Shreya Acquisition sponsor buys 191,750 private units

Thews (Mauritius) Ltd, the sponsor of Shreya Acquisition Group, reported buying 191,750 private units on May 8, 2026.

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.

Insider Trade Summary

Net Buyer: 575,250 shares

Net Buy 3 txns

Insider Thews (Mauritius) Ltd

Role 10% Owner

Bought 575,250 shs ($0.00)

Type	Security	Shares	Price	Value
Purchase	Warrants to purchase Class A ordinary Shares	191,750	$0.00	$0.00
Purchase	Rights	191,750	$0.00	$0.00
Purchase	Ordinary Shares	191,750	$0.00	$0.00

Holdings After Transaction: Warrants to purchase Class A ordinary Shares — 191,750 contracts (Direct); Rights — 47,937 contracts (Direct); Ordinary Shares — 5,120,321 shares (Direct)

Footnotes (4)

1. F1. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor").
2. F2. 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.
3. F3. 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.
4. F4. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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

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Accepted by SEC EDGAR 05/11/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thews (Mauritius) Ltd

(Last) (First) (Middle)

C/O FIRST ISLAND TRUST CO. LTD, STE 308

ST JAMES COURT, ST DENIS STREET

(Street)

PORT LOUIS MAURITIUS

(City) (State) (Zip)

MAURITIUS

(Country)

2. Issuer Name and Ticker or Trading Symbol
Shreya Acquisition Group [ SAGU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/08/2026		P		191,750(2)	A	(2)	5,120,321	D(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to purchase Class A ordinary Shares	$11.5	05/08/2026		P		191,750		(3)	(3)	Class A Ordinary Shares	191,750	(3)	191,750	D(1)
Rights	(4)	05/08/2026		P		191,750		(4)	(4)	Class A Ordinary Shares	47,937	(4)	47,937	D(1)

Explanation of Responses:

1. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor").

2. 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.

3. 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.

4. 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.

	Thews (Mauritius) Limited By: Mind Growth Matrix Private Limited, its Managing Member By: /s/ Anuj Goyal Name: Anuj Goyal Title: Manager	05/08/2026
	** Signature of Reporting Person	Date
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 4 (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).
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* Form 4: SEC 1474 (03-26)