6.62% Westin Acquisition stake reported by Shaolin (WSTN)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Shaolin Capital Management LLC and David Puritz reported a passive stake in Westin Acquisition Corp. They disclosed beneficial ownership of 400,000 ordinary shares, representing 6.62% of the outstanding class. The filing is on Schedule 13G, which is used for investors who state they are not seeking to change control of the company.
The reporting persons certify the shares were not acquired, and are not held, for the purpose of influencing control, consistent with passive investment status. The event triggering the filing occurred on 01/07/2026, and the joint filing is signed by firm officer Anthony Giraulo and by Mr. Puritz.
Positive
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Negative
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FAQ
What stake in Westin Acquisition Corp (WSTN) did Shaolin Capital report?
Shaolin Capital Management LLC and David Puritz reported beneficial ownership of 400,000 ordinary shares of Westin Acquisition Corp, representing 6.62% of the outstanding class. This level of ownership requires public disclosure on a Schedule 13G filing.
What is the significance of a Schedule 13G filing for WSTN?
A Schedule 13G filing indicates an investor owns more than 5% of a company’s shares but claims a passive investment intent. For Westin Acquisition Corp, Shaolin and Puritz state the holdings are not for changing or influencing control of the issuer.
Who are the reporting persons in the Westin Acquisition Corp (WSTN) Schedule 13G?
The reporting persons are Shaolin Capital Management LLC, an investment manager organized in Delaware, and David Puritz. They jointly report beneficial ownership of 400,000 ordinary shares, equal to 6.62% of Westin Acquisition Corp’s outstanding ordinary share class.
When did the ownership event for Shaolin and Puritz in WSTN occur?
The date of the event requiring the Schedule 13G filing is 01/07/2026. This date marks when their beneficial ownership position in Westin Acquisition Corp crossed a disclosure threshold, triggering the obligation to report their 6.62% stake publicly.
Does Shaolin Capital aim to influence control of Westin Acquisition Corp (WSTN)?
The filing expressly states the securities were not acquired and are not held for changing or influencing control of Westin Acquisition Corp. This language is standard for passive Schedule 13G investors who do not seek to direct corporate control.
What roles do the signatories play in the WSTN Schedule 13G filing?
The Schedule 13G is signed by Anthony Giraulo, Chief Financial Officer of Shaolin Capital Management LLC, and David Puritz. Their signatures certify that the reported 400,000-share, 6.62% beneficial ownership in Westin Acquisition Corp is accurate to the best of their knowledge.