STOCK TITAN

Harraden Circle exits large-holder status in AIR Global PLC (AIIR) with 3.12% stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. filed an amended Schedule 13G reporting their holdings in AIR Global PLC Class A shares. The reporting persons beneficially own 4,998,421 Class A shares, representing 3.12% of the class, with no sole voting or dispositive power and shared voting and dispositive power over all reported shares. Certain Harraden funds have the right to receive dividends and sale proceeds from these securities. The amendment states that the reporting persons have ceased to be beneficial owners of more than five percent of the outstanding Class A shares and is characterized as an exit filing. AIR Global PLC was formerly known as Cantor Equity Partners III Inc., with a prior CUSIP of G1828A108.

Positive

  • None.

Negative

  • None.
Beneficial ownership 4,998,421 shares Class A shares of AIR Global PLC beneficially owned by the reporting persons
Percent of class 3.12% Percentage of AIR Global PLC Class A shares beneficially owned
Shared voting power 4,998,421 shares Shares over which the reporting persons share voting power
Shared dispositive power 4,998,421 shares Shares over which the reporting persons share dispositive power
Sole voting power 0 shares Shares over which the reporting persons have sole voting power
Sole dispositive power 0 shares Shares over which the reporting persons have sole dispositive power
beneficial owner regulatory
"have ceased to be the beneficial owners of more than five percent"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting power regulatory
"Shared Voting Power 4,998,421.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power regulatory
"Shared Dispositive Power 4,998,421.00"
dispositive power regulatory
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 4,998,421.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
exit filing regulatory
"This Amendment constitutes an exit filing for the Reporting Persons."

FAQ

What ownership stake in AIR Global PLC (AIIR) is reported in this Schedule 13G/A?

The reporting persons disclose beneficial ownership of 4,998,421 Class A shares of AIR Global PLC, representing 3.12% of the outstanding Class A stock, all held with shared voting and dispositive power and no sole authority.

Who are the reporting persons in the AIR Global PLC (AIIR) Schedule 13G/A amendment?

The amendment is filed on behalf of Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr.. Harraden serves as investment manager to several Harraden funds, and Mr. Fortmiller is its managing member, giving them shared voting and dispositive power.

Why is this filing described as an exit filing for AIR Global PLC (AIIR)?

The amendment states the reporting persons have ceased to be beneficial owners of more than five percent of AIR Global PLC’s Class A shares. Because their stake is now 3.12%, the Schedule 13G/A is characterized as an exit filing for these holders.

How are voting and dispositive powers over AIR Global PLC (AIIR) shares structured?

The reporting persons report 0 shares with sole voting or dispositive power and 4,998,421 shares with shared voting and shared dispositive power. Certain Harraden funds have rights to dividends and sale proceeds from these securities as described in Item 2(a) and Item 6.

Which entities actually benefit from the AIR Global PLC (AIIR) shares reported?

The shares are held for accounts of Harraden Circle Investors, LP and related Harraden funds. These funds have the right to receive dividends or sale proceeds from the securities, while Harraden Circle Investments, LLC exercises shared voting and dispositive power as investment manager.

What historical name change is disclosed for AIR Global PLC (AIIR)?

The amendment notes that the issuer was formerly Cantor Equity Partners III Inc. and previously used CUSIP G1828A108. It is now named AIR Global PLC with CUSIP G0180Y100, clarifying continuity of the issuer’s identity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





G0180Y100

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Harraden Circle Investments, LLC
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr., managing member
Date:08/14/2026
Frederick V. Fortmiller, Jr.
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr.
Date:08/14/2026

Comments accompanying signature: This Schedule 13G amends the Schedule 13G filed under Rule 13d-1(c) to remove the reporting persons who, after an internal reorganization effective June 30, 2026, are no longer beneficial owners of the securities reported herein and to change the Rule under which this Schedule 13G is filed to Rule 13d-1(b), because the remaining reporting persons qualify to file Schedule 13G under Rule 13d-1(b). Explanatory Note: This Amendment is being filed to report that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the outstanding shares of Class A common stock of the "Issuer". This Amendment constitutes an exit filing for the Reporting Persons. Explanatory Note: This issuer was formerly Cantor Equity Partners III Inc., formerly CUSIP G1828A108.