Company: JWSUF
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001410578-25-000474
Chunk: 9

Company: Jaws Mustang Acquisition Corp
Filing Date: 2025-03-26
Form: 10-K
Item: Item 12S
Chunk 9
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Item 12.  Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth information regarding the beneficial ownership of our ordinary shares as of December 31, 2024 based on information obtained from the persons named below, with respect to the beneficial ownership of our ordinary shares, by:

●each person known by us to be the beneficial owner of more than 5% of our issued and outstanding ordinary shares of a class of ordinary shares;

●each of our executive officers and directors; and

●all of our executive officers and directors as a group.

In the table below, the percentage ownership is based on 25,589,480 Class A ordinary shares (which includes Class A ordinary shares that are underlying the units) and 375,000 Class B ordinary shares issued and outstanding as of December 31, 2024. The table below does not include the Class A ordinary shares underlying the private placement warrants held by our sponsor because these securities are not exercisable within 60 days of this Report.

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all of our ordinary shares beneficially owned by them.

​​​​​​​​​​​​​​Class B Ordinary Shares​Class A Ordinary Shares ​​Number of​​​Number of​​​Approximate ​​Shares​Approximate​Shares​Approximate​Percentage of ​​Beneficially​Percentage of​Beneficially​Percentage of​Voting Name of Beneficial Owners(1)    Owned    Class    Owned    Class    Control Mustang Sponsor LLC (our sponsor)     300,000(2) 80.0%   25,500,000(2) 99.65%   99.37%Barry S. Sternlicht  300,000(2)(3) 80.0%   25,500,000(2) 99.65%   99.37%Andrew Klaber —(3) —  —  —  —​Matthew Walters —(3) —  —  —  —​Michael Reidler —(3) —  —​ —​ —​John Legere  25,000(3) 6.67%   —  — *​David Helfand(4)  25,000(3