Tribeca Strategic Partners entities disclose 25.6% stake in Tribeca Strategic Acquisition Corp.
Tribeca Strategic Partners Holdco LLC, Tribeca Strategic Partners LLC, Timothy R. Ramdeen, and Sukhvinder Gill disclosed aggregate beneficial ownership of 4,916,667 shares, representing 25.6% of Tribeca Strategic Acquisition Corp.'s outstanding ordinary shares, through a Schedule 13D filing. The stake arose from the acquisition of founder shares on October 20, 2025 for $10,000 and a subsequent private placement of 330,000 units for $3,300,000 on June 1, 2026, with lock-up and redemption waiver provisions tied to the company's planned initial business combination.
Key facts
- Tribeca Strategic Partners Holdco LLC owns 4,916,667 shares (25.6% of class)
- Tribeca Strategic Partners LLC owns 4,916,667 shares (25.6% of class)
- Timothy R. Ramdeen owns 4,916,667 shares (25.6% of class)
- Sukhvinder Gill owns 4,916,667 shares (25.6% of class)
- Founder Shares acquired October 20, 2025 for $10,000
- 6,708,333 Class B Ordinary Shares acquired on October 20, 2025
- 330,000 Placement Units purchased June 1, 2026 for $3,300,000
- Placement Units consist of one Class A Ordinary Share and rights to receive 1/10 of one Class A Ordinary Share upon Business Combination
- Sponsor waived redemption rights per Letter Agreement dated May 28, 2026
- Lock-up period: six months after Business Combination or until Class A Ordinary Shares close at $12.00 or above for 20 trading days within any 30-trading day period
- Placement Units lock-up: 30 days after Business Combination completion
Why it matters
The disclosure establishes the sponsorship group's material beneficial ownership and control arrangements in the SPAC, clarifying voting commitments, lock-up restrictions, and redemption waivers that will govern their interests through the planned initial business combination.
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Derived from SCHEDULE 13D filed 2026-06-08. Not investment advice. View the source filing on SEC.gov →