Blue Acquisition Corp. (BACC): Harraden Circle discloses 5.10% Class A ownership
Rhea-AI Filing Summary
Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report a passive ownership position in Blue Acquisition Corp. Class A shares. They beneficially own 1,064,723 Class A shares, representing 5.10% of the class, with no sole voting or dispositive power.
The shares are held across several funds, including Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Harraden Circle Concentrated, LP. Harraden Circle Investments, LLC acts as investment manager with shared voting and dispositive power over these shares, and Mr. Fortmiller is its managing member.
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Key Figures
Beneficial ownership: 1,064,723 shares
Percent of class: 5.10%
Shared voting power: 1,064,723 shares
+1 more
4 metrics
Beneficial ownership
1,064,723 shares
Class A shares beneficially owned by reporting persons
Percent of class
5.10%
Percentage of Blue Acquisition Corp. Class A shares
Shared voting power
1,064,723 shares
Shares over which reporting persons share voting power
Shared dispositive power
1,064,723 shares
Shares over which reporting persons share dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Investment Company Act of 1940
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,064,723"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Investment Company Act of 1940 regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
FAQ
What stake in Blue Acquisition Corp. (BACC) is reported in this Schedule 13G?
The filing reports that the reporting persons beneficially own 1,064,723 Class A shares of Blue Acquisition Corp., representing 5.10% of the outstanding Class A class.
Who are the reporting persons in the Blue Acquisition Corp. (BACC) Schedule 13G?
The reporting persons are Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr.. Harraden Circle Investments, LLC serves as investment manager, and Mr. Fortmiller is its managing member.
AI-generated analysis. How Rhea-AI works. Not financial advice.