SAAQ · Space Asset Acquisition Corp. · Insider Trading
The latest filing states the doubt was alleviated.
“management believes that substantial doubt about the Company’s ability to continue as a going concern has been alleviated.”View the 10-Q filed Aug 3, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-29 | Space Asset Acquisition Sponsor LLC |
Director, 10% Owner |
Award↑
Filing footnotes — Class A Ordinary Shares (Direct)
The reported Class A ordinary shares are within 415,000 of the Issuer's Private Placement Units, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-291082), purchased by Space Asset Acquisition Sponsor LLC (the "Sponsor") for $10.00 per Private Placement Unit. This Form 3 is being filed by the Sponsor. The Sponsor is governed by a board of managers consisting of three managers, Jeff Tuder, Peter Ort and Raphael Roettgen. Any action by the Sponsor with respect to the Issuer's securities held by it, including voting and dispositive decisions, requires at least a majority vote of the managers of the board of managers. Under the so-called "rule of three," because voting and dispositive decisions are made by a majority of the managers, none of the managers is deemed to be a beneficial owner of Issuer's securities held by the Sponsor, even those in which such manager holds a pecuniary interest. Accordingly, none of the managers on the Sponsor's board of managers is deemed to have or share beneficial ownership of the Class A ordinary shares held by the Sponsor. |
Class A Ordinary Shares
|
415,000 |