unit purchased by sponsor
Key Terms
private units, warrant, rights, initial business combination, +1 more
5 terms
private units financial
"Reflects 191,750 private units owned by the Sponsor."
warrant financial
"Each private unit consists of one Class A ordinary share, one warrant,"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
rights financial
"and one right to receive one-fourth (1/4th) of one Class A ordinary share"
Rights are special privileges that give existing shareholders the opportunity to buy additional shares of a company's stock before they are offered to the public. They help investors maintain their ownership percentage and can be seen as a way to protect their investment stake. Think of rights like a VIP pass allowing current investors to purchase new shares first, ensuring they can preserve their influence in the company.
initial business combination financial
"upon the consummation 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.
sponsor financial
"Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor"
FAQ
What insider transaction did Shreya Acquisition Group (SAGU) disclose?
Shreya Acquisition Group disclosed that its sponsor, Thews (Mauritius) Ltd, bought 191,750 private units. Each unit includes a share, a warrant, and a right, reflecting a sponsor capital commitment of $1,917,500 at $10.00 per unit.
How large was the sponsor’s purchase in Shreya Acquisition Group (SAGU)?
The sponsor purchased 191,750 private units for an aggregate $1,917,500. This comes from a price of $10.00 per unit, as stated in the filing footnote describing the private unit structure and purchase terms.
What does each private unit of Shreya Acquisition Group (SAGU) include?
Each private unit consists of one Class A ordinary share, one warrant, and one right. The warrant lets the holder buy one Class A ordinary share at $11.50, while the right converts into one-fourth of one Class A ordinary share at the business combination.
What are the warrant terms in the Shreya Acquisition Group (SAGU) sponsor units?
Warrants in the private units become exercisable 30 days after the initial business combination. Each warrant allows purchase of one Class A ordinary share at $11.50 and expires five years after the business combination or earlier upon redemption or liquidation.
How do rights in Shreya Acquisition Group (SAGU) private units work?
Rights in the private units entitle the holder to receive one-fourth of one Class A ordinary share. This conversion occurs upon completion of Shreya Acquisition Group’s initial business combination, effectively adding shares to the sponsor’s position at that milestone.
What are the sponsor’s holdings after the Shreya Acquisition Group (SAGU) transaction?
After the reported purchases, the sponsor holds 5,120,321 ordinary shares, 191,750 warrants, and 47,937 rights. These figures combine the new private units with existing positions, as shown by the post-transaction share and derivative balances in the Form 4 data.