SCHEDULE: Tenor Capital Discloses 4.9% Stake in Siddhi Acquisition
Beneficial Ownership Disclosure
Tenor Capital Management Company, L.P., along with Tenor Opportunity Master Fund, Ltd. and Robin Shah, reported a 4.9% beneficial ownership stake in Siddhi Acquisition Corp Unit's Class A ordinary shares.
Summary
- Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah collectively hold 1,374,599 Class A ordinary shares of Siddhi Acquisition Corp Unit.
- This represents 4.9% of the Class A ordinary shares outstanding.
- The shares are held in the form of units, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
- The percentage is calculated based on 27,600,000 units issued and outstanding as reported in Siddhi Acquisition Corp Unit's 10-Q filed on June 30, 2025.
- The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
- The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a routine disclosure of beneficial ownership and typically carries a neutral sentiment, as it primarily provides factual information without indicating positive or negative operational performance or strategic shifts.
Industry Context
This filing is a standard disclosure of beneficial ownership by an investment manager and related entities in a Special Purpose Acquisition Company (SPAC). Such disclosures are common as investment funds take positions in publicly traded entities, including SPACs, which are typically formed to merge with or acquire a private company.
Stakeholder Impact
- This disclosure informs shareholders and the market about a significant passive ownership stake held by Tenor Capital Management and its affiliates, providing transparency regarding the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement; also the date of the Issuer's 10-Q filing used for percentage calculation. |
| 08/13/2025 | Date of signing and filing of this Schedule 13G Amendment No. 1. |
Keywords
Siddhi Acquisition Corp, Tenor Capital Management, Tenor Opportunity Master Fund, Robin Shah, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SPAC, Investment Management
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.