Viking Acquisition Corp. II (VII) sponsor discloses 7.67M Class B shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Viking Acquisition Sponsor II, LLC, a 10% owner of Viking Acquisition Corp. II, reports initial holdings of 7,666,667 Class B ordinary shares. These Class B shares are convertible into Class A ordinary shares and have no expiration date. Of these, 1,000,000 shares are subject to forfeiture if underwriters do not exercise their over-allotment option. The shares are held by the Sponsor, are beneficially owned by KingsRock Viking Acquisition II, LLC, and Mr. Wohlin holds voting and dispositive power over them.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Viking Acquisition Sponsor II, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 7,666,667 shares (Direct)
Footnotes (1)
- The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-296719) and have no expiration date. The Class B ordinary shares underlying the private placement units are held directly by the reporting person (the "Sponsor"). The shares held by the Sponsor are beneficially owned by KingsRock Viking Acquisition II, LLC, which is an affiliate of and managed by KingsRock Advisors, LLC. Mr. Wohlin is the Chief Executive Officer of the Sponsor (as well as KingsRock Viking Acquisition II, LLC and KingsRock Advisors, LLC), and has the voting and dispositive power over the shares held by the Sponsor. 1,000,000 shares are subject to forfeiture to the extent the underwriters do not exercise their over-allotment option.
Key Figures
Class B shares held: 7,666,667 shares
Underlying Class A shares: 7,666,667 shares
Shares subject to forfeiture: 1,000,000 shares
+2 more
5 metrics
Class B shares held
7,666,667 shares
Class B ordinary shares reported as held by Sponsor
Underlying Class A shares
7,666,667 shares
Underlying Class A ordinary shares for Class B convertibles
Shares subject to forfeiture
1,000,000 shares
Forfeitable if underwriters do not exercise over-allotment option
Exercise price
$0.0000 per share
Stated conversion/exercise price for Class B ordinary shares
Ownership threshold
10% owner
Reporting person status as ten percent owner
Key Terms
Class B ordinary shares, Class A ordinary shares, over-allotment option, private placement units, +1 more
5 terms
over-allotment option financial
"1,000,000 shares are subject to forfeiture to the extent the underwriters do not exercise their over-allotment option"
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.
private placement units financial
"The Class B ordinary shares underlying the private placement units are held directly by the reporting person"
beneficially owned financial
"The shares held by the Sponsor are beneficially owned by KingsRock Viking Acquisition II, LLC"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Viking Acquisition Sponsor II, LLC report in this Form 3 for VII?
Viking Acquisition Sponsor II, LLC reports holding 7,666,667 Class B ordinary shares of Viking Acquisition Corp. II. These Class B shares are convertible into Class A ordinary shares and represent the Sponsor’s initial beneficial ownership disclosure as a 10% owner.