West Enclave Merger Corp. director and Co-Chief Executive Officer Adrian Otero reported mixed indirect transactions in the company’s ordinary shares through West Enclave Sponsor LLC. An entity controlled by Otero and a colleague sold 1,380,000 ordinary shares and purchased 127,500 ordinary shares, all held indirectly.
The filing indicates the 127,500 shares are the ordinary shares included in previously acquired private placement units. After these transactions, the reported indirect holdings in ordinary shares rose to 3,960,833. Footnotes state the securities are held directly by the Sponsor, and each controller disclaims beneficial ownership except for any pecuniary interest.
West Enclave Sponsor LLC, an entity associated with director/officer Emilio Mahuad, reported two indirect trades in West Enclave Merger Corp. ordinary shares on May 1, 2026: an acquisition of 127,500 ordinary shares and a disposition of 1,380,000 ordinary shares.
After these transactions, the sponsor entity holds 2,580,833 ordinary shares indirectly attributable to Mahuad. The shares are held directly by West Enclave Sponsor LLC and indirectly by Mahuad and Adrian Otero, who control the sponsor and each disclaims beneficial ownership beyond his pecuniary interest. The sponsor previously acquired 127,500 private units at $10.00 per unit for an aggregate $1,275,000, each unit including one ordinary share and a right to one-tenth of a share, and transferred 1,380,000 founder shares to designees for approximately $9,000, including 200,000 founder shares to independent director nominees or affiliated entities.
West Enclave Merger Corp. reported that Actinver Inversiones Alternativas, S.A. DE C.V. acquired interests in a total of 180,000 ordinary shares associated with director Hector Madero Rivero. Actinver bought 20,000 private units at $10.00 per unit in a private placement, with each unit containing one ordinary share and a right to additional shares after a business combination.
In addition, West Enclave Sponsor LLC transferred 160,000 founder shares to Actinver for aggregate consideration of about $1,043.48. Actinver is the record holder of these shares. Mr. Madero, as Chairman of Actinver, controls its management but disclaims beneficial ownership except to the extent of his pecuniary interest.
West Enclave Merger Corp. director Jean Michel Enriquez Dahlhaus reported acquiring a total of 45,000 ordinary shares. This reflects 5,000 shares from private units bought at $10.00 per unit and 40,000 founder shares transferred by West Enclave Sponsor LLC at about $0.0065 per share.
West Enclave Merger Corp. director and Co‑Chief Executive Officer Adrian Otero filed an initial Form 3 reporting indirect ownership of the company’s founder shares. The filing shows 3,833,333 ordinary shares held of record by West Enclave Sponsor LLC, which acquired these shares before the initial public offer.
Otero and Emilio Mahuad jointly control the sponsor’s management, including voting and investment decisions for these shares, but each disclaims beneficial ownership except for his pecuniary interest. The 3,833,333 ordinary shares include up to 500,000 shares that may be forfeited if the underwriters’ over‑allotment option is not exercised in full or in part.
West Enclave Merger Corp. director Jean Michel Enriquez Dahlhaus filed an initial Form 3, which is the first statement of beneficial ownership for insiders. This data shows no reported transactions, exercises, gifts, or restructurings and no derivative positions listed at the time of this filing.
West Enclave Merger Corp. director Hector Madero Rivero filed an initial Form 3, which is a required disclosure of insider holdings when a person becomes an officer, director, or large shareholder. This filing shows no reported purchases, sales, exercises, gifts, or other share transactions at this time.
West Enclave Merger Corp. director and Co-Chief Executive Officer Emilio Mahuad reported an indirect ownership position on a Form 3. The filing shows 3,833,333 ordinary shares held of record by West Enclave Sponsor LLC, which were acquired before the initial public offer. Up to 500,000 of these shares are subject to forfeiture if the underwriters’ over-allotment option is not fully exercised. Mahuad and Adrian Otero control the sponsor’s voting and investment decisions but each disclaims beneficial ownership except for his pecuniary interest.