Feis Equities discloses 9.34% White Pearl (WPAC) stake in 13G
Rhea-AI Filing Summary
Feis Equities LLC and Lawrence M. Feis reported a significant passive ownership stake in White Pearl Acquisition Corp. They beneficially own 1,073,799 Class A ordinary shares, representing 9.34% of the class, with sole voting and dispositive power over all reported shares.
The ownership percentage is based on 11,500,000 Class A ordinary shares outstanding as of February 3, 2026, as disclosed by the company. The reporting persons certified that the shares were not acquired and are not held to change or influence control of White Pearl Acquisition Corp.
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FAQ
What ownership stake in White Pearl Acquisition Corp. (WPAC) did Feis Equities report?
Feis Equities LLC and Lawrence M. Feis reported beneficial ownership of 1,073,799 Class A ordinary shares of White Pearl Acquisition Corp., representing 9.34% of the class. This percentage is based on 11,500,000 Class A shares outstanding as of February 3, 2026, per the issuer’s disclosure.
Who are the reporting persons in the White Pearl Acquisition Corp. (WPAC) Schedule 13G?
The Schedule 13G lists Feis Equities LLC and Lawrence M. Feis as reporting persons. Feis Equities LLC is an Illinois limited liability company, and Lawrence M. Feis, a United States citizen, is identified individually and as Managing Member of the LLC.
Is the Feis Equities ownership in White Pearl Acquisition Corp. (WPAC) passive or for control?
The reporting persons certified the securities were not acquired and are not held for the purpose or effect of changing or influencing control of White Pearl Acquisition Corp., other than activities solely in connection with a nomination under Rule 240.14a-11, indicating a passive investment intent.
What type of reporting person is Feis Equities LLC in the WPAC Schedule 13G?
Feis Equities LLC is classified as “OO - Limited Liability Company” in the Schedule 13G. This designation indicates an “other” type of reporting person that is specifically identified as a limited liability company organized under the laws of Illinois.