Magnetar reports 6.68% stake in Shreya Acquisition
Magnetar Financial LLC and related entities report beneficial ownership of Class A ordinary shares of Shreya Acquisition Group.
Rhea-AI Filing Summary
Magnetar Financial LLC and related entities report beneficial ownership of Class A ordinary shares of Shreya Acquisition Group. As of June 30, 2026, Magnetar Financial, Magnetar Capital Partners, Supernova Management, and David J. Snyderman collectively report 750,000 shares, representing 6.68% of outstanding Class A shares, with shared voting and dispositive power over all such shares.
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Key Figures
Beneficially owned shares: 750,000 shares
Ownership percentage: 6.68%
Shares outstanding: 11,231,750 shares
+3 more
6 metrics
Beneficially owned shares
750,000 shares
Class A ordinary shares beneficially owned as of June 30, 2026
Ownership percentage
6.68%
Portion of outstanding Class A shares beneficially owned by reporting persons
Shares outstanding
11,231,750 shares
Class A shares outstanding as of June 18, 2026, per issuer Form 10-Q
Constellation Master Fund allocation
172,500 shares
Portion of Shreya Acquisition Group shares held for Constellation Master Fund
Structured Credit Fund allocation
165,000 shares
Portion of shares held for Magnetar Structured Credit Fund, LP
Lake Credit, Xing He, Alpha Star allocations
127,500 shares each
Shares held for each of Lake Credit Fund, Xing He Master Fund, and Alpha Star Fund
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner regulatory
"each of the Reporting Persons were deemed to be the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"form_type": "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Power of Attorney, dated as of December 22, 2022"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What percentage of Shreya Acquisition Group (SAGU) does Magnetar beneficially own?
Magnetar and affiliated reporting persons beneficially own 6.68% of Shreya Acquisition Group’s Class A ordinary shares, based on 11,231,750 shares outstanding as of June 18, 2026, as referenced in the issuer’s Form 10-Q.
Which entities are the reporting persons in this Shreya Acquisition Group (SAGU) Schedule 13G?
The filing is made on behalf of Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, who together report beneficial ownership of the same 750,000 Class A shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.