Wolverine Asset reveals 5.01% Westin Acquisition stake (WSTN)
Rhea-AI Filing Summary
Wolverine Asset Management, LLC and related parties reported beneficial ownership of 265,021 Class A ordinary shares of Westin Acquisition Corp., representing 5.01% of that class. Voting and dispositive power over these shares is shared among Wolverine Asset Management, Wolverine Holdings, and managers Christopher L. Gust and Robert R. Bellick.
The ownership percentage is based on 5,292,500 Class A ordinary shares outstanding as of March 31, 2026, as disclosed in Westin Acquisition Corp.’s Form 10-Q filed May 15, 2026. Dividends and sale proceeds on the reported shares are payable to Wolverine Flagship Fund Trading Limited.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 265,021 Class A ordinary shares
Ownership percentage: 5.01%
Shares outstanding: 5,292,500 Class A ordinary shares
+2 more
5 metrics
Beneficial ownership
265,021 Class A ordinary shares
Shares over which Wolverine Asset Management and related parties have shared voting and dispositive power
Ownership percentage
5.01%
Portion of Westin Acquisition Corp. Class A ordinary shares deemed beneficially owned by the reporting group
Shares outstanding
5,292,500 Class A ordinary shares
Outstanding as of March 31, 2026, per Westin Acquisition Corp.’s Form 10-Q filed May 15, 2026
CUSIP
G9584S106
Security identifier for Westin Acquisition Corp. Class A ordinary shares
Signature date
07/13/2026
Date the ownership report was signed by the reporting persons
Key Terms
beneficial owner, shared voting power, dispositive power, investment adviser, +1 more
5 terms
beneficial owner financial
"WAM may be deemed the beneficial owner of 5.01% of the Issuer's outstanding Class A Ordinary Shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power financial
"shared power to dispose, or direct the disposition, of 265,021 of the Issuer's Class A ordinary shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
investment adviser financial
"Wolverine Asset Management, LLC ("WAM") is an investment adviser and has voting and dispositive power"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Westin Acquisition Corp (WSTN) does Wolverine Asset Management report owning?
Wolverine Asset Management and related parties report beneficial ownership of 5.01% of Westin Acquisition Corp.’s Class A ordinary shares. This percentage is calculated using 5,292,500 shares outstanding as of March 31, 2026, as referenced from the company’s Form 10-Q.
Which entity receives dividends and sale proceeds from Wolverine’s WSTN holdings?
Wolverine Flagship Fund Trading Limited is entitled to receive dividends and sale proceeds from the 265,021 Westin Acquisition Corp. Class A ordinary shares. These shares are the ones that may be deemed beneficially owned by Wolverine Asset Management and the related reporting persons.