WEN Acquisition Corp received a Schedule 13G/A showing that Harraden Circle investment entities and Frederick V. Fortmiller Jr. beneficially own 1,820,449 shares of Class A common stock, representing 6.07% of the class as of the reported date.
The reporting persons have shared voting and dispositive power over all 1,820,449 shares and no sole power. The stake is held through several Delaware limited partnerships, with Harraden Circle Investments, LLC as adviser and Mr. Fortmiller as managing member of key general partners and the adviser.
They certify that the shares were not acquired and are not held for the purpose of changing or influencing control of WEN Acquisition Corp, indicating a passive ownership intent under the Schedule 13G framework.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
WEN Acquisition Corp
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
G9R39C103
(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.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Investments, 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
1,820,449.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,820,449.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,820,449.00
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)
6.07 %
12
Type of Reporting Person (See Instructions)
OO, HC, IA
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Investors GP, LP
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
1,820,449.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,820,449.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,820,449.00
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)
6.07 %
12
Type of Reporting Person (See Instructions)
PN, HC
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Investors GP, 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
1,820,449.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,820,449.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,820,449.00
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)
6.07 %
12
Type of Reporting Person (See Instructions)
OO, HC
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Investors, LP
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
1,049,607.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,049,607.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,049,607.00
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)
3.50 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Special Opportunities, LP
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
394,700.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
394,700.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
394,700.00
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)
1.32 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Strategic Investments, LP
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
288,086.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
288,086.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
288,086.00
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)
0.96 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Frederick V. Fortmiller, Jr.
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
1,820,449.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,820,449.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,820,449.00
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)
6.07 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
CUSIP No.
G9R39C103
1
Names of Reporting Persons
Harraden Circle Concentrated, LP
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
88,056.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
88,056.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
88,056.00
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)
0.29 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WEN Acquisition Corp
(b)
Address of issuer's principal executive offices:
180 Grand Avenue, Suite 1530, Oakland, CA 94612
Item 2.
(a)
Name of person filing:
This Statement is filed on behalf of the following persons (collectively, the "Reporting Persons"):
i) Harraden Circle Investments, LLC ("Harraden Adviser");
ii) Harraden Circle Investors GP, LP ("Harraden GP");
iii) Harraden Circle Investors GP, LLC ("Harraden LLC");
iv) Harraden Circle Investors, LP ("Harraden Fund");
v) Harraden Circle Special Opportunities, LP ("Harraden Special Op Fund");
vi) Harraden Circle Strategic Investments, LP ("Harraden Strategic Fund");
vii) Frederick V. Fortmiller, Jr. ("Mr. Fortmiller"); and
viii) Harraden Circle Concentrated, LP ("Concentrated Fund")
This Statement relates to Shares (as defined herein) directly beneficially owned by Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Concentrated Fund. Harraden GP is the general partner to Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Concentrated Fund, and Harraden LLC is the general partner of Harraden GP. Harraden Adviser serves as investment manager to Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Concentrated Fund and other high net worth individuals. Mr. Fortmiller is the managing member of each of Harraden LLC and Harraden Adviser. In such capacities, each of Harraden GP, Harraden LLC, Harraden Adviser and Mr. Fortmiller may be deemed to indirectly beneficially own the Shares reported herein directly beneficially owned by Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Concentrated Fund.
(b)
Address or principal business office or, if none, residence:
885 Third Avenue, Suite 2600B, New York, NY 10022
(c)
Citizenship:
Each of Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Concentrated Fund, and Harraden GP is a Delaware limited partnership. Each of Harraden LLC and Harraden Adviser is a Delaware limited liability company. Mr. Fortmiller is a citizen of the United States of America.
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP No.:
G9R39C103
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:
1,820,449
(b)
Percent of class:
6.07 %
(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:
1,820,449
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,820,449
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.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See disclosure in Item 2 hereof.
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 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.
Harraden Circle Investments, LLC
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member
Date:
02/13/2026
Harraden Circle Investors GP, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner
Date:
02/13/2026
Harraden Circle Investors GP, LLC
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member
Date:
02/13/2026
Harraden Circle Investors, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
02/13/2026
Harraden Circle Special Opportunities, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
02/13/2026
Harraden Circle Strategic Investments, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
02/13/2026
Frederick V. Fortmiller, Jr.
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr.
Date:
02/13/2026
Harraden Circle Concentrated, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
What stake in WEN Acquisition Corp (WENN) is reported in this Schedule 13G/A?
The Schedule 13G/A reports that Harraden Circle entities and Frederick V. Fortmiller Jr. beneficially own 1,820,449 shares of WEN Acquisition Corp Class A common stock, representing 6.07% of the outstanding class as of the event date.
Who are the reporting persons on WEN Acquisition Corp’s (WENN) Schedule 13G/A?
The reporting persons are Harraden Circle Investments, LLC, related Harraden Circle partnerships and general partners, and Frederick V. Fortmiller Jr., who serves as managing member of Harraden Circle Investments, LLC and Harraden Circle Investors GP, LLC, and is a U.S. citizen.
How is voting and dispositive power over WEN Acquisition (WENN) shares structured?
The filing states the reporting persons have 0 shares with sole voting or dispositive power and 1,820,449 shares with shared voting and shared dispositive power, meaning decisions over these shares are made jointly rather than individually.
Which Harraden Circle funds directly hold WEN Acquisition Corp (WENN) shares?
The shares are directly held by Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Harraden Circle Concentrated, LP. Other Harraden entities and Frederick V. Fortmiller Jr. are deemed to indirectly beneficially own these shares through management and control roles.
Does the Harraden Circle 13G/A for WEN Acquisition (WENN) seek to influence control?
No. The certification states the securities were not acquired and are not held for the purpose or effect of changing or influencing control of WEN Acquisition Corp, other than activities solely in connection with a nomination under Rule 14a-11.
What is the CUSIP and security class covered for WEN Acquisition (WENN)?
The Schedule 13G/A covers Class A Common Stock of WEN Acquisition Corp with CUSIP G9R39C103. A note indicates the security was formerly identified under CUSIP G9R39C129, reflecting an update in the identifier.
