LIGHTWAVE ACQUISITION CORP LWAC
USD CL A ORD SHS · Common Stock · CUSIP G5490M100
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersMenlo Park, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.96.
Biggest buyers
| AQR Arbitrage LLC | New | +1.4m |
| TENOR CAPITAL MANAGEMENT Co., L.P. | New | +1.0m |
| Linden Advisors LP | New | +950.0k |
| TORONTO DOMINION BANK | New | +790.8k |
| Verition Fund Management LLC | New | +741.3k |
| D. E. Shaw & Co., Inc. | New | +703.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +700.0k |
| TWO SIGMA INVESTMENTS, LP | New | +679.7k |
| Shaolin Capital Management LLC | New | +500.0k |
| MANGROVE PARTNERS IM, LLC | New | +486.9k |
Biggest sellers
| None |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: BARCLAYS PLC (0.0%, 2026-02-13), AQR CAPITAL MANAGEMENT LLC (4.8%, 2026-02-11)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $6.1m | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| AQR Arbitrage LLC 0.35% of their portfolio | 1.4m $14.0m | New |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.13% of their portfolio | 1.0m $9.9m | New |
| Linden Advisors LP 0.06% of their portfolio | 950.0k $9.5m | New |
| TORONTO DOMINION BANK 0.02% of their portfolio | 790.8k $7.9m | New |
| Verition Fund Management LLC 0.04% of their portfolio | 741.3k $7.4m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 703.6k $7.0m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 700.0k $7.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 679.7k $6.8m | New |
| Shaolin Capital Management LLC 0.24% of their portfolio | 500.0k $5.0m | New |
| MANGROVE PARTNERS IM, LLC 0.36% of their portfolio | 486.9k $4.8m | New |
| Radcliffe Capital Management, L.P. 0.29% of their portfolio | 475.0k $4.7m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio | 450.0k $4.5m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 400.0k $4.0m | New |
| Ghisallo Capital Management LLC 0.11% of their portfolio | 325.0k $3.2m | New |
| Virtu Financial LLC 0.17% of their portfolio | 311.8k $3.1m | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 311.5k $3.1m | New |
| Governors Lane LP 0.41% of their portfolio | 300.0k $3.0m | New |
| GLAZER CAPITAL, LLC 0.09% of their portfolio | 270.0k $2.7m | New |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 250.0k $2.5m | New |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 249.0k $2.5m | New |
| ARISTEIA CAPITAL, L.L.C. 0.07% of their portfolio | 225.0k $2.2m | New |
| Centiva Capital, LP 0.21% of their portfolio | 225.0k $2.2m | New |
| BERKLEY W R CORP 0.14% of their portfolio | 223.2k $2.2m | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 200.0k $2.0m | New |
| Clear Street Group Inc. 0.01% of their portfolio | 192.3k $1.9m | First filing |
| MIZUHO SECURITIES USA LLC 0.03% of their portfolio | 171.5k $1.7m | New |
| WHITEBOX ADVISORS LLC 0.02% of their portfolio | 125.0k $1.2m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 100.0k $995.3k | New |
| Context Capital Management, LLC 0.03% of their portfolio | 100.0k $995.0k | New |
| 683 Capital Management, LLC 0.09% of their portfolio | 100.0k $995.0k | New |
| Bulldog Investors, LLP 0.23% of their portfolio | 100.0k $995.0k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 87.0k $865.6k | New |
| ATW SPAC MANAGEMENT LLC 1.09% of their portfolio | 87.0k $865.6k | New |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.09% of their portfolio | 55.4k $551.2k | New |
| GABELLI FUNDS LLC 0.00% of their portfolio | 44.6k $443.8k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 14.8k $147.0k | New |