Vault-13

VERNAL CAP ACQUISITION CORP VECA

ORD SHS · Common Stock · CUSIP G93Y7F106

27 institutional holders
7,939,7587.9m shares reported held*
60.0% of all shares outstanding*
$78.9mreported value*

* 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. Shares outstanding: 13.2m as of 2026-06-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.94.

Biggest buyers

Karpus Management, Inc. New +1,484,400+1.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +985,916+985.9k
AQR Arbitrage LLC New +719,650+719.6k
WOLVERINE ASSET MANAGEMENT LLC New +624,930+624.9k
Hudson Bay Capital Management LP New +500,000+500.0k
MIZUHO SECURITIES USA LLC New +482,233+482.2k
WHITEBOX ADVISORS LLC New +400,000+400.0k
Linden Advisors LP New +375,000+375.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +318,014+318.0k
HEIGHTS CAPITAL MANAGEMENT, INC New +300,000+300.0k

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.

HolderStakeChangeShares Last filed
Vernal One Ltd 13D · may seek influence new · filed 2026-05-18
Stated purposeThe information set forth in Item 3 above is incorporated into this Item 4 by reference. The Reporting Persons may acquire additional securities of the Issuer, or retain or sell all or a portion of the securities then held, in the open market or in privately negotiated transactions. Except as described in this Statement, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, except as set forth herein or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein. The Reporting Persons acquired the shares reported herein for investment purposes. The Reporting Persons intend to review their investment in the … Full filing
20.1% new 2.7m≈ $26.4m 2026-05-18
Karpus Management, Inc. 13G · institution new · filed 2026-06-05 11.9% new 1.5m≈ $14.8m 2026-06-05
HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 7.5% new 985.9k≈ $9.8m 2026-08-14
AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-12 5.4% new 719.6k≈ $7.2m 2026-08-12

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: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 1 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 20260—0——
Q2 20261—0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-05-07 DU JUN Officer, director · See FN Bought 213,562 — —213.6k shares +9%
2026-05-07 Vernal One Ltd 10% owner Bought 213,562 — —213.6k shares +9%

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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.42% of their portfolio Pittsford, NY 1,484,4001.5m $14.8m $14.8m 0.42% New
2 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.33% of their portfolio NEW YORK, NY 985,916985.9k $9.8m $9.8m 0.33% New
3 AQR Arbitrage LLC 0.10% of their portfolio Greenwich, CT 719,650719.6k $7.2m $7.2m 0.10% New
4 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 624,930624.9k $6.2m $6.2m 0.08% New
5 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 500,000500.0k $5.0m $5.0m 0.02% New
6 MIZUHO SECURITIES USA LLC 0.05% of their portfolio NEW YORK, NY 482,233482.2k $4.7m $4.7m 0.05% New
7 WHITEBOX ADVISORS LLC 0.06% of their portfolio MINNEAPOLIS, MN 400,000400.0k $4.0m $4.0m 0.06% New
8 Linden Advisors LP 0.02% of their portfolio New York, NY 375,000375.0k $3.7m $3.7m 0.02% New
9 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.15% of their portfolio WEST PALM BEACH, FL 318,014318.0k $3.2m $3.2m 0.15% New
10 HEIGHTS CAPITAL MANAGEMENT, INC 0.69% of their portfolio SAN FRANCISCO, CA 300,000300.0k $3.0m $3.0m 0.69% New
11 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 270,350270.4k $2.7m $2.7m 0.00% New
12 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 181,250181.2k $1.8m $1.8m 0.00% New
13 Meteora Capital, LLC 0.15% of their portfolio Boca Raton, FL 180,847180.8k $1.8m $1.8m 0.15% New
14 Westchester Capital Management, LLC 0.07% of their portfolio VALHALLA, NY 150,000150.0k $1.5m $1.5m 0.07% New
15 Crossingbridge Advisors, LLC 0.26% of their portfolio PLEASANTVILLE, NY 150,000150.0k $1.5m $1.5m 0.26% New
16 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 148,457148.5k $1.5m $1.5m 0.00% New
17 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 122,551122.6k $1.2m $1.2m 0.00% New
18 Polar Asset Management Partners Inc. 0.02% of their portfolio TORONTO, A6 100,000100.0k $994.0k $994.0k 0.02% New
19 BERKLEY W R CORP 0.05% of their portfolio Greenwich, CT 99,32099.3k $987.2k $987.2k 0.05% New
20 Shaolin Capital Management LLC 0.05% of their portfolio Miami, FL 95,60095.6k $950.3k $950.3k 0.05% New
21 Kepos Capital LP 1.02% of their portfolio NEW YORK, NY 75,00075.0k $746.0k $746.0k 1.02% New
22 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 57,83857.8k $574.9k $574.9k 0.01% New
23 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 50,00050.0k $497.0k $497.0k 0.02% New
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 44,19944.2k $439.0k $439.0k 0.00% New
25 Virtu Financial LLC 0.00% of their portfolio New York, NY 13,20613.2k $131.0k $131.0k 0.00% New
26 TrueMark Investments, LLC 0.01% of their portfolio CHICAGO, IL 10,00010.0k $99.4k $99.4k 0.01% New
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 997997 $9.9k $9.9k 0.00% New