Casper Holding LP 4
Research Summary
AI-generated summary
Peace Acquisition (PECE) 10% Owner Forfeits 99,000 Shares
What Happened Casper Holding LP, reported as a 10% owner of Peace Acquisition Corp. (PECE), recorded a disposition to the issuer of 99,000 shares on 2026-06-10. The shares were disposed at $0.00 (total proceeds $0). The filing indicates these shares were forfeited after the IPO underwriters terminated the over‑allotment (greenshoe) option without exercising any portion (see footnote F1). This was not an open‑market sale.
Key Details
- Transaction date: 2026-06-10; Transaction code: D (Disposition to issuer).
- Price: $0.00 per share; Total value reported: $0.
- Shares involved: 99,000.
- Filing date: 2026-06-16 (Form 4 accession 0001094891-26-000234).
- Shares owned after transaction: not specified in the Form 4.
- Footnote F1: Shares were forfeited because the IPO underwriters terminated the over‑allotment option without exercising it.
- No indication in the filing of a 10b5-1 plan, tax withholding, or late filing status.
Context This transaction is an institutional forfeiture tied to the mechanics of the issuer’s IPO and its over‑allotment option, not a purchase or market sale by a company insider. Because the shares were returned/forfeited to the issuer at $0, there were no proceeds and it does not represent a typical sell signal from an insider making liquidity decisions.