Yakira entities report 1.485M-share stake in SPACSphere (SSAC)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
SPACSphere Acquisition Corp. Schedule 13G discloses that Yakira Capital Management, Inc. and affiliated parties beneficially own 1,485,000 Class A ordinary shares of the issuer, representing 8.16% of the class. The filing lists related holders including Yakira Partners, L.P. (247,500 shares), White Oaks Long-Short Portfolio, LLC (123,750 shares) and MAP 136 Segregated Portfolio (1,113,750 shares). The report shows sole voting and dispositive power over the 1,485,000 shares and provides the issuer CUSIP G8T088109. The signatures indicate Bruce M. Kallins as authorized signatory on behalf of the manager and funds.
Positive
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Negative
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Key Figures
Reported beneficial ownership: 1,485,000 shares
Percent of class: 8.16%
MAP 136 holdings: 1,113,750 shares
+3 more
6 metrics
Reported beneficial ownership
1,485,000 shares
Amount beneficially owned (Schedule 13G)
Percent of class
8.16%
Percent of Class A ordinary shares
MAP 136 holdings
1,113,750 shares
MAP 136 Segregated Portfolio as listed in table
Yakira Partners holdings
247,500 shares
Yakira Partners, L.P. as listed in table
White Oaks Fund holdings
123,750 shares
White Oaks Long-Short Portfolio, LLC as listed in table
CUSIP
G8T088109
Class A ordinary share identifier provided in filing
Key Terms
beneficially owned, sole power to vote, sole power to dispose, Schedule 13G
4 terms
beneficially owned regulatory
"Amount beneficially owned: 1,485,000"
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 power to vote regulatory
"Sole power to vote or to direct the vote: 1,485,000"
sole power to dispose regulatory
"Sole power to dispose or to direct the disposition of: 1,485,000"
Schedule 13G regulatory
"Item 1. Name of issuer: SPACSphere Acquistion 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.
FAQ
What stake does Yakira Capital report in SPACSphere (SSAC)?
Yakira Capital and affiliates report 1,485,000 shares, equal to 8.16% of Class A ordinary shares. The filing lists sole voting and dispositive power over those shares, per the Schedule 13G excerpt.
Which affiliated entities are named in the SSAC Schedule 13G?
Yakira Capital Management, Inc., Yakira Partners, L.P., White Oaks Long-Short Portfolio, LLC, MAP 136 Segregated Portfolio, and YP Management, L.L.C. are named, with Bruce M. Kallins signing as authorized signatory and managing member.
Who signed the Schedule 13G filing for Yakira and affiliates?
Bruce M. Kallins signed multiple signature blocks dated 04/08/2026, acting as Authorized Signatory for the investment manager and funds, as Managing Member, and individually as shown in the excerpt.