Southern Cross II CFO reports 10,000-share stake
Southern Cross Acquisition II Corp. (SCATU) reported that its Chief Financial Officer, Xin Bob Wang, holds 10,000 Ordinary Shares of the company.
Rhea-AI Filing Summary
Southern Cross Acquisition II Corp. (SCATU) reported that its Chief Financial Officer, Xin Bob Wang, holds 10,000 Ordinary Shares of the company. According to a sponsor transfer on or around August 25, 2026, Southern Cross Acquisition II Sponsor Corp. transferred these 10,000 shares to Xin Bob Wang, who now directly owns them.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Xin Bob
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 10,000 shares (Direct)
Footnotes (1)
- F1. On or around August 25, 2026, Southern Cross Acquisition II Sponsor Corp. transferred 10,000 ordinary shares of Southern Cross Acquisition II Corp. (the "Issuer") to Xin Bob Wang. As a result, Xin Bob Wang directly owns 10,000 ordinary shares of the Issuer.
Key Figures
Ordinary Shares directly owned: 10,000 shares
Transfer date: On or around August 25, 2026
Reporting person role: Chief Financial Officer
3 metrics
Ordinary Shares directly owned
10,000 shares
Direct ownership of Southern Cross Acquisition II Corp. by CFO Xin Bob Wang after sponsor transfer
Transfer date
On or around August 25, 2026
Date when Southern Cross Acquisition II Sponsor Corp. transferred 10,000 shares to Xin Bob Wang
Reporting person role
Chief Financial Officer
Officer title of Xin Bob Wang at Southern Cross Acquisition II Corp.
Key Terms
Ordinary Shares, Chief Financial Officer, directly owns
3 terms
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
directly owns financial
"As a result, Xin Bob Wang directly owns 10,000 ordinary shares"
FAQ
What does the Form 3 for SCATU disclose about Xin Bob Wang?
The Form 3 discloses that Xin Bob Wang, Chief Financial Officer of Southern Cross Acquisition II Corp. (SCATU), directly owns 10,000 Ordinary Shares of the issuer, reflecting his initial beneficial ownership position as an insider.
What is the role of Xin Bob Wang at Southern Cross Acquisition II Corp. (SCATU)?
Xin Bob Wang serves as the Chief Financial Officer of Southern Cross Acquisition II Corp., as indicated in the Form 3 insider ownership report.
Does the Form 3 for SCATU report any open market buy or sell transactions?
No specific buy or sell transactions are identified. The Form 3 reports holdings of 10,000 Ordinary Shares by Xin Bob Wang, reflecting his ownership position rather than detailing market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.