Glazer Capital discloses 5.05% Viking Acquisition Corp. I (VACI) stake

Rhea-AI Filing Summary

Glazer Capital, LLC filed a Schedule 13G reporting a passive ownership stake in Viking Acquisition Corp. I. Through funds it manages, together with Paul J. Glazer, it is deemed to beneficially own 1,195,469 Class A ordinary shares, representing 5.05% of the class as of 12/31/2025.

The reporting persons have shared power to vote and dispose of these shares and no sole voting or dispositive power. They certify the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Viking Acquisition Corp. I.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Viking Acquisition Corp. I

(Name of Issuer)

Class A ordinary shares, $0.0001 par value

(Title of Class of Securities)

G9582G104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G9582G104

1

Names of Reporting Persons

Glazer Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,195,469.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,195,469.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,195,469.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.05 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. G9582G104

1

Names of Reporting Persons

Paul J. Glazer

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,195,469.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,195,469.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,195,469.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.05 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Viking Acquisition Corp. I
(b)	Address of issuer's principal executive offices: 900 Third Avenue, 18th Floor, New York, NY 10022
Item 2.
(a)	Name of person filing: This statement is filed by: (i) Glazer Capital, LLC, a Delaware limited liability company ("Glazer Capital"), with respect to the shares of Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Glazer Capital serves as investment manager (collectively, the "Glazer Funds"); and (ii) Mr. Paul J. Glazer ("Mr. Glazer"), who serves as the Managing Member of Glazer Capital, with respect to the shares of Common Stock held by the Glazer Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Common Stock (as defined in Item 2(d)) reported herein.
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is 250 West 55th Street, Suite 30A, New York, New York 10019.
(c)	Citizenship: Glazer Capital is a Delaware limited liability company. Mr. Glazer is a United States citizen.
(d)	Title of class of securities: Class A ordinary shares, $0.0001 par value
(e)	CUSIP No.: G9582G104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,195,469
(b)	Percent of class: 5.05%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,195,469
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,195,469
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See Item 2.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Glazer Capital, LLC

Signature:	Paul J. Glazer
Name/Title:	Paul J. Glazer, Managing Member
Date:	02/12/2026

Paul J. Glazer

Signature:	Paul J. Glazer
Name/Title:	Paul J. Glazer
Date:	02/12/2026

FAQ

What ownership stake does Glazer Capital report in Viking Acquisition Corp. I (VACI)?

Glazer Capital and Paul J. Glazer report beneficial ownership of 1,195,469 Class A shares, or 5.05% of the class. The shares are held through funds and managed accounts advised by Glazer Capital, giving them shared voting and dispositive power over this stake.

Is Glazer Capital’s stake in Viking Acquisition Corp. I (VACI) considered passive?

Yes, the stake is certified as passive. The reporting persons state the securities were acquired and are held in the ordinary course of business and not for the purpose, or with the effect, of changing or influencing control of Viking Acquisition Corp. I.

How many Viking Acquisition Corp. I (VACI) shares does Glazer Capital control voting power over?

The reporting persons have shared voting power over 1,195,469 Class A ordinary shares. They report zero sole voting power, with all voting and dispositive authority shared across the funds and accounts managed by Glazer Capital as of 12/31/2025.

Who are the reporting persons on this Schedule 13G for Viking Acquisition Corp. I (VACI)?

The reporting persons are Glazer Capital, LLC and Paul J. Glazer. Glazer Capital acts as investment manager to certain funds and accounts holding the shares, while Paul J. Glazer is the Managing Member of Glazer Capital and is deemed a reporting person for those holdings.

What percentage of Viking Acquisition Corp. I (VACI) does Glazer Capital’s 1,195,469 shares represent?

The 1,195,469 Class A shares represent 5.05% of the outstanding class. This crosses the 5% threshold that requires a Schedule 13G filing, triggering the disclosure of beneficial ownership and related voting and dispositive powers.

As of what date is Glazer Capital’s 5.05% Viking Acquisition Corp. I (VACI) stake measured?

The reported 5.05% beneficial ownership is measured as of 12/31/2025. That date is identified as the event requiring the filing, and all ownership numbers, including 1,195,469 shares, relate to that point in time.