Southern Cross II: Feis reports 9.74% stake
Southern Cross Acquisition II Corp. (SCATU) has a new significant shareholder disclosure.
Rhea-AI Filing Summary
Southern Cross Acquisition II Corp. (SCATU) has a new significant shareholder disclosure. Feis Equities LLC and Lawrence M. Feis jointly report beneficial ownership of 745,684 ordinary shares, representing 9.74% of the class. This percentage is based on 7,652,630 ordinary shares outstanding as of August 27, 2026, as reported by the company. The reporting persons state they have sole voting and sole dispositive power over all reported shares and no shared voting or dispositive power.
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Key Figures
Beneficial ownership: 745,684 shares
Ownership percentage: 9.74%
Shares outstanding: 7,652,630 shares
+2 more
5 metrics
Beneficial ownership
745,684 shares
Ordinary shares of Southern Cross Acquisition II Corp. reported by Feis Equities LLC and Lawrence M. Feis
Ownership percentage
9.74%
Portion of Southern Cross Acquisition II Corp. ordinary shares beneficially owned
Shares outstanding
7,652,630 shares
Ordinary shares outstanding as of August 27, 2026, used to calculate ownership percentage
Sole voting power
745,684 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Sole dispositive power
745,684 shares
Shares over which the reporting persons have sole power to dispose or direct the disposition
Key Terms
Schedule 13G, beneficially owned, Sole Voting Power, Sole Dispositive Power, +1 more
5 terms
Schedule 13G regulatory
"form_type "SCHEDULE 13G" for Southern Cross Acquisition II Corp."
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.
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 745,684"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 745,684.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 745,684.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
CUSIP Number financial
"(e) | CUSIP Number(s): G82941132"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
FAQ
What percentage of Southern Cross Acquisition II Corp. (SCATU) does Feis Equities LLC own?
Feis Equities LLC and Lawrence M. Feis report beneficial ownership of 9.74% of Southern Cross Acquisition II Corp.’s ordinary shares, based on 7,652,630 shares outstanding as of August 27, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.