SCHEDULE: Verition Fund Management Discloses 3.3% Stake in Thayer Ventures II
Beneficial Ownership Report
Verition Fund Management LLC and Nicholas Maounis reported a 3.3% beneficial ownership stake in Thayer Ventures Acquisition Corp II's Class A Ordinary Shares as of September 30, 2025.
Summary
- Verition Fund Management LLC and Nicholas Maounis (Reporting Persons) jointly reported beneficial ownership of 680,287 Class A Ordinary Shares of Thayer Ventures Acquisition Corp II.
- This represents approximately 3.3% of the Class A Ordinary Shares outstanding, based on 20,487,500 shares as of August 13, 2025.
- The shares are held for the account of Verition Multi-Strategy Master Fund Ltd., where Verition Fund Management LLC acts as investment manager and Nicholas Maounis is the managing member.
- The reported ownership excludes Class A Ordinary Shares underlying Unit Rights, as the Reporting Persons do not have the right to acquire them within 60 days.
- The filing is an Amendment No. 1 to Schedule 13G, indicating a change in previously reported ownership or a new reporting threshold.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G is a factual, regulatory filing reporting passive ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of passive institutional ownership in a Special Purpose Acquisition Company (SPAC). Such filings are common as institutional investors take positions in SPACs, often anticipating a future business combination. The 3.3% stake indicates a significant but non-controlling interest.
Stakeholder Impact
- Shareholders: The disclosure of an institutional investor holding a 3.3% stake may be viewed positively by some shareholders as it indicates institutional interest, though it is a passive investment.
Key Dates
| Date | Description |
|---|---|
| 2025-08-13 | Date of Issuer's quarterly report on Form 10-Q, reporting 20,487,500 Class A Ordinary Shares outstanding. |
| 2025-09-30 | Date of event requiring the filing of this statement (beneficial ownership snapshot date). |
| 2025-11-14 | Date of filing and signatures for Verition Fund Management LLC and Nicholas Maounis. |
Keywords
Thayer Ventures Acquisition Corp II, Verition Fund Management LLC, Nicholas Maounis, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, SPAC, Investment Management
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