LWAC · LightWave Acquisition Corp.
$10.30
At close · Aug 25
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The projected working capital deficit and the expectation of significant future costs raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. Additionally, management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business Combination by the end of the Completion Window, raises substantial doubt about the Company's ability to continue as a going concern. Management plans to address this uncertainty through debt or equity financing and the completion of its proposed Business Combination. There are no assurances that the Company's plans to raise capital or to consummate a Business Combination will be successful within the Completion Window.”View the 10-Q filed Aug 14, 2026
Market Cap
$309.77M
Shares
30.07M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 72
Total Value: $197,244,710
Total Shares: 29,611,501
Showing 1–100
of 110 holdings by value
· page 1 of 2
Institutional Ownership Trend
5 quarters
Holder Concentration
Across 72 13F filers · Δ vs Mar 31, 2026Top Holder
5.5%
+0.4 pts
Top 5
26.3%
+1.9 pts
Top 10
44.5%
+1.3 pts
HHI
301
Broadly held+20
Quarterly Activity
vs Mar 31, 2026
New
2
Increased
11
Decreased
15
Sold Out
2
Unchanged
44
Holder count:
0
Institutional value:
-6.8%
Shares held:
-0.9%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid GLAZER CAPITAL, LLC | +218,171 | 608,932 | |
| Micro Lepercq De Neuflize Asset Management LLC | +86,360 | 140,000 | |
| Mid MIZUHO SECURITIES USA LLC | +36,316 | 175,945 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | +26,933 | 188,130 | |
| Small CSS LLC/IL | +26,203 | 296,689 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | −200,000 | 400,000 | |
| Large Verition Fund Management LLC | −100,767 | 1,027,529 | |
| Mid NEXPOINT ASSET MANAGEMENT, L.P. | −100,000 | 50,000 | |
| Mid BERKLEY W R CORP | −85,578 | 258,079 | |
| Small Shaolin Capital Management LLC | −67,435 | 657,565 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small O'Connor Alternative Investments LLC | 200,000 | $2,044,000 | |
| Small Lineage Point Capital LP | 32,400 | $0 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Large Calamos Advisors LLC | 123,208 | $1,257,953 | |
| Small PenderFund Capital Management Ltd. | 10,196 | $103,999 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mega D. E. Shaw & Co., Inc. | $10,908,245 | 5.53% | 1,067,343 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC | $10,574,020 | 5.36% | 1,034,640 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC | $10,453,016 | 5.30% | 1,022,800 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. | $10,220,000 | 5.18% | 1,000,000 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP | $9,709,000 | 4.92% | 950,000 | Shares | 2026-08-14 | |
| Mid Westchester Capital Management, LLC | $8,379,091 | 4.25% | 819,872 | Shares | 2026-08-14 | |
| Mid Alberta Investment Management Corp | $7,665,000 | 3.89% | 750,000 | Shares | 2026-08-06 | |
| Mega TWO SIGMA INVESTMENTS, LP | $6,946,401 | 3.52% | 679,687 | Shares | 2026-08-14 | |
| Large Verition Fund Management LLC | $6,694,232 | 3.39% | 655,013 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC | $6,217,337 | 3.15% | 608,350 | Shares | 2026-08-17 | |
| Small Radcliffe Capital Management, L.P. | $5,766,737 | 2.92% | 564,260 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC | $5,621,000 | 2.85% | 550,000 | Shares | 2026-08-14 | |
| Mid Karpus Management, Inc. | $5,212,711 | 2.64% | 510,050 | Shares | 2026-08-14 | |
| Mid MANGROVE PARTNERS IM, LLC | $4,976,118 | 2.52% | 486,900 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP | $4,599,000 | 2.33% | 450,000 | Shares | 2026-08-14 | |
