Ingargiola Luisa 4
Research Summary
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NWAX Director Luisa Ingargiola Acquires 50,000 Founder Shares
What Happened
- Luisa Ingargiola, a director of New America Acquisition I Corp. (NWAX), is reported to have acquired an indirect interest in 50,000 Founder Shares (Class B common) on February 17, 2026. The filing does not disclose a purchase price or market value. These are derivative/founder shares awarded through the Sponsor rather than a typical open‑market trade.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026.
- Shares involved: 50,000 Founder Shares (Class B common). No price per share or total value disclosed.
- Shares owned after transaction: Ms. Ingargiola may be deemed to beneficially own the 50,000 shares held by New America Sponsor I LLC by virtue of her membership interest.
- Notable footnotes:
- F1: Founder Shares convert one‑for‑one into Class A common shares at the issuer’s initial business combination (or earlier at holder’s option), subject to adjustments, and have no expiration date.
- F2: The interest was received indirectly through membership in the Sponsor; Ms. Ingargiola does not have voting or dispositive control over the Sponsor and disclaims beneficial ownership except to the extent of her pecuniary interest.
- Filing timeliness: Transaction dated Feb 17 and Form 4 filed Feb 19 (reported within the filing).
Context
- These are founder/shareowner interests tied to the Sponsor structure common in SPACs; they are not a straightforward open‑market buy or sale and may convert to tradable Class A shares only upon a business combination. Because no price or value was reported, investors cannot infer the economic size of the holding from this filing alone.