SAGU · Shreya Acquisition Group
Substantial doubt about the company's ability to continue as a going concern.
“These factors also raise 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. Management plans to complete a Business Combination before the mandatory liquidation date and anticipates that the Company will have sufficient liquidity to fund its operations until then or one year from the date of issuance of these financial statements, whichever is earlier. However, there can be no assurance that the Company will be able to consummate a Business Combination within the Completion Window or that liquidity will be sufficient to fund operations.”View the 10-Q filed Jun 18, 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 |
|---|---|---|---|---|---|
| 2026-05-08 | Thews (Mauritius) Ltd |
10% Owner |
Buy↑
Filing footnotes — Ordinary Shares (Direct)
Reflects 191,750 private units owned by the Sponsor. Each private unit consists of one Class A ordinary share, one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment, and one right to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,917,500. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). |
Ordinary Shares
|
191,750 |
| 2026-05-08 | Goyal Anuj |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Rights (Indirect)
The rights included in the private units entitle the holder to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). The Sponsor is governed by its sole managing member, Mind Growth Matrix Private Limited ("Mind Growth Matrix"), which is approximately 99.9% owned by Anuj Goyal. Mr. Goyal has voting and dispositive power over the shares owned by Mind Growth Matrix and the Sponsor. Mr. Goyal disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Rights
(I)
|
191,750 |
| 2026-05-08 | Goyal Anuj |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary Shares (Indirect)
The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). The Sponsor is governed by its sole managing member, Mind Growth Matrix Private Limited ("Mind Growth Matrix"), which is approximately 99.9% owned by Anuj Goyal. Mr. Goyal has voting and dispositive power over the shares owned by Mind Growth Matrix and the Sponsor. Mr. Goyal disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Warrants to purchase Class A ordinary Shares
(I)
|
191,750 |
| 2026-05-08 | Goyal Anuj |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Ordinary Shares (Indirect)
Reflects 191,750 private units owned by the Sponsor. Each private unit consists of one Class A ordinary share, one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment, and one right to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,917,500. The Sponsor is governed by its sole managing member, Mind Growth Matrix, which is approximately 99.9% owned by Anuj Goyal. Mr. Goyal has voting and dispositive power over the shares owned by Mind Growth Matrix and the Sponsor. Mr. Goyal disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). The Sponsor is governed by its sole managing member, Mind Growth Matrix Private Limited ("Mind Growth Matrix"), which is approximately 99.9% owned by Anuj Goyal. Mr. Goyal has voting and dispositive power over the shares owned by Mind Growth Matrix and the Sponsor. Mr. Goyal disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Ordinary Shares
(I)
|
191,750 |
| 2026-05-08 | Thews (Mauritius) Ltd |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary Shares (Direct)
The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). |
Warrants to purchase Class A ordinary Shares
|
191,750 |
| 2026-05-08 | Thews (Mauritius) Ltd |
10% Owner |
Buy↑
Filing footnotes — Rights (Direct)
The rights included in the private units entitle the holder to receive one-fourth (1/4th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. Such shares are held by Thews (Mauritius) Limited, the Issuer's sponsor (the "Sponsor"). |
Rights
|
191,750 |