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $4,088,000 | 2.07% | 400,000 | Shares | 2026-07-17 | |
| Large Hudson Bay Capital Management LP | $3,917,663 | 1.99% | 383,333 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $3,868,781 | 1.96% | 378,550 | Shares | 2026-08-13 | |
| Mid ARISTEIA CAPITAL, L.L.C. | $3,832,500 | 1.94% | 375,000 | Shares | 2026-08-14 | |
| Large OMERS ADMINISTRATION Corp | $3,832,500 | 1.94% | 375,000 | Shares | 2026-08-13 | |
| Small Periscope Capital Inc. | $3,832,500 | 1.94% | 375,000 | Shares | 2026-08-11 | |
| Mid Polar Asset Management Partners Inc. | $3,653,650 | 1.85% | 357,500 | Shares | 2026-08-14 | |
| Mid Governors Lane LP | $3,505,112 | 1.78% | 342,966 | Shares | 2026-08-14 | |
| Small Shaolin Capital Management LLC | $3,372,610 | 1.71% | 330,001 | Shares | 2026-08-14 | |
| Mid Ghisallo Capital Management LLC | $3,321,500 | 1.68% | 325,000 | Shares | 2026-08-14 | |
| Mid TIG Advisors, LLC | $3,223,449 | 1.63% | 315,406 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $3,183,468 | 1.61% | 311,494 | Shares | 2026-08-14 | |
| Large Schonfeld Strategic Advisors LLC | $2,740,636 | 1.39% | 268,164 | Shares | 2026-08-14 | |
| Small Bulldog Investors, LLP | $2,612,855 | 1.32% | 255,661 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC | $2,555,000 | 1.30% | 250,000 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP | $2,535,071 | 1.29% | 248,050 | Shares | 2026-08-14 | |
| Mid Centiva Capital, LP | $2,299,500 | 1.17% | 225,000 | Shares | 2026-08-13 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $2,044,000 | 1.04% | 200,000 | Shares | 2026-08-13 | |
| Small Mint Tower Capital Management B.V. | $2,044,000 | 1.04% | 200,000 | Shares | 2026-08-18 | |
| Small O'Connor Alternative Investments LLC | $2,044,000 | 1.04% | 200,000 | Shares | 2026-08-14 | |
| Mid SONA ASSET MANAGEMENT (US) LLC | $2,034,801 | 1.03% | 199,100 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | $1,850,872 | 0.94% | 181,103 | Shares | 2026-08-10 | |
| Mid MIZUHO SECURITIES USA LLC Broker-Dealer | $1,798,157 | 0.91% | 175,945 | Shares | 2026-07-28 | |
| Large Clear Street Group Inc. | $1,750,686 | 0.89% | 171,300 | Shares | 2026-08-12 | |
| Large TORONTO DOMINION BANK Bank | $1,533,000 | 0.78% | 150,000 | Shares | 2026-08-14 | |
| Small Logan Stone Capital, LLC | $1,514,583 | 0.77% | 148,198 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC | $1,277,500 | 0.65% | 125,000 | Shares | 2026-08-14 | |
| Small METEORA CAPITAL, LLC | $1,260,933 | 0.64% | 123,379 | Shares | 2026-08-14 | |
| Small DLD Asset Management, LP | $1,030,257 | 0.52% | 100,808 | Shares | 2026-08-13 | |
| Small Context Capital Management, LLC | $1,022,000 | 0.52% | 100,000 | Shares | 2026-07-23 | |
| Mid 683 Capital Management, LLC | $1,022,000 | 0.52% | 100,000 | Shares | 2026-08-14 | |
| Micro Kepos Capital LP | $817,600 | 0.41% | 80,000 | Shares | 2026-08-13 | |
| Micro L1 Global Manager Pty Ltd | $766,500 | 0.39% | 75,000 | Shares | 2026-08-13 | |
| Large Parallax Volatility Advisers, L.P. | $655,224 | 0.33% | 64,112 | Shares | 2026-08-14 | |
| Small GABELLI & Co INVESTMENT ADVISERS, INC. | $566,188 | 0.29% | 55,400 | Shares | 2026-08-12 | |
| Small HEIGHTS CAPITAL MANAGEMENT, INC | $511,000 | 0.26% | 50,000 | Shares | 2026-08-14 | |
| Small ABC ARBITRAGE SA | $357,700 | 0.18% | 35,000 | Shares | 2026-07-20 | |
| Mid Quarry LP | $250,390 | 0.13% | 24,500 | Shares | 2026-08-14 | |
| Small RLH Capital LLC | $250,390 | 0.13% | 24,500 | Shares | 2026-08-10 | |
| Small CSS LLC/IL | $238,289 | 0.12% | 23,316 | Shares | 2026-08-14 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | $179,739 | 0.09% | 17,587 | Shares | 2026-08-12 | |
