Vernal Capital (VECA-UN) director and officer Yi Binghan submits initial Form 3

Rhea-AI Filing Summary

Vernal Capital Acquisition Corp. director and officer Yi Binghan has filed an initial statement of beneficial ownership on Form 3. This filing establishes Yi Binghan’s status as an insider of the company but reports no stock or derivative transactions at this time.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Yi Binghan

(Last) (First) (Middle)

C/O VERNAL CAPITAL ACQUISITION CORP.

244 FIFTH AVENUE, SUITE #1845

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/05/2026

3. Issuer Name and Ticker or Trading Symbol
Vernal Capital Acquisition Corp. [ VECA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Yi Binghan is the chief financial officer and a director of the Issuer.

No securities are beneficially owned.

	/s/ Binghan Yi	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Yi Binghan’s Form 3 filing mean for Vernal Capital Acquisition Corp. (VECA-UN)?

The Form 3 filing shows that Yi Binghan is a director and officer of Vernal Capital Acquisition Corp. It formally identifies this person as an insider but does not report any stock or derivative transactions or holdings in the provided data.

Did Yi Binghan buy or sell Vernal Capital Acquisition Corp. (VECA-UN) shares in this Form 3?

No transactions are reported for Yi Binghan in this Form 3. The transaction summary shows zero buys, zero sells, zero exercises, and no gifts or restructurings, indicating no trades are being disclosed in this particular filing excerpt.

What insider role does Yi Binghan hold at Vernal Capital Acquisition Corp. (VECA-UN)?

Yi Binghan is identified as both a director and an officer of Vernal Capital Acquisition Corp. The officer title is referenced as “See Remarks,” indicating further detail appears elsewhere, but the specific title is not included in the provided data.

Does this Form 3 show any derivative positions for Yi Binghan in Vernal Capital Acquisition Corp. (VECA-UN)?

No derivative positions are shown in the provided data. The derivative summary is empty and the transaction summary lists zero derivative transactions or exercises, so no options or similar instruments are disclosed here for Yi Binghan.

Why is there a Form 3 filing if no VECA-UN transactions are reported for Yi Binghan?

Form 3 is an initial statement of beneficial ownership filed when someone becomes an insider. It can be required even when no transactions are reported, simply to record the insider’s status and any initial holdings or lack of transactions at that time.