WPAC · White Pearl Acquisition Corp. · Shareholders & Ownership
$10.10
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 12, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standard Board's Accounting Standards "Codification Subtopic 205-40, Presentation of Financial Statements - Going Concern", management has determined that the mandatory liquidation, should a business combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 12, 2026
Market Cap
$158.07M
Shares
15.67M
Volume · Oct 20
5153
Avg daily vol (3M)
44.1K
Every disclosed holder of WPAC in one list: 13F institutions, Schedule 13D and 13G filers, insiders (Forms 3, 4 and 5) and registered funds, each from its own latest filing. Holders nest by CIK and SEC reporting links, never by name, and each is summed once.
Who Owns WPAC
13F quarter Jun 30, 2026| Holder group | Shares | % Out |
|---|---|---|
| Institutional (13F) | 10,688,720 | 68.23% |
| Insiders (Forms 3, 4, 5) | 0 | 0.00% |
| 13D/G-only blocks | 4,565,955 | 29.14% |
| Remaining | 411,783 | 2.63% |
| Registered funds (N-PORT, not summed) | 42,172 | 0.27% |
Shares outstanding: 15,666,458, the issuer's latest cover-page count restated onto today's split basis.
Insiders are listed but not summed: the issuer has more than one class of common stock and Forms 3, 4 and 5 report one issuer-wide balance across them.
13D/G-only counts each filer's latest 13D or 13G that no 13F report of the listing contains, that names no 13F filer and that no counted insider files. Funds are never summed: their shares sit inside their advisers' 13F reports.
Holders of WPAC
| # | Holder | Shares | As of | Notes |
|---|---|---|---|---|
| 1 |
|
4,123,333 | ||
| 1.1 |
|
290,000 | ||
| 2 |
Karpus Management, Inc.
13F
CIK 1048703 · Investment adviser · Jun 30, 2026
|
1,641,020 | ||
| 3 |
ARISTEIA CAPITAL, L.L.C.
13F
CIK 1080171 · Registered investment adviser · Jun 30, 2026
|
760,000 | ||
| 4 |
Westchester Capital Management, LLC
13F
CIK 1512805 · Registered investment adviser · Jun 30, 2026
|
705,324 | ||
| 4.1 |
Westchester Capital Management, LLC
13G
CIK 1512805 · Registered investment adviser · Jun 30, 2026
Rule 13d-1(b), qualified institution, not summed
|
701,892 | ||
| 5 |
AQR Arbitrage LLC
13F
CIK 1167456 · Registered investment adviser · Jun 30, 2026
|
548,954 | ||
| 6 |
Hudson Bay Capital Management LP
13F
CIK 1393825 · Registered investment adviser · Jun 30, 2026
|
500,000 | ||
| 7 |
WOLVERINE ASSET MANAGEMENT LLC
13F
CIK 1279891 · Registered investment adviser · Jun 30, 2026
|
479,519 | ||
| 8 |
Crossingbridge Advisors, LLC
13F
CIK 1770024 · Investment adviser · Jun 30, 2026
|
450,000 | ||
| 9 |
GOLDMAN SACHS GROUP INC
13G
CIK 886982 · Holding company · Jun 30, 2026
Rule 13d-1(b), qualified institution
|
442,622 | ||
| 10 |
GLAZER CAPITAL, LLC
13F
CIK 1076809 · Registered investment adviser · Jun 30, 2026
|
410,635 | ||
| 11 |
Magnetar Financial LLC
13F
CIK 1352851 · Registered investment adviser · Jun 30, 2026
|
400,000 | ||
| 12 |
SONA ASSET MANAGEMENT (US) LLC
13F
CIK 1856405 · Registered investment adviser · Jun 30, 2026
|
383,451 | ||
| 13 |
Shaolin Capital Management LLC
13F
CIK 1766806 · Registered investment adviser · Jun 30, 2026
|
375,000 | ||
| 14 |
D. E. Shaw & Co., Inc.
13F
CIK 1009207 · Unknown · Jun 30, 2026
|
345,000 | ||
| 15 |
Polar Asset Management Partners Inc.
13F
CIK 1326389 · Registered investment adviser · Jun 30, 2026
|
300,000 | ||
| 16 |
RIVERNORTH CAPITAL MANAGEMENT, LLC
13F
CIK 1447578 · Registered investment adviser · Jun 30, 2026
|
300,000 | ||
| 17 |
WHITEBOX ADVISORS LLC
13F
CIK 1257391 · Registered investment adviser · Jun 30, 2026
|
300,000 | ||
| 18 |
Yakira Capital Management, Inc.
13F
CIK 1584639 · Registered investment adviser · Jun 30, 2026
|
299,901 | ||
| 19 |
Context Capital Management, LLC
13F
CIK 1301396 · Registered investment adviser · Jun 30, 2026
|
250,000 | ||
| 20 |
Linden Advisors LP
13F
CIK 1279396 · Registered investment adviser · Jun 30, 2026
|
250,000 | ||
| 21 |
BERKLEY W R CORP
13F
CIK 11544 · Insurance company · Jun 30, 2026
|
248,700 | ||
| 22 |
GABELLI & Co INVESTMENT ADVISERS, INC.
13F
CIK 932724 · Registered investment adviser · Jun 30, 2026
|
246,600 | ||
| 23 |
Clear Street Group Inc.
13F
CIK 1881567 · Unknown · Jun 30, 2026
|
217,900 | ||
| 24 |
BNP PARIBAS ARBITRAGE, SA
13F
CIK 1166588 · Non-US institution · Jun 30, 2026
|
217,275 | ||
| 25 |
Radcliffe Capital Management, L.P.
13F
CIK 1218275 · Registered investment adviser · Jun 30, 2026
|
203,530 | ||
| 26 |
TORONTO DOMINION BANK
13F
CIK 947263 · Bank · Jun 30, 2026
|
202,861 | ||
| 27 |
Periscope Capital Inc.
13F
CIK 1695320 · Exempt reporting adviser · Jun 30, 2026
|
200,000 | ||
| 28 |
TWO SIGMA INVESTMENTS, LP
13F
CIK 1179392 · Registered investment adviser · Jun 30, 2026
|
181,250 | ||
| 29 |
GABELLI FUNDS LLC
13F
CIK 1081407 · Registered investment adviser · Jun 30, 2026
|
103,400 | ||
| 30 |
HEIGHTS CAPITAL MANAGEMENT, INC
13F
CIK 1081698 · Unknown · Jun 30, 2026
|
75,000 | ||
| 31 |
PICTON MAHONEY ASSET MANAGEMENT
13F
CIK 1539041 · Non-US institution · Jun 30, 2026
|
50,000 | ||
| 32 |
Destinations Low Duration Fixed Income Fund
Fund
S000056107 · Registered fund · May 31, 2026
Brinker Capital Destinations Trust, not summed
|
30,000 | ||
| 33 |
MIZUHO SECURITIES USA LLC
13F
CIK 812291 · Unknown · Jun 30, 2026
|
25,000 | ||
| 34 |
Wellspring Financial Advisors, LLC
13F
CIK 1811308 · Registered investment adviser · Jun 30, 2026
|
18,400 | ||
| 35 |
Global Multi-Strategy Fund
Fund
S000033960 · Registered fund · May 31, 2026
Principal Funds, Inc, not summed
|
12,172 |
Shares are restated onto today's split basis. Change compares each row with the same holder's previous filing in the same source; a dash means there is none to compare. Nested 13D/G, insider and fund rows are not summed, since a 13F report already holds them.
Key facts
CIK
2081536
CUSIP
G96193100