| Mega UBS Group AG | $107,677 | 0.05% | 10,536 | Shares | 2026-08-13 | |
| Mega MORGAN STANLEY | $521 | 0.00% | 51 | Shares | 2026-08-13 | |
| Large Schonfeld Strategic Advisors LLC LWACW | — | — | 87,005 | Shares | 2026-08-14 | |
| Large Hudson Bay Capital Management LP LWACW | — | — | 75,000 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP LWACW | — | — | 225,000 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank LWACW | — | — | 728,295 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP LWACW | — | — | 10,029 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC LWACW | — | — | 538,861 | Shares | 2026-08-14 | |
| Small HGC Investment Management Inc. LWACU | — | — | 245,500 | Shares | 2026-08-14 | |
| Small Lineage Point Capital LP LWACW | — | — | 32,400 | Shares | 2026-08-14 | |
| Small Periscope Capital Inc. LWACW | — | — | 235,500 | Shares | 2026-08-11 | |
| Mega MILLENNIUM MANAGEMENT LLC LWACW | — | — | 275,000 | Call | 2026-08-14 | |
| Small CSS LLC/IL LWACW | — | — | 273,373 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC LWACW | — | — | 511,400 | Shares | 2026-08-14 | |
| Small GABELLI & Co INVESTMENT ADVISERS, INC. LWACW | — | — | 27,700 | Shares | 2026-08-12 | |
| Mid Governors Lane LP LWACW | — | — | 150,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. LWACU | — | — | 106,516 | Shares | 2026-08-12 | |
| Large PICTON MAHONEY ASSET MANAGEMENT LWACW | — | — | 100,000 | Shares | 2026-08-13 | |
| Small Harraden Circle Investments, LLC LWACW | — | — | 540,601 | Shares | 2026-08-14 | |
| Large GABELLI FUNDS LLC LWACW | — | — | 22,300 | Shares | 2026-08-12 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC LWACW | — | — | 155,747 | Shares | 2026-08-14 | |
| Mega JPMORGAN CHASE & CO LWACU | — | — | 50,000 | Shares | 2026-08-12 | |
| Mid Polar Asset Management Partners Inc. LWACW | — | — | 178,750 | Shares | 2026-08-14 | |
| Large OMERS ADMINISTRATION Corp LWACW | — | — | 187,500 | Shares | 2026-08-13 | |
| Small Shaolin Capital Management LLC LWACW | — | — | 327,564 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. LWACW | — | — | 500,000 | Shares | 2026-08-14 | |
| Small Radcliffe Capital Management, L.P. LWACW | — | — | 250,000 | Shares | 2026-08-14 | |
| Small Mint Tower Capital Management B.V. LWACW | — | — | 100,000 | Shares | 2026-08-18 | |
| Mid Westchester Capital Management, LLC LWACW | — | — | 284,934 | Shares | 2026-08-14 | |
| Mega UBS Group AG LWACU | — | — | 300 | Shares | 2026-08-13 | |
| Mid Linden Advisors LP LWACW | — | — | 350,000 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank LWACU | — | — | 5,000 | Shares | 2026-08-14 | |
| Mid Saba Capital Management, L.P. LWACW | — | — | 197,486 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC LWACW | — | — | 125,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. LWACW | — | — | 176,829 | Shares | 2026-08-12 | |
| Large HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Pension LWACW | — | — | 350,000 | Shares | 2026-08-13 | |
| Mega CITADEL ADVISORS LLC LWACU | — | — | 179,051 | Shares | 2026-08-14 | |
| Large Verition Fund Management LLC LWACW | — | — | 372,516 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC LWACW | — | — | 7,027 | Shares | 2026-08-10 | |
| Micro Lepercq De Neuflize Asset Management LLC LWACW | — | — | 140,000 | Shares | 2026-08-13 | |
| Large HRT FINANCIAL LP LWACU | — | — | 25,000 | Shares | 2026-08-14 | |
| Mid GLAZER CAPITAL, LLC LWACU | — | — | 582 | Shares | 2026-08-17 | |
| Small DLD Asset Management, LP LWACW | — | — | 50,000 | Shares | 2026-08-13 | |
| Micro Kepos Capital LP LWACW | — | — | 35,350 | Shares | 2026-08-13 |