Vernal Capital (NASDAQ: VECA) director Fu Qiang files initial Form 3 ownership

Rhea-AI Filing Summary

Vernal Capital Acquisition Corp. director Fu Qiang filed an initial Form 3 reporting beneficial ownership of the company’s securities. The filing lists no buy, sell, or other reportable transactions, indicating this is a baseline disclosure of holdings rather than a new trading event.

Key Figures

Buy transactions reported: 0 transactions Sell transactions reported: 0 transactions Derivative exercises reported: 0 transactions

3 metrics

Buy transactions reported 0 transactions Form 3 transaction summary

Sell transactions reported 0 transactions Form 3 transaction summary

Derivative exercises reported 0 transactions Form 3 transaction summary

Key Terms

Form 3, beneficial ownership, reporting person

3 terms

Form 3 regulatory

"Fu Qiang filed an initial Form 3 reporting beneficial ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"filed an initial Form 3 reporting beneficial ownership of the company’s securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

reporting person regulatory

"The reporting person is Fu Qiang, identified as a director"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

FU QIANG

(Last) (First) (Middle)

C/O VERNAL CAPITAL ACQUISITION CORP.

244 FIFTH AVENUE, SUITE #1845

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/05/2026

3. Issuer Name and Ticker or Trading Symbol
Vernal Capital Acquisition Corp. [ VECA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Qiang Fu	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Fu Qiang’s Form 3 filing for Vernal Capital Acquisition Corp. (VECA-UN) show?

The Form 3 filing shows director Fu Qiang reporting initial beneficial ownership in Vernal Capital Acquisition Corp. It lists no purchases, sales, or other transactions, serving as a starting point for future insider reporting obligations.

Does the Vernal Capital Acquisition Corp. (VECA-UN) Form 3 disclose any insider trades?

No insider trades are disclosed in this Form 3. The transaction summary reports zero buys, zero sells, and zero derivative exercises, indicating there were no reportable transactions at the time of this initial ownership statement.

Who is the reporting person in the Vernal Capital Acquisition Corp. (VECA-UN) Form 3?

The reporting person is Fu Qiang, identified as a director of Vernal Capital Acquisition Corp. The filing confirms his status but does not detail any specific transactions or derivative positions in the company’s securities.

What is the purpose of this Form 3 for Vernal Capital Acquisition Corp. (VECA-UN)?

This Form 3 serves as an initial statement of beneficial ownership for director Fu Qiang. It establishes his reporting status under SEC rules, even though no purchases, sales, or other transactions are reported in the document.

Are there any derivative securities reported in the Vernal Capital Acquisition Corp. (VECA-UN) Form 3?

No derivative securities are reported. The derivative summary is empty and the transaction summary shows zero derivative transactions, meaning no options, warrants, or other derivative positions are disclosed in this initial ownership filing.