Sona Asset Management group filed a Schedule 13G reporting beneficial ownership of 1,850,000 Class A ordinary shares of Soren Acquisition Corp. The shares represent 7% of the Class A ordinary shares based on 26,300,000 shares outstanding as of March 24, 2026. The filing attributes shared voting and shared dispositive power for 1,850,000 shares to each Reporting Person (Sona AM (US), Sona AM (UK), SAML, SAMCL, and John Aylward) and states the holdings are held by investment funds managed by the Sona Asset Managers. The Schedule 13G is signed May 15, 2026.
Positive
None.
Negative
None.
Insights
Passive 13G reports a 7% beneficial stake held through managed funds.
The filing shows the Sona Asset Managers are deemed beneficial owners of 1,850,000 Class A shares with shared voting and dispositive power. Ownership is reported on behalf of investment funds managed by the Sona entities.
Because this is a Schedule 13G disclosure, it frames the stake as passive reporting rather than an active takeover intent; subsequent filings would be required to indicate any change in intent or control.
Filing ties the 7% figure to an explicit outstanding-share base.
The Schedule 13G cites 26,300,000 Class A shares outstanding as of March 24, 2026 and calculates the 7% stake from that base. The reporting chain names the investment managers, intermediate companies, and an individual with control.
Investors tracking ownership should note the dates and the joint-filing structure; any material change in holdings or voting intent would normally trigger an amended filing.
Key Figures
Reported shares beneficially owned:1,850,000 sharesPercent of class:7%Shares outstanding used for calculation:26,300,000 shares+3 more
6 metrics
Reported shares beneficially owned1,850,000 sharesHeld by funds managed by Sona Asset Managers
Percent of class7%Based on 26,300,000 Class A shares outstanding as of March 24, 2026
Shares outstanding used for calculation26,300,000 sharesOutstanding as of March 24, 2026 per issuer Form 10-K
Par value$0.0001 per shareClass A ordinary shares par value
CUSIPG8274J103Identifier for Class A ordinary shares
Filing signature dateMay 15, 2026Date on Joint Filing Agreement and signatures
Key Terms
Schedule 13G, beneficially owned, shared voting power, dispositive power
4 terms
Schedule 13Gregulatory
"This statement is filed by: (i) Sona Asset Management (US) LLC"
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 ownedregulatory
"The Sona Asset Managers are deemed to be the beneficial owners of the 1,850,000 Class A ordinary shares"
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.
shared voting powercorporate governance
"Shared power to vote or to direct the vote: 1,850,000"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive powercorporate governance
"Shared power to dispose or to direct the disposition of: 1,850,000"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Soren Acquisition Corp.
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G8274J103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G8274J103
1
Names of Reporting Persons
SONA ASSET MANAGEMENT (US) LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,850,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,850,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,850,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7 %
12
Type of Reporting Person (See Instructions)
IA, OO
Comment for Type of Reporting Person: Percent of class represented by amount in Row (11) is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026.
SCHEDULE 13G
CUSIP Number(s):
G8274J103
1
Names of Reporting Persons
SONA ASSET MANAGEMENT (UK) LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,850,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,850,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,850,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7 %
12
Type of Reporting Person (See Instructions)
FI, PN
Comment for Type of Reporting Person: Percent of class represented by amount in Row (11) is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the SEC on March 27, 2026.
SCHEDULE 13G
CUSIP Number(s):
G8274J103
1
Names of Reporting Persons
Sona Asset Management Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,850,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,850,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,850,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7 %
12
Type of Reporting Person (See Instructions)
CO, HC
Comment for Type of Reporting Person: Percent of class represented by amount in Row (11) is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the SEC on March 27, 2026.
SCHEDULE 13G
CUSIP Number(s):
G8274J103
1
Names of Reporting Persons
Sona Asset Management Cayman Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,850,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,850,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,850,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7 %
12
Type of Reporting Person (See Instructions)
CO, HC
Comment for Type of Reporting Person: Percent of class represented by amount in Row (11) is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the SEC on March 27, 2026.
SCHEDULE 13G
CUSIP Number(s):
G8274J103
1
Names of Reporting Persons
John Aylward
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
IRELAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,850,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,850,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,850,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7 %
12
Type of Reporting Person (See Instructions)
IN, HC
Comment for Type of Reporting Person: Percent of class represented by amount in Row (11) is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the SEC on March 27, 2026.
This statement is filed by:
(i) Sona Asset Management (US) LLC ("Sona AM (US)"), which, together with Sona AM (UK) (as defined below) serves as an investment manager to certain funds including with respect to the Class A ordinary shares held by those funds;
(ii) Sona Asset Management (UK) LLP ("Sona AM (UK)" and, together with Sona AM (US), collectively, the "Sona Asset Managers"), which, together with Sona AM (US), serves as an investment manager to certain funds including with respect to the Class A ordinary shares held by those funds;
(iii) Sona Asset Management Limited ("SAML"), which is the principal owner of each of the Sona Asset Managers;
(iv) Sona Asset Management Cayman Limited ("SAMCL" and, together with SAML, the "Sona Intermediate Companies"), which is the principal owner of SAML; and
(v) John Aylward, who is ultimately in control of the investment and voting decisions of the Sona Asset Managers and is the principal owner of SAMCL.
