VECA · Vernal Capital Acquisition Corp.
Substantial doubt about the company's ability to continue as a going concern.
“Therefore, management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate.”View the 10-Q filed Jun 12, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-07 | DU JUN |
Director, See Remarks, 10% Owner |
Buy↑
Filing footnotes — Ordinary Shares (Indirect)
Vernal One Limited (the "Sponsor"), one of the sponsors of the Issuer, is the record holder of the securities reported herein. Mr. Jun Du is the sole member of the Sponsor and has the voting and investment discretion with respect to the securities held of record by the Sponsor. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 213,562 units (the "Private Units") in a private placement for an aggregate purchase price of $2,135,620. Each Private Unit consists of one ordinary share and one right entitling the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. The reported shares in Table I are the 213,562 ordinary shares included in such Private Units and the reported rights in Table II are the 213,562 rights included in such Private Units. |
Ordinary Shares
(I)
|
213,562 |
| 2026-05-07 | Vernal One Ltd |
10% Owner |
Buy↑
Filing footnotes — Ordinary Shares (Direct)
Vernal One Limited (the "Sponsor"), one of the sponsors of the Issuer, is the record holder of the securities reported herein. Mr. Jun Du is the sole member of the Sponsor and has the voting and investment discretion with respect to the securities held of record by the Sponsor. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 213,562 units (the "Private Units") in a private placement for an aggregate purchase price of $2,135,620. Each Private Unit consists of one ordinary share and one right entitling the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. The reported shares in Table I are the 213,562 ordinary shares included in such Private Units and the reported rights in Table II are the 213,562 rights included in such Private Units. |
Ordinary Shares
|
213,562 |
| 2026-05-07 | DU JUN |
Director, See Remarks, 10% Owner |
Buy↑
Filing footnotes — Rights to receive Ordinary Shares (Indirect)
Each holder of a right will automatically receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 213,562 units (the "Private Units") in a private placement for an aggregate purchase price of $2,135,620. Each Private Unit consists of one ordinary share and one right entitling the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. The reported shares in Table I are the 213,562 ordinary shares included in such Private Units and the reported rights in Table II are the 213,562 rights included in such Private Units. Vernal One Limited (the "Sponsor"), one of the sponsors of the Issuer, is the record holder of the securities reported herein. Mr. Jun Du is the sole member of the Sponsor and has the voting and investment discretion with respect to the securities held of record by the Sponsor. |
Rights to receive Ordinary Shares
(I)
|
213,562 |
| 2026-05-07 | Vernal One Ltd |
10% Owner |
Buy↑
Filing footnotes — Rights to receive Ordinary Shares (Direct)
Each holder of a right will automatically receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 213,562 units (the "Private Units") in a private placement for an aggregate purchase price of $2,135,620. Each Private Unit consists of one ordinary share and one right entitling the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the Issuer's initial business combination. The reported shares in Table I are the 213,562 ordinary shares included in such Private Units and the reported rights in Table II are the 213,562 rights included in such Private Units. Vernal One Limited (the "Sponsor"), one of the sponsors of the Issuer, is the record holder of the securities reported herein. Mr. Jun Du is the sole member of the Sponsor and has the voting and investment discretion with respect to the securities held of record by the Sponsor. |
Rights to receive Ordinary Shares
|
213,562 |
| 2026-05-05 | Yi Binghan |
Director, See Remarks |
Other↑
|
No Securities Owned
|
0 |
| 2026-05-05 | THAM Saloon |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2026-05-05 | FU QIANG |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2026-05-05 | Wang Pei |
Director |
Other↑
|
No Securities Owned
|
0 |