W. R. Berkley (UYSC) discloses 7.8% beneficial stake in UY Scuti shares
Rhea-AI Filing Summary
W. R. Berkley Corporation, through its subsidiary Berkley Insurance Company, reports beneficial ownership of ordinary shares of UY Scuti Acquisition Corp. This amended Schedule 13G states beneficial ownership of 407,586 Ordinary Shares.
The filing reports this position as representing 7.8% of the outstanding class of UY Scuti Acquisition Corp. ordinary shares. W. R. Berkley Corporation and Berkley Insurance Company each report 0 shares with sole voting or dispositive power and 407,586 shares with shared voting and shared dispositive power.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 407,586 shares
Percent of class: 7.8%
Sole voting power: 0 shares
+3 more
6 metrics
Beneficial ownership
407,586 shares
Ordinary Shares of UY Scuti Acquisition Corp. reported as beneficially owned
Percent of class
7.8%
Percentage of UY Scuti Acquisition Corp. ordinary shares beneficially owned
Sole voting power
0 shares
Shares over which W. R. Berkley Corporation has sole power to vote
Shared voting power
407,586 shares
Shares over which W. R. Berkley Corporation has shared power to vote
Sole dispositive power
0 shares
Shares over which W. R. Berkley Corporation has sole dispositive power
Shared dispositive power
407,586 shares
Shares over which W. R. Berkley Corporation has shared dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 407,586"
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.
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
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.
CUSIP No. financial
"(e) | CUSIP No.: G93Y0A104"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of UYSC does W. R. Berkley Corporation report owning?
W. R. Berkley Corporation reports beneficial ownership of 7.8% of UY Scuti Acquisition Corp. (UYSC) ordinary shares, based on 407,586 shares reported as beneficially owned in the Schedule 13G/A amendment.
What class of UYSC securities is covered by this Schedule 13G/A?
The Schedule 13G/A covers Ordinary Shares, $0.0001 par value of UY Scuti Acquisition Corp. (UYSC), identified by CUSIP G93Y0A104, with 407,586 shares reported as beneficially owned.