Three Lions Sponsor reports 3.76M TLACU shares
Three Lions Acquisition Corp. (TLACU) reported that Three Lions Sponsor, LLC, a ten percent owner, holds 3,758,333 Ordinary Shares as of August 31, 2026.
Rhea-AI Filing Summary
Three Lions Acquisition Corp. (TLACU) reported that Three Lions Sponsor, LLC, a ten percent owner, holds 3,758,333 Ordinary Shares as of August 31, 2026. This amount includes up to 500,000 shares that are subject to forfeiture depending on the underwriter's over-allotment option for the company’s initial public offering.
The Sponsor is the record holder of these securities and is managed by a three‑member board of managers. Based on a "rule of three" analysis, none of the individual managers is deemed to beneficially own the shares held by the Sponsor.
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Insights
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Three Lions Sponsor, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares F1, F2 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,758,333 shares (Direct)
Footnotes (2)
- F1. Includes up to 500,000 shares subject to forfeiture by Three Lions Sponsor, LLC (the "Sponsor") depending on the extent to which the underwriter's over-allotment option for the IPO (as defined below) is exercised, as described in the Registration Statement on Form S-1 (File No. 333-297177) related to the Issuer's initial public offering (the "IPO"). The Sponsor is the record holder of the securities reported herein. The Sponsor is managed by a board of managers, consisting of Messrs. Berke Bakay, Brett Johnson and Harry Brandler, each of whom holds one vote, and the approval of a majority of the managers is required to approve an action of the Sponsor. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities.
- F2. (Continued from footnote 1) Based upon the foregoing analysis, no manager of the Sponsor exercises voting or dispositive control over any of the securities held by the Sponsor, even those in which he or she directly holds a pecuniary interest. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares.
Key Figures
Ordinary Shares held: 3,758,333 shares
Shares subject to forfeiture: 500,000 shares
Ownership status: Ten percent owner
+1 more
4 metrics
Ordinary Shares held
3,758,333 shares
Shares of Three Lions Acquisition Corp. held by Three Lions Sponsor, LLC as of August 31, 2026
Shares subject to forfeiture
500,000 shares
Portion of Sponsor’s holdings subject to forfeiture based on IPO over-allotment option
Ownership status
Ten percent owner
Reporting person status of Three Lions Sponsor, LLC in Three Lions Acquisition Corp.
Managers with voting control
3 managers
Board of managers (Berke Bakay, Brett Johnson, Harry Brandler) overseeing the Sponsor
Key Terms
over-allotment option, initial public offering, beneficial owner, rule of three
4 terms
over-allotment option financial
"depending on the extent to which the underwriter's over-allotment option for the IPO is exercised"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
initial public offering financial
"related to the Issuer's initial public offering (the "IPO")"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
beneficial owner financial
"none of the individuals is deemed a beneficial owner of the entity's securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
rule of three financial
"Under the so-called "rule of three," if voting and dispositive decisions"
FAQ
What stake does Three Lions Sponsor, LLC report in Three Lions Acquisition Corp. (TLACU)?
Three Lions Sponsor, LLC reports 3,758,333 Ordinary Shares of Three Lions Acquisition Corp. as of August 31, 2026. These shares are held directly by the Sponsor, which is identified as a ten percent owner of the company.
What type of TLACU security does the Sponsor hold?
Three Lions Sponsor, LLC holds Ordinary Shares of Three Lions Acquisition Corp. The Form 3 reports 3,758,333 Ordinary Shares, including up to 500,000 that may be forfeited depending on the IPO over-allotment option.
Is the ownership reported by the Sponsor direct or indirect in TLACU?
The ownership reported by Three Lions Sponsor, LLC is classified as direct. The Sponsor is the record holder of the securities, and the filing does not attribute beneficial ownership to any individual manager.
AI-generated analysis. How Rhea-AI works. Not financial advice.
