LightWave Founders LLC bought OYSE
June 26, 2025 · Form 4 insider transaction
LightWave Founders LLC bought 606,250 shares of Oyster Enterprises II Acquisition Corp at $10.00 per share, a transaction worth $6.06M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 13 days after the transaction.
Footnotes
Simultaneously with the consummation of the Company's initial public offering, LightWave Founders LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 606,250 units (the "Private Units") in a private placement for an aggregate purchase price of $6,062,500. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant.; The Sponsor is the record holder of the shares reported herein. Robert Bennett is the managing member of the Sponsor and holds voting and investment discretion with respect to the securities held of record by the Sponsor. As such, Mr. Bennett may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Bennett disclaims any beneficial ownership except to the extent of his pecuniary interest therein.