MilunaC Technology Ltd 4

What Happened

• MilunaC Technology Ltd (reported as a 10% owner) disposed of 10,000 ordinary shares of Miluna Acquisition Corp (MMTX) on Feb 25, 2026, at $1.00 per share, generating $10,000. The same day MilunaC is reported to have acquired those 10,000 shares at $0.00 (a transfer without monetary consideration) before the disposition. After these transactions, MilunaC holds 0 shares of the issuer.

Key Details

• Transaction dates and prices: Feb 25, 2026 — Acquisition (A) 10,000 shares @ $0.00; Disposition (D) 10,000 shares @ $1.00.
• Total value of disposition: $10,000.
• Shares owned after transaction (by MilunaC): 0 ordinary shares.
• Footnote: The transfers relate to a director transition — on Feb 17, 2026 Ms. Mei Chi Tsai resigned and on Feb 25, 2026 Ms. Yajuan Ding was appointed. Ms. Tsai transferred 10,000 shares to MilunaC without consideration; MilunaC then transferred those shares to Ms. Ding for $1 under executed share transfer agreements. Following these transfers, Ms. Ding directly beneficially owns 10,000 shares.
• Filing timeliness: Report filed Feb 27, 2026 for transactions on Feb 25, 2026 — appears timely (filed within the Form 4 reporting window).

Context

• This filing documents related-party transfers tied to a board change rather than an open-market sale; the intermediate $0 acquisition by the sponsor reflects a no-consideration transfer from the departing director. Gifts and internal transfers like this generally do not reflect broader insider sentiment about the company’s stock. MilunaC is a 10% owner (institutional/large holder), not an executive trading for compensation or routine liquidity.