Vernal One Ltd bought VECA
May 7, 2026 · Form 4 insider transaction
Vernal One Ltd bought 213,562 shares of Vernal Capital Acquisition Corp., a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 11 days after the transaction.
Footnotes
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.