SCHEDULE: Verition Fund Discloses 5.03% Stake in Thayer Ventures II
Beneficial Ownership Report
Verition Fund Management LLC and Nicholas Maounis have disclosed a 5.03% beneficial ownership stake in Thayer Ventures Acquisition Corp II's Class A Ordinary shares.
Summary
- Verition Fund Management LLC and Nicholas Maounis (collectively, the "Reporting Persons") have filed a Schedule 13G, disclosing beneficial ownership in Thayer Ventures Acquisition Corp II.
- As of June 30, 2025, the Reporting Persons beneficially own 1,030,188 Class A Ordinary Shares.
- This ownership represents approximately 5.03% of the Class A Ordinary Shares outstanding.
- The percentage is based on 20,487,500 Class A Ordinary Shares outstanding as of June 30, 2025, as reported in the Issuer's Form 10-Q.
- Verition Fund Management LLC serves as the investment manager to Verition Multi-Strategy Master Fund Ltd., which holds the shares.
- Nicholas Maounis is the managing member of Verition Fund Management LLC.
- The Reporting Persons have shared voting and shared dispositive power over all 1,030,188 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that inherently indicates positive or negative sentiment regarding the company's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing is a standard disclosure of a significant ownership stake by an investment fund in a Special Purpose Acquisition Company (SPAC). It indicates institutional interest in Thayer Ventures Acquisition Corp II, which is seeking an initial business combination.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: The disclosure of a new significant institutional holder (Verition Fund Management LLC) may be viewed positively, signaling increased institutional interest in the company's shares.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which required the filing of this statement (ownership threshold crossed). |
| 08/14/2025 | Date the Schedule 13G was signed and filed. |
Keywords
Thayer Ventures Acquisition Corp II, Verition Fund Management, Nicholas Maounis, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Investment Fund, SEC Filing
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