Vendome Acquisition Corp I amendment reports institutional holdings by First Trust entities as of 03/31/2026. The filing shows First Trust Merger Arbitrage Fund beneficially owned 900,280 shares (4.5%) and related First Trust entities beneficially owned 1,092,788 shares (5.46%).
The joint filing clarifies voting and dispositive power (sole power listed) and is signed on 05/15/2026 by reporting representatives.
Vendome Acquisition Corp I ownership filing reports that Meteora Capital, LLC and Vik Mittal collectively hold 1,997,794 shares of Class A common stock, representing 9.99% of the class. The Schedule 13G/A discloses shared voting and dispositive power over those shares. The filing is signed by Vik Mittal on 05/15/2026.
Vendome Acquisition Corporation I reported its first full quarter as a public blank check company with net income of $1,601,866 for the three months ended March 31, 2026. This income came almost entirely from $1,769,248 of interest earned on the cash held in its IPO trust account, partly offset by $167,382 of formation and operating expenses.
The company holds $205,602,194 in its Trust Account, equal to $10.28 per redeemable Class A share, and had $408,087 of cash outside the trust and working capital of $437,296 as of March 31, 2026. It still has no operating business and is focused on finding a U.S.-based target for a Business Combination within 24 months of its July 3, 2025 IPO.
Management believes existing cash, permitted withdrawals of up to 5% of annual trust interest, and potential working capital loans from the sponsor provide sufficient liquidity through the earlier of completing a Business Combination or one year from this filing.
Vendome Acquisition Corporation I amendment reports that Glazer Capital, LLC and Paul J. Glazer beneficially own 1,063,142 Class A ordinary shares, representing 5.32% of the class. The filing attributes shared voting and dispositive power over these shares to the reporting persons.
The statement identifies Glazer Capital Enhanced Master Fund, Ltd. as a Glazer Fund with the right to receive proceeds from the sale of more than 5% of the outstanding shares. The filing is signed by Paul J. Glazer on 05/14/2026.
Vendome Acquisition Corporation I, a Cayman Islands blank check company, outlines its SPAC structure and strategy in its annual report. The company raised $200,000,000 by selling 20,000,000 units at $10.00 each, with proceeds placed in a U.S. trust account invested in government securities or money market funds.
The sponsor holds 5,000,000 founder Class B shares acquired for $25,000, and bought 2,648,000 private placement warrants for $2,648,000. As of March 18, 2026, 20,000,000 Class A and 5,000,000 Class B ordinary shares were outstanding. Vendome has up to 24 months from the IPO closing to complete an initial business combination, primarily targeting consumer-sector businesses with enterprise values between $500 million and $1 billion.
If no deal is completed within this window and no extension is approved, the SPAC will redeem public shares for cash from the trust, targeting approximately $10.00 per share, and dissolve, leaving the warrants worthless. Extensive risk factors highlight competition among SPACs, redemption dynamics, regulatory reviews, and potential conflicts of interest between the sponsor, management and public shareholders.
Meteora Capital, LLC filed a Schedule 13G disclosing beneficial ownership of 1,999,794 shares of Vendome Acquisition Corp I Class A common stock, equal to 9.99% of the class. All shares are held in funds and managed accounts for which Meteora Capital serves as investment manager.
The filing attributes the holdings to Meteora-managed vehicles, with shared voting and dispositive power over all reported shares and no sole power. Managing Member Vik Mittal is listed as a reporting person. The securities are described as acquired and held in the ordinary course of business, not for changing or influencing control of Vendome.
Barclays PLC filed an amended Schedule 13G reporting its beneficial ownership in Vendome Acquisition Corp-A common stock. Barclays reports beneficial ownership of 450 shares, representing 0.00% of the class. Barclays has sole voting and dispositive power over these 450 shares and no shared power.
The filing confirms that the holdings are below 5% of the outstanding common stock and are held in the ordinary course of business, not for the purpose of changing or influencing control of Vendome Acquisition Corp-A.
Vendome Acquisition Corporation I (VNME) filed its quarterly report as a newly formed SPAC after completing its July Initial Public Offering of 20,000,000 units at $10.00 each, raising $200,000,000 plus $2,648,000 from private placement warrants.
As of September 30, 2025, the company reported total assets of $202,785,616, including $202,068,698 of cash held in a trust account and $399,771 of cash outside the trust. Net income for the three months ended September 30, 2025 was $1,820,558, driven by $2,068,698 of interest income on trust investments and $248,140 of formation and operating expenses.
All 20,000,000 Class A ordinary shares are redeemable at approximately $10.10 per share, and 5,000,000 Class B founder shares remain outstanding. Vendome has 24 months from the IPO closing to complete a business combination, with working capital supported by funds outside the trust and potential sponsor-backed working capital loans and a convertible note of up to $840,000.