Vernal One Ltd (VECA) discloses 2,443,750 sponsor-held ordinary shares
Rhea-AI Filing Summary
Vernal Capital Acquisition Corp. insider ownership is detailed in this Form 3 for Vernal One Ltd, which is identified as a ten percent owner. The filing reports that Vernal One Ltd holds 2,443,750 Ordinary Shares of Vernal Capital Acquisition Corp.
The footnote explains that Vernal One Ltd is a sponsor of the company and is the record holder of these securities. Jun Du is the sole member of Vernal One Ltd and has voting and investment discretion over the shares held by the sponsor.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vernal One Ltd
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Ordinary Share — 2,443,750 shares (Direct)
Footnotes (1)
- F1. Vernal One Limited (the "Sponsor"), one of the sponsors of the Issuer, is the record holder of the securities reported herein. Jun Du is the sole member of the Sponsor and owns the voting and investment discretion with respect to the securities held of record by the Sponsor.
Key Figures
Ordinary Shares owned: 2,443,750 shares
Ownership status: Ten percent owner
2 metrics
Ordinary Shares owned
2,443,750 shares
Total shares beneficially owned following reported holdings
Ownership status
Ten percent owner
Reporting person classified as 10% owner of VECA
Key Terms
ten percent owner, Form 3, beneficial ownership, voting and investment discretion, +1 more
5 terms
ten percent owner financial
"Vernal One Ltd is identified as a ten percent owner."
Form 3 regulatory
"This Form 3 is an initial statement of holdings by a major shareholder."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"Vernal One Ltd reports beneficial ownership of 2,443,750 Ordinary Shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and investment discretion financial
"Jun Du ... owns the voting and investment discretion with respect to the securities."
sponsor financial
"Vernal One Limited, one of the sponsors of the Issuer, is the record holder."
AI-generated analysis. How Rhea-AI works. Not financial advice.