[Form 3] Starry Sea Acquisition Corp Unit Initial Statement of Beneficial Ownership
Form 3 initial ownership filing by Kang Liang reports that on 08/07/2025 Kang Liang, serving as Director and Chief Executive Officer of Starry Sea Acquisition Corp (SSEA), beneficially owns 35,000 ordinary shares directly. No derivative securities are reported. The form is signed by Liang Kang on 08/21/2025 and indicates the filing was made by a single reporting person. The filing supplies name, work address in Grand Cayman, and the security class and amount but contains no financial performance data.
- Compliance: The reporting person filed an initial Form 3, showing compliance with Section 16(a).
- Clarity of ownership: Reports a clear, direct ownership of 35,000 ordinary shares with no derivatives disclosed.
- Modest stake: The disclosed holding of 35,000 shares is relatively small and may be immaterial to valuation.
- No further detail: Filing contains no information on acquisition price, grant terms, or related stock-based compensation.
Insights
TL;DR Routine initial insider disclosure showing modest direct share ownership by the CEO/director.
This Form 3 is a standard compliance filing that notifies the market of the CEO's direct ownership of 35,000 ordinary shares in Starry Sea Acquisition Corp. The position size is explicitly reported and no derivatives or additional compensation-related instruments are disclosed, limiting immediate valuation implications. The filing provides identity, address, roles (Director and CEO), transaction date (08/07/2025) and signature date (08/21/2025).
TL;DR Initial beneficial ownership disclosure meets Section 16(a) obligations; ownership level appears modest for a CEO/director.
The document fulfills disclosure duties under Section 16(a) by reporting beneficial ownership promptly. It confirms that the reporting person holds the securities directly (no indirect holdings reported) and that the filing was made individually. There are no indications of related-party transactions, grants, or derivative instruments in this filing.