Vernal Capital (VECA) director THAM Saloon files initial Form 3 with no trades

Rhea-AI Filing Summary

Vernal Capital Acquisition Corp. director THAM Saloon filed an initial Form 3, which is a statement of beneficial ownership for insiders. The filing shows no reportable transactions, meaning there were no buys, sells, or other equity trades disclosed 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^*

THAM Saloon

(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
	Officer (give title below)		Other (specify below)

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:

No securities are beneficially owned.

	/s/ Saloon Tham	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 the Vernal Capital Acquisition Corp. (VECA) Form 3 filing show for THAM Saloon?

The Form 3 shows that director THAM Saloon has filed an initial statement of beneficial ownership. It reports no equity transactions, meaning no buys, sells, or derivative exercises are disclosed in this filing for Vernal Capital Acquisition Corp.

Did THAM Saloon buy or sell Vernal Capital Acquisition Corp. (VECA) shares in this Form 3?

No, the Form 3 reports zero buy and zero sell transactions for THAM Saloon. The transaction summary lists no acquisitions, dispositions, exercises, gifts, or restructurings, indicating no reportable trading activity at this time.

What is the transaction summary for THAM Saloon in the VECA Form 3?

The transaction summary shows buyCount, sellCount, acquireCount, disposeCount, and exerciseCount are all zero. NetBuySellShares is also zero with a neutral direction, confirming there were no insider trades or derivative transactions reported in this initial filing.

Does the VECA Form 3 disclose any derivative positions for THAM Saloon?

No, the derivativeSummary section is empty in this Form 3. That means there are no unexercised options, warrants, or other derivative securities reported for THAM Saloon in connection with Vernal Capital Acquisition Corp. in this particular filing.

What insider role does THAM Saloon have at Vernal Capital Acquisition Corp. (VECA)?

THAM Saloon is identified as a director of Vernal Capital Acquisition Corp. The Form 3 indicates Saloon is not an officer and not a ten percent owner, so the reporting obligation arises from board service rather than large share ownership or an executive role.