Meteora Capital (CCIX) discloses 6.33% Churchill Capital Corp IX/Cayman holding
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A common stock of Churchill Capital Corp IX/Cayman. They report beneficial ownership of 1,866,820 shares, representing 6.33% of the outstanding Class A common stock. All of these shares are reported with shared voting and shared dispositive power, and no shares are held with sole voting or dispositive power. The filing states that the reporting persons do not admit that they are beneficial owners for all purposes under Section 13 of the Exchange Act.
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Key Figures
Beneficial ownership: 1,866,820 shares
Percent of class: 6.33%
Shared voting power: 1,866,820 shares
+3 more
6 metrics
Beneficial ownership
1,866,820 shares
Class A Common Stock of Churchill Capital Corp IX/Cayman reported by Meteora Capital and Vik Mittal
Percent of class
6.33%
Percentage of Churchill Capital Corp IX/Cayman Class A common stock beneficially owned
Shared voting power
1,866,820 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Shared dispositive power
1,866,820 shares
Shares over which the reporting persons have shared power to dispose or direct disposition
Sole dispositive power
0 shares
Shares over which the reporting persons have sole power to dispose or direct disposition
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner regulatory
"an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner"
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.
Schedule 13G regulatory
"The filing of this statement should not be construed as an admission"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of Churchill Capital Corp IX (CCIX) does Meteora Capital own?
Meteora Capital and Vik Mittal report beneficial ownership of 6.33% of Churchill Capital Corp IX/Cayman Class A common stock, corresponding to 1,866,820 shares held with shared voting and dispositive power through Meteora-managed funds.
Who is the reporting person in the Churchill Capital Corp IX (CCIX) Schedule 13G?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its managing member, with respect to Churchill Capital Corp IX/Cayman Class A common stock held by funds they manage.
AI-generated analysis. How Rhea-AI works. Not financial advice.