The Sona Asset Managers, the Sona Intermediate Companies, and Mr. Aylward are hereinafter sometimes collectively referred to as the "Reporting Persons" or individually as a "Reporting Person." Sona AM (US) is registered with the SEC as an investment adviser. Sona AM (UK) is registered with the UK Financial Conduct Authority.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of Sona AM (US) is 730 3rd Avenue, 26th Floor, New York, NY 10017. The address of the principal business office of Sona AM (UK), SAML, and Mr. Aylward is 19-21 St. James's Street, London, United Kingdom SW1A 1ES. The address of the principal business office of SAMCL is c/o Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands.
(c)
Citizenship:
(i) Sona AM (US) is a Delaware limited liability company;
(ii) Sona AM (UK) is a limited liability partnership formed under the laws of England and Wales;
(iii) SAML is a private limited company incorporated under the laws of England and Wales;
(iv) SAMCL is an exempted company incorporated in the Cayman Islands; and
(v) John Aylward is a citizen of Ireland.
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP Number(s):
G8274J103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Investment Adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows 5-9 and 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The Sona Asset Managers manage investment funds that collectively hold 1,850,000 Class A ordinary shares. The Class A ordinary shares held by the funds represent approximately 7% of the outstanding Class A ordinary shares, based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the SEC on March 27, 2026.
The Sona Asset Managers are deemed to be the beneficial owners of the 1,850,000 Class A ordinary shares held by the investment funds due to their control over the voting and dispositive decisions of the funds. The Sona Intermediate Companies are deemed to be the beneficial owners of the 1,850,000 Class A ordinary shares due to each of their direct or indirect ownership of the Sona Asset Managers. Mr. Aylward is deemed to be the beneficial owner of the 1,850,000 Class A ordinary shares due to his control over the Sona Asset Managers and his direct or indirect ownership and control of the Sona Intermediate Companies.
(b)
Percent of class:
7%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(i) Sona AM (US): 0
(ii) Sona AM (UK): 0
(iii) SAML: 0
(iv) SAMCL: 0
(v) John Aylward: 0
(ii) Shared power to vote or to direct the vote:
(i) Sona AM (US): 1,850,000
(ii) Sona AM (UK): 1,850,000
(iii) SAML: 1,850,000
(iv) SAMCL: 1,850,000
(v) John Aylward: 1,850,000
(iii) Sole power to dispose or to direct the disposition of:
(i) Sona AM (US): 0
(ii) Sona AM (UK): 0
(iii) SAML: 0
(iv) SAMCL: 0
(v) John Aylward: 0
(iv) Shared power to dispose or to direct the disposition of:
(i) Sona AM (US): 1,850,000
(ii) Sona AM (UK): 1,850,000
(iii) SAML: 1,850,000
(iv) SAMCL: 1,850,000
(v) John Aylward: 1,850,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Class A ordinary shares beneficially owned by the Reporting Persons are directly held by the investment funds that the Sona Asset Managers manage.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Information in Items 2(a) and 4 is hereby incorporated by reference herein.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Sona AM (UK), an investment adviser registered with the UK Financial Conduct Authority, is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
SONA ASSET MANAGEMENT (US) LLC
Signature:
/s/ Joe Grogan
Name/Title:
Joe Grogan, Chief Compliance Officer
Date:
05/15/2026
SONA ASSET MANAGEMENT (UK) LLP
Signature:
/s/ Nicholas Lebo
Name/Title:
Nicholas Lebo, Head of UK Compliance
Date:
05/15/2026
Sona Asset Management Limited
Signature:
/s/ John Aylward
Name/Title:
John Aylward, Director
Date:
05/15/2026
Sona Asset Management Cayman Limited
Signature:
/s/ Nathan Day
Name/Title:
Nathan Day, Director
Date:
05/15/2026
John Aylward
Signature:
/s/ John Aylward
Name/Title:
John Aylward
Date:
05/15/2026
Exhibit Information
Exhibit 1: Joint Filing Agreement, dated May 15, 2026
What stake does Sona Asset Management report in SORN?
Sona reports beneficial ownership of 1,850,000 Class A ordinary shares, equal to 7% of the class. This percentage is calculated from 26,300,000 Class A shares outstanding as of March 24, 2026, per the filing dated May 15, 2026.
Who is the beneficial owner named in the Schedule 13G for SORN?
The Schedule 13G identifies Sona Asset Management entities collectively (Sona AM (US), Sona AM (UK), SAML, SAMCL) and John Aylward as Reporting Persons. The ownership is held by investment funds managed by the Sona Asset Managers, according to the filing.
How much voting power does Sona report for its SORN holdings?
Each Reporting Person reports 0 sole voting power and 1,850,000 shared voting power for the Class A ordinary shares. The filing therefore attributes shared voting and shared dispositive control over the reported 1,850,000 shares.
On what date is the ownership percentage for SORN based?
The 7% figure is based on 26,300,000 Class A ordinary shares outstanding as of March 24, 2026, as cited in the issuer's Form 10-K filed with the SEC on March 27, 2026, and referenced in the Schedule 13G.
