Form 4: Wolverine Asset Management Reduces Eureka Stake
Insider Transaction Report
Wolverine Asset Management LLC reported multiple sales of Class A Ordinary Shares in Eureka Acquisition Corp, reducing its indirect beneficial ownership.
Summary
- Wolverine Asset Management LLC, a 10% owner and director of Eureka Acquisition Corp, reported a series of sales of Class A Ordinary Shares.
- The sales occurred between November 4, 2025, and December 5, 2025, at prices ranging from $10.88 to $10.91 per share.
- A total of 1,054 Class A Ordinary Shares were disposed of across six separate transactions.
- Following these transactions, Wolverine Flagship Fund Trading Limited, managed by Wolverine Asset Management LLC, indirectly beneficially owns 397,324 Class A Ordinary Shares.
Sentiment
Score: 5
Explanation: Neutral, as Form 4 reports factual insider transactions without explicit positive or negative commentary on the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may interpret the sales by a 10% owner and director as a potential signal regarding the company's future prospects, though the amounts sold are relatively small compared to the total holding.
Key Dates
| Date | Description |
|---|---|
| 2025-07-16 | Date of Earliest Transaction reported on this form. |
| 2025-11-04 | Sale of 20 Class A Ordinary Shares at $10.88 per share. |
| 2025-11-05 | Sale of 18 Class A Ordinary Shares at $10.88 per share. |
| 2025-11-06 | Sale of 4 Class A Ordinary Shares at $10.88 per share. |
| 2025-11-07 | Sale of 1,000 Class A Ordinary Shares at $10.88 per share. |
| 2025-12-01 | Sale of 10 Class A Ordinary Shares at $10.89 per share. |
| 2025-12-05 | Sale of 2 Class A Ordinary Shares at $10.91 per share. |
| 2025-12-08 | Form 4 filing date. |
Keywords
Eureka Acquisition Corp, EURK, Wolverine Asset Management, Form 4, Insider Trading, Share Sale, Beneficial Ownership, Class A Ordinary Shares, SPAC
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