SCHEDULE: Sculptor Capital Discloses 9% Stake in Vendome Acquisition Corp I

Sculptor Capital LP and its affiliates have disclosed a beneficial ownership of 9% in Vendome Acquisition Corp I's Class A Ordinary Shares, totaling 1,800,000 shares.

Summary

• Sculptor Capital LP, along with its affiliated entities including Sculptor Capital II LP, Sculptor Capital Holding Corp, Sculptor Capital Holding II LLC, Sculptor Capital Management, Inc., Sculptor Master Fund, Ltd., and Sculptor Special Funding, LP, collectively reported beneficial ownership of 1,800,000 Class A Ordinary Shares of Vendome Acquisition Corp I.
• This ownership represents 9% of the Class A Ordinary Shares outstanding, calculated based on 20,000,000 Common Shares outstanding as reported in Vendome Acquisition Corp I's 8-K filing on July 3, 2025.
• The reporting persons share both voting and dispositive power over all 1,800,000 shares.
• The filing indicates that the securities were not acquired and are not held for the purpose of changing or influencing the control of Vendome Acquisition Corp I.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While a 13G is a factual disclosure, the acquisition of a significant stake by a reputable investment firm like Sculptor Capital can be perceived as a positive signal of institutional interest and confidence in the issuer, Vendome Acquisition Corp I.

Positives

• The disclosure of a 9% stake by a prominent investment manager like Sculptor Capital may signal institutional confidence or interest in Vendome Acquisition Corp I.

Risks

• The document does not detail specific operational or financial risks related to Vendome Acquisition Corp I, as it is a beneficial ownership disclosure filing.
• The reporting persons explicitly certify that 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, mitigating concerns about potential activist investor actions.

Future Outlook

This document is a disclosure of current beneficial ownership and does not provide any forward-looking statements or guidance regarding Vendome Acquisition Corp I's future operations or financial performance.

Management Comments

• Wayne Cohen, President and Chief Operating Officer of Sculptor Capital LP, Sculptor Capital II LP, Sculptor Capital Holding Corp, Sculptor Capital Holding II LLC, Sculptor Capital Management, Inc., Sculptor Master Fund, Ltd., and Sculptor Special Funding, LP, signed the filing, certifying the accuracy of the information.

Industry Context

This filing indicates a significant institutional investment in a Special Purpose Acquisition Company (SPAC), Vendome Acquisition Corp I, by a major asset manager. Such investments are common in the SPAC market as institutional investors seek opportunities in pre-merger entities.

Comparison to Industry Standards

• A 9% stake is a substantial passive investment for an institutional fund in a SPAC, indicating a notable position in the company's capital structure.
• The filing adheres to standard SEC Schedule 13G requirements for reporting beneficial ownership exceeding 5% by passive investors, aligning with industry regulatory compliance benchmarks.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may be viewed positively, potentially increasing investor confidence and liquidity.
• Management: Awareness of a large institutional holder may influence strategic decisions, though the filing explicitly states no intent to influence control.

Next Steps

• Vendome Acquisition Corp I will continue its operations, likely seeking a suitable merger target as a SPAC.
• Sculptor Capital and its affiliates will continue to hold their investment, subject to their investment strategies.

Key Dates

Keywords

Vendome Acquisition Corp I, Sculptor Capital, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Investment Management, SEC Filing, Institutional Investor