Harraden reports 650,000 ALPXU Class A shares (5.45%)
Alpex Acquisition Corp reports Harraden group beneficially owns 650,000 Class A shares representing 5.45% of the Class A shares (CUSIP G63325123).
Rhea-AI Filing Summary
Alpex Acquisition Corp reports Harraden group beneficially owns 650,000 Class A shares representing 5.45% of the Class A shares (CUSIP G63325123). The filing states the shares are directly owned by several Harraden funds and indirectly beneficially owned by Harraden GP, Harraden LLC, Harraden Adviser, and Frederick V. Fortmiller, Jr.
The group reports shared voting and dispositive power over 650,000 shares. Specific fund-level holdings shown include 372,412 shares by Harraden Circle Investors, LP and smaller allocations among affiliated funds.
Positive
- None.
Negative
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Insights
Harraden group holds a meaningful passive stake disclosed via Schedule 13G.
The filing lists an aggregate beneficial ownership of 650,000 shares (5.45%) of Class A stock, attributed to several Harraden-managed entities with shared voting and dispositive power. The statement identifies direct ownership at the fund level and indirect ownership through the adviser and GP structure.
Impact depends on Harraden's intent and future disclosures; Schedule 13G treatment typically indicates passive investment status rather than an active control intent. Subsequent filings would clarify any change in voting intent or ownership classification.
Ownership is concentrated through affiliated funds with managerial attribution to Mr. Fortmiller.
The report explains that Harraden GP is general partner to the named funds, Harraden LLC is the GP of Harraden GP, and Mr. Fortmiller is managing member of the adviser and GP, creating indirect beneficial ownership attribution across entities.
Because voting and dispositive power are reported as shared, decisions concerning these shares may involve multiple affiliated parties; any shift to active engagement would likely trigger an amended filing with different classification.
Key Figures
Key Terms
Schedule 13G regulatory
beneficial ownership financial
general partner legal
FAQ
What stake does Harraden report in ALPXU?
Who is attributed indirect ownership or control?
Does the Schedule 13G indicate active control or activism?
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