RichRich reports 5.14% stake in Spring Valley Acquisition
RichRich Capital LLC and Rich Huang reported beneficial ownership of Class A Ordinary Shares of Spring Valley Acquisition Corp. III.
Rhea-AI Filing Summary
RichRich Capital LLC and Rich Huang reported beneficial ownership of Class A Ordinary Shares of Spring Valley Acquisition Corp. III. As of May 26, 2026, RichRich beneficially owned 1,183,271 shares, representing approximately 5.14% of the 23,000,000 Class A Ordinary Shares outstanding (as of May 13, 2026), per the filing. The statement notes that Mr. Huang is the sole member of RichRich and disclaims direct beneficial ownership of the shares held by RichRich.
Positive
- None.
Negative
- None.
Insights
Reporting persons disclose a ~5.14% stake in SVAC through an entity structure.
The filing lists 1,183,271 Class A Ordinary Shares beneficially owned by RichRich Capital LLC as of May 26, 2026, based on 23,000,000 shares outstanding as of May 13, 2026. The disclosure follows Schedule 13G formatting for beneficial ownership and identifies shared voting and dispositive power.
Implications depend on future filings: the entity-level ownership and Mr. Huang's disclaimer are standard ownership attribution language. Subsequent Schedule 13D/Form 4 filings would change the regulatory profile if active acquisition or control intent is disclosed.
Entity attribution and shared powers are explicitly stated; no change-of-control claim is made.
The statement clarifies that Mr. Huang is the sole member of RichRich but disclaims direct beneficial ownership of the shares held by the entity, while acknowledging shared voting and dispositive power over the 1,183,271 shares. The filing includes a Joint Filing Agreement exhibit.
Watch for any later amendments describing intent or additional acquisitions; timing and cash-flow treatment for any sales or purchases are not included in this excerpt.
Key Figures
Key Terms
Schedule 13G regulatory
beneficial ownership financial
CUSIP technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does RichRich Capital LLC report in SVAC?
What date is the ownership position measured at in the filing?
Is this filing an active control signal (Schedule 13D) or passive (Schedule 13G)?
AI-generated analysis. How Rhea-AI works. Not financial advice.