Wolverine group discloses 6.77% holding in Starry Sea Acquisition (SSEA)
Rhea-AI Filing Summary
Wolverine Asset Management and affiliates reported a significant stake in Starry Sea Acquisition Corp. The Schedule 13G/A shows they beneficially own 517,147 ordinary shares, representing 6.77% of the company’s outstanding shares as of a 7,635,871-share base on 10/24/2025.
The reporting group includes Wolverine Asset Management, Wolverine Holdings, Christopher L. Gust, and Robert R. Bellick, who share voting and dispositive power over these shares. The filing states the position was acquired and is held in the ordinary course of business, not to change or influence control of Starry Sea Acquisition Corp.
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FAQ
What stake does Wolverine Asset Management hold in Starry Sea Acquisition Corp (SSEA)?
Wolverine Asset Management and related parties report beneficial ownership of 517,147 ordinary shares of Starry Sea Acquisition Corp, representing 6.77% of the outstanding class. This percentage is based on 7,635,871 shares outstanding as of 10/24/2025, cited from the issuer’s Form 10-Q.
Who are the reporting persons in the Starry Sea Acquisition Corp (SSEA) Schedule 13G/A?
The Schedule 13G/A lists Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust, and Robert R. Bellick as reporting persons. Each may be deemed to share voting and dispositive power over 517,147 ordinary shares of Starry Sea Acquisition Corp.
How much of Starry Sea Acquisition Corp’s voting power do the Wolverine entities control?
The filing states the Wolverine entities and individuals have shared voting and dispositive power over 517,147 ordinary shares and no sole voting or dispositive power. This shared authority underpins their reported 6.77% beneficial ownership of Starry Sea Acquisition Corp’s outstanding ordinary shares.
Is Wolverine’s investment in Starry Sea Acquisition Corp (SSEA) aimed at gaining control?
The certification explains the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of Starry Sea Acquisition Corp. It further notes they are not held in connection with any transaction having that control-related purpose or effect.
What class of securities in Starry Sea Acquisition Corp does the Schedule 13G/A cover?
The Schedule 13G/A covers ordinary shares of Starry Sea Acquisition Corp with a par value of $0.0001 per share, identified by CUSIP G8559L112. All ownership percentages and share counts in the filing relate specifically to this class of ordinary shares.