SCHEDULE: Wolverine Entities Disclose 6.77% Stake in Starry Sea
Beneficial Ownership Report
Wolverine Asset Management, LLC and related entities reported beneficial ownership of 6.77% of Starry Sea Acquisition Corp's Ordinary Shares.
Summary
- Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust, and Robert R. Bellick collectively reported beneficial ownership of 517,147 Ordinary Shares of Starry Sea Acquisition Corp.
- This ownership represents 6.77% of the Issuer's outstanding Ordinary Shares.
- The percentage was calculated based on 7,635,871 shares outstanding as of October 24, 2025, as reported in the Issuer's 10-Q filed on October 31, 2025.
- All reporting persons hold shared voting and dispositive power over the 517,147 shares.
- 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.
- Wolverine Flagship Fund Trading Limited is known to have the right to receive dividends or proceeds from the sale of these shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It is a standard disclosure of beneficial ownership and does not contain information that would inherently be positive or negative for the issuer's prospects.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors or groups acquiring more than 5% of a company's shares, indicating a passive investment intent rather than an activist stance. This filing updates the market on Wolverine's continued significant, but passive, stake in Starry Sea Acquisition Corp.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment approach.
Key Dates
| Date | Description |
|---|---|
| 2025-10-24 | Date as of which the number of shares outstanding (7,635,871) was reported in the Issuer's 10-Q. |
| 2025-10-31 | Date the Issuer's 10-Q was filed, providing the shares outstanding figure. |
| 2025-12-31 | Date of event which requires the filing of this statement. |
| 2026-02-03 | Signature date for Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust, and Robert R. Bellick. |
Keywords
Starry Sea Acquisition Corp, Wolverine Asset Management, Beneficial Ownership, Schedule 13G, Ordinary Shares, Investment Adviser, Equity Stake
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