SCHEDULE 13G: Siddhi Sponsor LLC and Brian D. Finn Disclose 20.8% Beneficial Ownership in Siddhi Acquisition Corp

Siddhi Sponsor LLC and its manager, Brian D. Finn, have jointly disclosed a beneficial ownership of 20.8% in Siddhi Acquisition Corp's Class A Ordinary Shares, totaling 7,238,000 shares.

Summary

• Siddhi Sponsor LLC and Brian D. Finn, as reporting persons, beneficially own an aggregate of 7,238,000 Class A Ordinary Shares of Siddhi Acquisition Corp.
• This ownership represents 20.8% of the Class A Ordinary Shares outstanding.
• The beneficially owned shares consist of 338,000 Class A Ordinary Shares and 6,900,000 Class B Ordinary Shares.
• The Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis upon the consummation of a business combination.
• The reported percentage is based on 27,938,000 Class A Ordinary Shares outstanding, as stated in the Issuer's final prospectus dated March 31, 2025.
• The filing does not include 33,800 Class A Ordinary Shares issuable upon conversion of private placement rights owned by Siddhi Sponsor LLC, where each right entitles the holder to receive one-tenth of one ordinary share upon an initial business combination.
• Brian D. Finn, as the manager of Siddhi Sponsor LLC, holds sole voting and dispositive power over the shares held by the LLC.

Sentiment

Score: 5

Explanation: The document is a factual regulatory disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment. It is neutral.

Future Outlook

NA

Industry Context

This Schedule 13G filing indicates a significant ownership stake by the sponsor and its principal in Siddhi Acquisition Corp, a Special Purpose Acquisition Company (SPAC). Such filings are standard disclosures for SPAC sponsors, reflecting their foundational equity position prior to a potential business combination. This level of ownership is typical for SPAC sponsors, aligning their interests with the success of the eventual de-SPAC transaction.

Comparison to Industry Standards

• The 20.8% beneficial ownership by the sponsor and its principal is a common structure in the SPAC industry, where sponsors typically hold a substantial equity stake (often around 20%) through founder shares (Class B shares) and private placement warrants/rights.
• This ownership structure is designed to incentivize the sponsor to identify and complete a successful business combination, aligning their financial interests with those of public shareholders.
• Comparable SPACs, such as those sponsored by established private equity firms or experienced SPAC teams, often exhibit similar sponsor ownership percentages at the time of their initial public offering and subsequent 13G filings.

Related Party Transactions

• Brian D. Finn is the manager of Siddhi Sponsor LLC and has voting and dispositive power over the shares held by Siddhi Sponsor LLC, indicating a related party relationship between the individual and the entity.

Stakeholder Impact

• Shareholders: The disclosure confirms the significant ownership stake of the sponsor, aligning their interests with the company's performance and the success of a future business combination.
• Management: Brian D. Finn, as a key individual, maintains control over a substantial portion of the company's voting shares.

Next Steps

• The Class B Ordinary Shares and private placement rights will convert into Class A Ordinary Shares upon the consummation of an initial business combination.

Key Dates

Keywords

Siddhi Acquisition Corp, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Class B Ordinary Shares, SPAC, Siddhi Sponsor LLC, Brian D. Finn, SEC Filing, Equity Stake