Monitor for further selling by Wolverine or other institutional holders; a drop below 5% removes the filing obligation, potentially signaling reduced conviction in the SPAC's prospects.
Price Chart
Executive Summary
Wolverine Asset Management LLC filed an amended Schedule 13G disclosing a 4.74% passive stake in Blueport Acquisition Ltd as of September 30, 2026, representing 281,722 Class A Ordinary Shares. This is a decrease from the prior filing where the stake was above 5%, indicating the fund reduced its position below the 5% threshold.
Key Financial Metrics
Key Facts
- Wolverine Asset Management LLC now holds 281,722 Class A Ordinary Shares, or 4.74% of shares outstanding.
- The stake was calculated using 5,947,250 shares outstanding as of August 11, 2026.
- This is an amendment to a prior Schedule 13G, indicating a reduction in stake below 5%.
- The filing certifies passive intent under Rule 13d-1(b).
Financial Impact
Stake reduced below 5% threshold; no specific dollar value disclosed.
Risk Factors
- Further dilution or lack of a de-SPAC target could erode remaining holder confidence.
- Low liquidity in a SPAC with sub-5% institutional holders may increase volatility.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0001140361-26-038761 |
| Document: 0001140361-26-038761-index.html | 0001140361-26-038761 |
| Document: 0001140361-26-038761.txt | 0001140361-26-038761 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | SC 13G/A | $10.23 $10.23 | · 0.00% | ▼ −0.14% | $10.24 (−0.10%) |
Mar 4, 2026 33w ago | 8-K | $9.98 $10.00 | ▲ +0.20% | ▲ +2.44% | $10.24 (+2.61%) |
US Market Status
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