LIGHTWAVE ACQUISITION CORP LWACU
UNIT 06/06/2030 · Unit · CUSIP G5490M118
- 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 ≈ $10.05.
Biggest buyers
| AQR Arbitrage LLC | New | +1.4m |
| Magnetar Financial LLC | New | +1.0m |
| TENOR CAPITAL MANAGEMENT Co., L.P. | New | +1.0m |
| LMR Partners LLP | New | +900.0k |
| Verition Fund Management LLC | New | +800.0k |
| Alberta Investment Management Corp | New | +750.0k |
| Linden Advisors LP | New | +700.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +700.0k |
| TWO SIGMA INVESTMENTS, LP | New | +679.7k |
| MILLENNIUM MANAGEMENT LLC | New | +650.0k |
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.
| Holder | Stake |
|---|---|
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2025-08-12 | 6.3% |
Fell to 5% or below in the last year: Magnetar Financial LLC (4.6%, 2025-11-13)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| 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 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-26 | Bennett Robert Michael +1 Chief Executive Officer | Bought | $6.1m606.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| AQR Arbitrage LLC 0.33% of their portfolio | 1.4m $14.1m | New |
| Magnetar Financial LLC 0.05% of their portfolio | 1.0m $10.3m | New |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.14% of their portfolio | 1.0m $10.1m | New |
| LMR Partners LLP 0.14% of their portfolio | 900.0k $9.1m | New |
| Verition Fund Management LLC 0.05% of their portfolio | 800.0k $8.0m | New |
| Alberta Investment Management Corp 0.06% of their portfolio | 750.0k $7.5m | New |
| Linden Advisors LP 0.04% of their portfolio | 700.0k $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 |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 650.0k $6.5m | New |
| Saba Capital Management, L.P. 0.16% of their portfolio | 600.0k $6.0m | New |
| Virtu Financial LLC 0.23% of their portfolio | 452.8k $4.6m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio | 450.0k $4.5m | New |
| CLEAR STREET LLC 0.03% of their portfolio | 434.4k $4.4m | New |
| Shaolin Capital Management LLC 0.18% of their portfolio | 400.0k $4.0m | New |
| Radcliffe Capital Management, L.P. 0.29% of their portfolio | 384.7k $3.9m | New |
| Polar Asset Management Partners Inc. 0.09% of their portfolio | 357.5k $3.6m | New |
| Westchester Capital Management, LLC 0.21% of their portfolio | 350.0k $3.5m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 334.4k $3.4m | New |
| Ghisallo Capital Management LLC 0.09% of their portfolio | 325.0k $3.3m | New |
| Periscope Capital Inc. 1.23% of their portfolio | 323.3k $3.3m | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 300.0k $3.0m | New |
| Governors Lane LP 0.41% of their portfolio | 300.0k $3.0m | New |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 300.0k $3.0m | New |
| MIZUHO SECURITIES USA LLC 0.06% of their portfolio | 293.6k $2.9m | First filing |
| GLAZER CAPITAL, LLC 0.10% of their portfolio | 290.0k $2.9m | New |
| MMCAP International Inc. SPC 0.30% of their portfolio | 250.0k $2.5m | New |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 249.0k $2.5m | New |
| HGC Investment Management Inc. 0.69% of their portfolio | 245.5k $2.5m | New |
| ARISTEIA CAPITAL, L.L.C. 0.06% of their portfolio | 225.0k $2.3m | New |
| Centiva Capital, LP 0.15% of their portfolio | 225.0k $2.3m | New |
| BERKLEY W R CORP 0.14% of their portfolio | 223.2k $2.2m | New |
| Bulldog Investors, LLP 0.52% of their portfolio | 202.7k $2.0m | New |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 200.0k $2.0m | New |
| SOROS FUND MANAGEMENT LLC 0.03% of their portfolio | 200.0k $2.0m | New |
| Weiss Asset Management LP 0.03% of their portfolio | 200.0k $2.0m | Not comparable |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 200.0k $2.0m | New |
| Mint Tower Capital Management B.V. 0.30% of their portfolio | 200.0k $2.0m | New |
| StoneX Group Inc. 0.08% of their portfolio | 169.9k $1.7m | New |
| K2 PRINCIPAL FUND, L.P. 0.28% of their portfolio | 150.0k $1.5m | New |
| WHITEBOX ADVISORS LLC 0.03% of their portfolio | 125.0k $1.3m | New |
| Calamos Advisors LLC 0.01% of their portfolio | 123.2k $1.2m | New |
| OMERS ADMINISTRATION Corp 0.01% of their portfolio | 100.0k $1.0m | New |
| Context Capital Management, LLC 0.03% of their portfolio | 100.0k $1.0m | New |
| 683 Capital Management, LLC 0.10% of their portfolio | 100.0k $1.0m | New |
| DLD Asset Management, LP 0.12% of their portfolio | 100.0k $1.0m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 99.9k $1.0m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 87.0k $875.2k | New |
| ATW SPAC MANAGEMENT LLC 1.34% of their portfolio | 87.0k $875.2k | New |
| CSS LLC/IL 0.05% of their portfolio | 75.0k $754.5k | New |
| STEADFAST CAPITAL MANAGEMENT LP 0.01% of their portfolio | 75.0k $754.5k | New |
| Crossingbridge Advisors, LLC 0.66% of their portfolio | 75.0k $753.8k | New |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.09% of their portfolio | 55.4k $557.3k | New |
| BCK CAPITAL MANAGEMENT LP 0.46% of their portfolio | 52.5k $528.1k | New |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.16% of their portfolio | 50.0k $502.5k | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 50.0k $503.0k | New |
| Quarry LP 0.12% of their portfolio | 50.0k $503.0k | New |
| GABELLI FUNDS LLC 0.00% of their portfolio | 44.6k $448.7k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 40.5k $407.2k | New |
| MANGROVE PARTNERS IM, LLC 0.04% of their portfolio | 40.0k $402.4k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 39.6k $398.0k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 25.0k $251.0k | New |
| Parallax Volatility Advisers, L.P. 0.01% of their portfolio | 25.0k $251.5k | New |
| READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio | 25.0k $251.2k | New |
| PenderFund Capital Management Ltd. 0.02% of their portfolio | 10.0k $100.5k | New |
| UBS Group AG 0.00% of their portfolio | 2.9k $29.3k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | New |