Keystone Acquisition Corp. (KEYYU) director discloses 25,000 convertible Class B shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Keystone Acquisition Corp. director Cho Paul Yoonku reported his initial beneficial ownership on a Form 3. He holds 25,000 Class B ordinary shares, which are convertible into 25,000 Class A ordinary shares as described in the company’s Registration Statement on Form S-1.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cho Paul Yoonku
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 25,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Class B shares held: 25,000 shares
Underlying Class A shares: 25,000 shares
Exercise price: $0.0000 per share
3 metrics
Class B shares held
25,000 shares
Total Class B ordinary shares directly owned following report
Underlying Class A shares
25,000 shares
Class A ordinary shares underlying the Class B shares
Exercise price
$0.0000 per share
Conversion or exercise price stated for Class B into Class A
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, Registration Statement on Form S-1, convertible
4 terms
Registration Statement on Form S-1 regulatory
"as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.
convertible financial
"The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
What does Keystone Acquisition Corp. (KEYYU) Form 3 report for Cho Paul Yoonku?
The Form 3 shows director Cho Paul Yoonku’s initial ownership of 25,000 Class B ordinary shares of Keystone Acquisition Corp. These Class B shares are convertible into an equal number of Class A ordinary shares under terms described in the company’s Form S-1 registration statement.
Does the Form 3 for KEYUY show any insider buy or sell transactions?
No explicit buy or sell transactions are reported. The Form 3 functions as an initial ownership report, listing 25,000 Class B ordinary shares held by director Cho Paul Yoonku, rather than documenting new purchases or sales in the market.