Feis Equities, Lawrence Feis disclose 7.53% stake in Shreya (SAGU)
Rhea-AI Filing Summary
Shreya Acquisition Group reports that Feis Equities LLC and Lawrence M. Feis beneficially own 828,476 Class A ordinary shares (7.53%) as shown in a Schedule 13G filed May 11, 2026. The filing cites May 8, 2026 outstanding share count of 11,000,000 Class A ordinary shares per an 8-K.
The Schedule 13G lists sole voting and sole dispositive power over all 828,476 shares for both the reporting LLC and the individual, and is accompanied by a Joint Filing Agreement signed May 11, 2026.
Positive
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Insights
Beneficial ownership filing documents a single investor group holding 7.53% of Class A shares.
The Schedule 13G shows Feis Equities LLC and Lawrence M. Feis each reporting beneficial ownership of 828,476 shares with sole voting and dispositive power. The filing cites an outstanding share base of 11,000,000 shares as of May 8, 2026, which anchors the reported 7.53%.
As a Schedule 13G, this is a passive ownership disclosure rather than an active solicitation statement; subsequent filings would reveal any change from passive to active intent.
7.53% ownership by a single investor group can represent meaningful stake without indicating control.
The filing documents sole voting and dispositive authority over 828,476 shares, representing 7.53% of the issuer's 11,000,000 Class A shares outstanding as of May 8, 2026. The Joint Filing Agreement is included.
Market impact depends on whether the position is passive; the Schedule 13G classification suggests passive intent in this disclosure.