Harraden 13G/A: 150,000 Webull (BULLZ) Shares — 0.04% Stake
Webull Corp Schedule 13G/A discloses that Harraden Circle reporting persons collectively beneficially own 150,000 shares of Webull Class A common stock, representing 0.04% of the class.
Rhea-AI Filing Summary
Webull Corp Schedule 13G/A discloses that Harraden Circle reporting persons collectively beneficially own 150,000 shares of Webull Class A common stock, representing 0.04% of the class. The filing attributes shared voting and dispositive power over 150,000 shares and identifies the directly reported holders as Harraden Circle Investors, LP and affiliated Harraden funds.
The amendment notes the issuer was formerly SK Growth Opportunities Corp and states this submission is an exit filing reporting that the Reporting Persons have ceased to be beneficial owners of more than five percent of the Class A common stock. The disclosure clarifies ownership and control flow through Harraden GP, Harraden LLC, Harraden Adviser, and Frederick V. Fortmiller Jr., indicating a small, non-controlling position.
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Insights
TL;DR: Harraden holds a small, non-controlling 0.04% stake (150,000 shares); amendment confirms exit from >5% ownership.
The filing reports an aggregate beneficial position of 150,000 shares (0.04%) with shared voting and dispositive power over those shares. Related entities report 125,197 shares in some entries (0.03–0.04% depending on the reporting person), reflecting the consolidated structure of Harraden funds and advisers. Because the stake is well below 5%, this disclosure is informational and unlikely to move markets or affect corporate control.
TL;DR: This amendment documents ownership structure and an exit from >5% status; it clarifies voting/dispositive arrangements but signals no control change.
The Schedule 13G/A clarifies that ownership is held indirectly through Harraden funds and that Frederick V. Fortmiller Jr. is managing member of the adviser and GP entities. The filing explicitly states it is an exit filing, confirming the Reporting Persons no longer meet the >5% beneficial owner threshold. From a governance perspective, the disclosure improves transparency about beneficial ownership and voting arrangements without indicating a change in control.
FAQ
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Is this filing an exit filing indicating a change in ownership threshold for Harraden?
Which entities are listed as the Reporting Persons in the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.