Vault-13

UNITED ACQUISITION CORP I UAC

ORD SHS CL A · Common Stock · CUSIP G92ALM108

25 institutional holders +4 vs Q1 2026
7,197,2067.2m shares reported held*
$71.5mreported value*
6 new 3 added 4 reduced 2 sold out net bought ≈ $17.6m (+1.8m shares)

* 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 ≈ $9.93.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 26: 21Q2 26: 2525Q1 26Q2 26
Numbers
QuarterHolders
Q1 202621
Q2 202625

Biggest buyers

MMCAP International Inc. SPC New +1,050,000+1.1m
MILLENNIUM MANAGEMENT LLC New +412,500+412.5k
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +136,532+136.5k
PICTON MAHONEY ASSET MANAGEMENT New +99,996+100.0k
BNP PARIBAS FINANCIAL MARKETS New +92,944+92.9k
AQR Arbitrage LLC New +46,496+46.5k
GLAZER CAPITAL, LLC Added +26,771+26.8k
WOLVERINE ASSET MANAGEMENT LLC Added +15,884+15.9k
Radcliffe Capital Management, L.P. Added +12,257+12.3k

Biggest sellers

Clear Street Group Inc. Reduced -50,734-50.7k
Shaolin Capital Management LLC Reduced -50,000-50.0k
Virtu Financial LLC Sold out -21,010-21.0k
TORONTO DOMINION BANK Sold out -796-796
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -612-612
TrueMark Investments, LLC Reduced -612-612

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.

HolderStakeChangeShares Last filed
United Acquisition SPAC LLC 13D · may seek influence -2.3 pts · filed 2026-03-17
Stated purposeItem 4 is hereby amended and restated as follows: In connection with the organization of the Issuer, on October 24, 2025, 2,875,000 Class B Ordinary Shares (the "Founder Shares") were purchased by the Sponsor for the amount of $25,000, pursuant to a Securities Purchase Agreement, dated as of October 24, 2025, by and between the Sponsor and the Issuer (the "Founder Share Purchase Agreement"), as more fully described in Item 6 of the Original Schedule 13D, which information is incorporated herein by reference. In November 2025, the Issuer effected a share dividend, resulting in the Sponsor holding an aggregate of 3,833,333 Founder Shares. Subsequently, the Sponsor transferred 25,000 Founder Shares to four of the Issuer's independent directors at their original purchase price of $0.007 per sh… Full filing
25.0% -2.3 pts 3.5m≈ $34.5m 2026-03-17
Harraden Circle Investments, LLC 13G · institution filed 2026-08-14 10.0% 1.0m≈ $10.4m 2026-08-14
Magnetar Financial LLC 13G · institution new · filed 2026-05-13 9.6% new 1.0m≈ $9.9m 2026-05-13
PICTON MAHONEY ASSET MANAGEMENT 13G · institution new · filed 2026-10-20 5.7% new 600.0k≈ $6.0m 2026-10-20

Insider purchases and sales since 1 Apr 2026

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)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20261$4.6k0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MMCAP International Inc. SPC 0.88% of their portfolio GRAND CAYMAN, E9 1,050,0001.1m $10.4m $10.4m 0.88% New
2 Harraden Circle Investments, LLC 1.32% of their portfolio NEW YORK, NY 1,044,9961.0m $10.4m $10.4m 1.32% Unchanged
3 Magnetar Financial LLC 0.09% of their portfolio EVANSTON, IL 1,000,0001.0m $9.9m $9.9m 0.09% Unchanged
4 BERKLEY W R CORP 0.21% of their portfolio Greenwich, CT 422,792422.8k $4.2m $4.2m 0.21% Unchanged
5 SONA ASSET MANAGEMENT (US) LLC 0.15% of their portfolio NEW YORK, NY 414,655414.7k $4.1m $4.1m 0.15% Unchanged
6 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 412,500412.5k $4.1m $4.1m 0.00% New
7 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.19% of their portfolio WEST PALM BEACH, FL 399,388399.4k $4.0m $4.0m 0.19% Reduced -612 -612
8 GLAZER CAPITAL, LLC 0.09% of their portfolio New York, NY 353,563353.6k $3.5m $3.5m 0.09% Added +26.8k +26,771
9 ARISTEIA CAPITAL, L.L.C. 0.05% of their portfolio GREENWICH, CT 291,992292.0k $2.9m $2.9m 0.05% Unchanged
10 WHITEBOX ADVISORS LLC 0.04% of their portfolio MINNEAPOLIS, MN 260,000260.0k $2.6m $2.6m 0.04% Unchanged
11 Radcliffe Capital Management, L.P. 0.17% of their portfolio BALA CYNWYD, PA 228,058228.1k $2.3m $2.3m 0.17% Added +12.3k +12,257
12 Shaolin Capital Management LLC 0.11% of their portfolio Miami, FL 200,000200.0k $2.0m $2.0m 0.11% Reduced -50.0k -50,000
13 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 181,250181.2k $1.8m $1.8m 0.00% Unchanged
14 MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio NEW YORK, NY 175,000175.0k $1.7m $1.7m 0.04% Unchanged
15 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 136,532136.5k $1.4m $1.4m 0.05% New
16 MIZUHO SECURITIES USA LLC 0.01% of their portfolio NEW YORK, NY 107,179107.2k $1.0m $1.0m 0.01% Unchanged
17 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 100,000100.0k $993.5k $993.5k 0.08% Unchanged
18 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 99,996100.0k $993.5k $993.5k 0.01% New
19 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 92,94492.9k $923.4k $923.4k 0.00% New
20 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 58,67758.7k $583.0k $583.0k 0.01% Added +15.9k +15,884
21 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 51,80051.8k $514.6k $514.6k 0.00% Reduced -50.7k -50,734
22 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 46,49646.5k $461.9k $461.9k 0.01% New
23 ABC ARBITRAGE SA 0.04% of their portfolio PARIS, I0 40,00040.0k $397.4k $397.4k 0.04% Unchanged
24 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 15,00015.0k $149.0k $149.0k 0.00% Unchanged
25 TrueMark Investments, LLC 0.02% of their portfolio CHICAGO, IL 14,38814.4k $142.9k $142.9k 0.02% Reduced -612 -612