Harraden Circle (CEPT) files exit report, disclosing 0% ownership of Class A shares
Rhea-AI Filing Summary
Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report that they no longer beneficially own any Class A common stock of Cantor Equity Partners II Inc. Following an internal reorganization effective June 30, 2026, their beneficial ownership is now 0 shares, representing 0% of the class.
The reporting persons disclose no sole or shared voting or dispositive power over any Class A shares. Certain Harraden-related funds retain the right to receive dividends or sale proceeds on securities previously reported, but the filing constitutes an exit filing for these reporting persons.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 0 shares
Percent of class owned: 0 %
Ownership threshold status: 5 percent
+1 more
4 metrics
Beneficially owned shares
0 shares
Class A common stock beneficially owned after internal reorganization effective June 30, 2026
Percent of class owned
0 %
Reported percentage of Cantor Equity Partners II Inc. Class A common stock
Ownership threshold status
5 percent
Reporting persons state they ceased to be beneficial owners of more than five percent of the class
Effective date of reorganization
06/30/2026
Internal reorganization after which reporting persons are no longer beneficial owners
Key Terms
beneficial owners, dispositive power, exit filing, percent of class
4 terms
beneficial owners regulatory
"have ceased to be the beneficial owners of more than five percent"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
dispositive power regulatory
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
exit filing regulatory
"This Amendment constitutes an exit filing for the Reporting Persons."
percent of class financial
"Percent of class: 0 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What did Harraden Circle report in this Schedule 13G/A for CEPT?
Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. reported 0 shares of Cantor Equity Partners II Inc. Class A stock beneficially owned, representing 0% of the class, and filed this as an exit filing.
Why is this Schedule 13G/A for CEPT described as an exit filing?
It is an exit filing because the reporting persons state they have ceased to be beneficial owners of more than five percent of Cantor Equity Partners II Inc. Class A stock after an internal reorganization effective June 30, 2026.
Who are the reporting persons in this CEPT Schedule 13G/A amendment?
The reporting persons are Harraden Circle Investments, LLC, a Delaware limited liability company, and Frederick V. Fortmiller, Jr., a U.S. citizen and managing member of Harraden Circle Investments, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.