LMR reports 1.7M shares (6.5%) of Soren Acquisition
Soren Acquisition Corp reports a Schedule 13G filing showing that certain LMR investment managers and related persons beneficially own 1,700,000 Class A ordinary shares as of March 31, 2026.
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Soren Acquisition Corp reports a Schedule 13G filing showing that certain LMR investment managers and related persons beneficially own 1,700,000 Class A ordinary shares as of March 31, 2026. The filing states these shares are held directly by LMR Multi-Strategy Master Fund and LMR CCSA Master Fund (each holding 850,000 shares). The filing cites that the 1,700,000 shares represent approximately 6.5% of Class A Ordinary Shares, based on 26,300,000 shares outstanding as of March 24, 2026. The reporting group discloses shared voting and dispositive power over the 1,700,000 shares and includes signatures from LMR representatives and two individuals who control voting decisions.
Insights
LMR group holds a disclosed 6.5% stake via two master funds.
The filing lists 1,700,000 Class A ordinary shares held directly by LMR Multi-Strategy Master Fund and LMR CCSA Master Fund, each holding 850,000 shares, with shared voting and dispositive power as of March 31, 2026. The filing ties the stake to 26,300,000 shares outstanding as of March 24, 2026
This is a static beneficial-ownership disclosure; further activity would depend on the funds' trading decisions and any future amendments. Subsequent filings would show changes in position or voting arrangements.
The Schedule 13G frames the LMR entities as passive/managed disclosure for reporting purposes.
The statement identifies multiple LMR legal entities and two individuals who control investment and voting decisions for the reported funds, and it includes a certification about comparable foreign regulatory schemes. Signatures for the reporting persons are provided with dates of May 15, 2026.
From a compliance view, this filing documents beneficial ownership above the 5% threshold and preserves the managers' reporting posture; any change in intent or control would require an amended disclosure.
Key Figures
LMR beneficial ownership:1,700,000 sharesPer-fund holdings:850,000 sharesOutstanding Class A shares:26,300,000 shares
3 metrics
LMR beneficial ownership1,700,000 sharesAs of March 31, 2026
Per-fund holdings850,000 sharesHeld by each of LMR Multi-Strategy Master Fund and LMR CCSA Master Fund
Outstanding Class A shares26,300,000 sharesAs of March 24, 2026 (used to compute percentage)
Key Terms
Schedule 13G, beneficially owned, dispositive power
3 terms
Schedule 13Gregulatory
"This statement is filed by: (i) LMR Investment Managers"
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 ownedfinancial
"Amount beneficially owned: The information required by Items 4(a) - (c)"
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.
dispositive powerregulatory
"Shared Dispositive Power 1,700,000.00"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does LMR hold in SORN according to this Schedule 13G?
LMR reports beneficial ownership of 1,700,000 Class A shares. The filing states this equals approximately 6.5% of outstanding Class A Ordinary Shares based on 26,300,000 shares outstanding as of March 24, 2026.
How are the 1,700,000 shares held and by which funds?
The filing says the shares are directly held by LMR Multi-Strategy Master Fund and LMR CCSA Master Fund, each holding 850,000 Class A Ordinary Shares, as disclosed for the reporting group as of March 31, 2026.
What voting and disposition power does the reporting group have over these shares?
As of March 31, 2026, the reporting persons disclose shared voting power and shared dispositive power over 1,700,000 Class A Ordinary Shares; they report no sole voting or sole dispositive power for these shares.
Who are the individuals named as controlling investment decisions for LMR's holdings?
The filing identifies Ben Levine and Stefan Renold as ultimately controlling investment and voting decisions for the LMR Investment Managers with respect to the disclosed securities.
What outstanding-share figure does the filing reference to compute the percentage?
The Schedule 13G references 26,300,000 Class A Ordinary Shares outstanding as of March 24, 2026, and uses that figure to state the 6.5% aggregate ownership percentage.
This statement is filed by: (i) LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited (collectively, the "LMR Investment Managers"), which serve as the investment managers to certain funds with respect to the shares of Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares"), held by certain funds; and (ii) Ben Levine and Stefan Renold, who are ultimately in control of the investment and voting decisions of the LMR Investment Managers with respect to the securities held by certain funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is c/o LMR Partners LLP, 9th Floor, Devonshire House, 1 Mayfair Place, London, W1J 8AJ, United Kingdom.
(c)
Citizenship:
LMR Partners LLP is a United Kingdom limited liability partnership. LMR Partners Limited is a Hong Kong corporation. LMR Partners LLC is a Delaware limited liability company. LMR Partners AG is a Swiss corporation. LMR Partners (DIFC) Limited is a United Arab Emirates corporation. LMR Partners (Ireland) Limited is a limited company incorporated in Ireland. Ben Levine is a citizen of the United Kingdom. Stefan Renold is a citizen of Switzerland.
(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 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
As of March 31, 2026:
The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held by LMR Multi-Strategy Master Fund Limited ("LMR Master Fund") and LMR CCSA Master Fund Ltd ("LMR CCSA Master Fund"). Each of LMR Master Fund and LMR CCSA Master Fund directly holds 850,000 Class A Ordinary Shares, with a total of 1,700,000 Class A Ordinary Shares in the aggregate (the "LMR Shares").
(b)
Percent of class:
As of March 31, 2026:
The Class A Ordinary Shares held by each of LMR Master Fund and LMR CCSA Master Fund represent approximately 3.2% and the LMR Shares in the aggregate represent approximately 6.5% of the outstanding Class A Ordinary Shares, based on 26,300,000 Class A Ordinary Shares of the Issuer outstanding as of March 24, 2026, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 27, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had sole power to vote or direct the vote of 0 Class A Ordinary Shares.
(ii) Shared power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had shared power to vote or direct the vote of 1,700,000 Class A Ordinary Shares.
(iii) Sole power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had sole power to dispose or to direct the disposition of 0 Class A Ordinary Shares.
(iv) Shared power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had shared power to dispose or to direct the disposition of 1,700,000 Class A Ordinary Shares.
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 securities beneficially owned by the Reporting Persons are directly held by LMR Master Fund and LMR CCSA Master Fund, for which the LMR Investment Managers serve as the investment managers.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
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 LMR Partners LLP, LMR Partners Limited, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited 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.
