SCHEDULE 13G/A: Key Investors Disclose Beneficial Ownership in Charlton Aria Acquisition Corporation
Beneficial Ownership Report
An amended Schedule 13G filing reveals the beneficial ownership stakes of ATW SPAC Management LLC, Kerry Propper, and Antonio Ruiz-Gimenez in Charlton Aria Acquisition Corporation's Class A Ordinary Shares.
Summary
- ATW SPAC Management LLC, a registered investment adviser, beneficially owns 304,890 Class A Ordinary Shares of Charlton Aria Acquisition Corporation, representing 3.4% of the class.
- Kerry Propper beneficially owns 539,000 Class A Ordinary Shares, representing 6.1% of the class.
- Antonio Ruiz-Gimenez beneficially owns 539,000 Class A Ordinary Shares, also representing 6.1% of the class.
- The reported percentages are based on 8,840,000 Class A Ordinary Shares issued and outstanding as of March 24, 2025, as disclosed in the Issuer's Form 10-K.
- The shares are held by private funds managed by ATW SPAC Management LLC and its affiliate, SZOP Multistrat LP.
- Antonio Ruiz-Gimenez and Kerry Propper are managing members of ATW SPAC Management LLC and its affiliate.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without indicating positive or negative performance or outlook.
Future Outlook
NA
Industry Context
This Schedule 13G/A filing is a routine disclosure required by the SEC when an entity or individual acquires beneficial ownership of more than 5% of a company's voting class of securities. For Special Purpose Acquisition Companies (SPACs) like Charlton Aria Acquisition Corporation, such filings provide transparency regarding significant investor stakes, which is crucial for understanding the ownership structure as the SPAC progresses towards a potential business combination.
Related Party Transactions
- Antonio Ruiz-Gimenez and Kerry Propper are managing members of ATW SPAC Management LLC, which manages private funds holding the reported shares, indicating a direct relationship between the individual filers and the institutional filer.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes by key investors and their affiliates, offering insight into the company's investor base.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date as of which 8,840,000 Class A Ordinary Shares were issued and outstanding, as disclosed in the Issuer's Form 10-K. |
| 03/31/2025 | Date of event which requires the filing of this statement. |
| 05/15/2025 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
Beneficial Ownership, Schedule 13G, Charlton Aria Acquisition Corporation, Class A Ordinary Shares, ATW SPAC Management LLC, Kerry Propper, Antonio Ruiz-Gimenez, SPAC, Investment Adviser, SEC Filing
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