Karpus Management reports 14.94% stake in Westin Acquisition (WSTN)
Rhea-AI Filing Summary
Westin Acquisition Corp reports a 1,203,790-share holding, representing 14.94% of its common stock. The position is held directly in accounts managed by Karpus Management, Inc., which states sole voting and dispositive power over the shares. The filing is a Schedule 13G and is signed by Karpus's Chief Compliance Officer on 03/06/2026.
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Insights
Karpus reports a passive, significant stake of 14.94% in Westin Acquisition Corp.
Karpus Management, Inc. discloses beneficial ownership of 1,203,790 shares with sole voting and dispositive power, filed on 03/06/2026. The stake is held in accounts managed by Karpus and attributed to the adviser, not to City of London Investment Group plc.
Filing language cites established informational barriers between Karpus and CLIG; timing and any planned transactions are not stated. Subsequent filings would show changes in position or status.