SEC Form 4 · accession 0001213900-26-078835
Mercator Acquisition Corp. · MRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Shawn Matthews
Officer — Chairman and CEO · Director
Period of report
Jul 8, 2026
Accepted (ET)
Jul 16, 2026 · 6:40 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002106436
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary SharesF3,F1 | — | Jul 8, 2026 | J | 275,000 | D | — | — | Class A Ordinary Shares | 275,000 | 5,475,000 | I |
Explanation of responses
- F1The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
- F2In connection with the Issuer's initial public offering and the appointment of Matthew Sweeney, James Nash, and Stephen Schwartz to the Issuer's Board of Directors, Mercator Investor Holdings, LLC (the "Sponsor") assigned 25,000 Class B ordinary shares to each of Matthew Sweeney, James Nash, and Stephen Schwartz. The Sponsor also transferred 200,000 Class B ordinary shares to Clear Street LLC in connection with the Issuer's initial public offering, for the amount of $0.003 per share.
- F3These Class B ordinary shares are held directly by the Sponsor, acquired pursuant to a subscription agreement dated as of December 16, 2025 by and among the Sponsor and the registrant. Shawn Matthews, the Chairman and Chief Executive Officer of the registrant, is the managing member of the Sponsor. Mr. Matthews has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Matthews disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.