Meteora Capital discloses 2.49% BCAR stake in D. Boral ARC Acquisition I (BCAR)
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal filed Amendment No. 1 to a Schedule 13G reporting their holdings in D. Boral ARC Acquisition I Corp. Class A common stock. They report beneficial ownership of 728,190 shares, representing 2.49% of the class.
The filing states that all voting and dispositive power over these shares is shared, with no sole authority reported. The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
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FAQ
What ownership stake does Meteora Capital report in BCAR on this Schedule 13G/A?
Meteora Capital reports beneficial ownership of 728,190 shares of D. Boral ARC Acquisition I Corp. Class A common stock, representing 2.49% of the class. All voting and dispositive power over these shares is reported as shared rather than sole.
Who are the reporting persons in the BCAR Schedule 13G/A filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager, with both parties treated as reporting persons.
Does Meteora Capital intend to influence control of D. Boral ARC Acquisition I Corp.?
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 240.14a-11.
What does Item 5 indicate about Meteora’s BCAR ownership level?
Item 5 confirms ownership of 5 percent or less of the class. Combined with the 2.49% figure disclosed, this indicates Meteora Capital and Vik Mittal collectively hold a minority position in D. Boral ARC Acquisition I Corp. Class A common stock.
When did the reportable event for this BCAR Schedule 13G/A occur?
The date of the event requiring the filing is listed as January 31, 2026. This date anchors when the ownership level or status triggered the obligation to update the beneficial ownership disclosure on Schedule 13G/A for D. Boral ARC Acquisition I Corp.