SCHEDULE: Wolverine Entities Disclose 4.92% Passive Stake in AlphaVest Acquisition Corp.
Beneficial Ownership Disclosure
Wolverine Asset Management LLC and affiliated entities have filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.92% in AlphaVest Acquisition Corp.'s Ordinary Shares.
Summary
- Wolverine Asset Management LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick collectively reported beneficial ownership of 189,470 Ordinary Shares of AlphaVest Acquisition Corp.
- This ownership represents 4.92% of the Issuer's outstanding Ordinary Shares.
- The percentage was calculated based on 3,854,856 Ordinary Shares outstanding as of May 19, 2025, as reported in AlphaVest Acquisition Corp.'s Form 10-Q filed on May 20, 2025.
- All reporting persons hold shared voting and shared dispositive power over the 189,470 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: Factual disclosure of beneficial ownership, no explicit positive or negative sentiment conveyed.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 2025-05-19 | Date as of which 3,854,856 Ordinary Shares were outstanding, according to the Issuer's Form 10-Q. |
| 2025-05-20 | Date AlphaVest Acquisition Corp. filed its Form 10-Q, which provided the number of outstanding Ordinary Shares. |
| 2025-06-30 | Date of event which required the filing of this statement. |
| 2025-07-03 | Date the Schedule 13G Amendment No. 2 was signed by reporting persons. |
Keywords
AlphaVest Acquisition Corp, Wolverine Asset Management, Beneficial Ownership, Schedule 13G, Ordinary Shares, Passive Investment, SEC Filing
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