W. R. Berkley (YHNA) reports 7.8% beneficial ownership in YHN Acquisition I
Rhea-AI Filing Summary
W. R. Berkley Corporation, together with its subsidiary Berkley Insurance Company, reports beneficial ownership of 335,894 ordinary shares of YHN Acquisition I Limited, representing 7.8% of the class as of the event date.
The filing shows no sole voting or dispositive power, and shared voting and dispositive power over all 335,894 shares. The reporting persons state the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of YHN Acquisition I Limited.
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FAQ
What ownership stake does W. R. Berkley report in YHNA?
W. R. Berkley reports beneficial ownership of 335,894 ordinary shares of YHN Acquisition I Limited, equal to 7.8% of the class. This reflects a significant minority position disclosed in an amended Schedule 13G filing.
Who are the reporting persons in the YHNA Schedule 13G/A?
The reporting persons are W. R. Berkley Corporation and its subsidiary Berkley Insurance Company, both organized in Delaware. They report shared voting and dispositive power over the same 335,894 ordinary shares of YHN Acquisition I Limited.
How much voting power does W. R. Berkley have in YHN Acquisition I Limited?
The filing shows no sole voting power and shared voting power over 335,894 shares. It also reports shared dispositive power over the same shares, indicating decisions are made jointly rather than by W. R. Berkley alone.
Does W. R. Berkley seek control of YHN Acquisition I Limited?
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also notes they are not held in connection with transactions aimed at such control.
What type of securities of YHNA are covered in this Schedule 13G/A?
The filing covers ordinary shares of YHN Acquisition I Limited, identified by CUSIP G1514D101. W. R. Berkley Corporation and Berkley Insurance Company together report beneficial ownership and shared voting and dispositive power over 335,894 of these shares.
Why is this Schedule 13G/A filing required for YHNA?
A Schedule 13G/A is required when an investor exceeds certain ownership thresholds. Here, W. R. Berkley reports beneficial ownership of 7.8% of YHN Acquisition I Limited’s ordinary shares, triggering a disclosure obligation as of the stated event date.