Meteora Capital (DBCA) discloses 1.27M-share, 4.10% position in D. Boral
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A Common Stock of D. Boral Acquisition I Corp. The reporting group holds 1,269,000 shares, representing 4.10% of the Class A Common Stock.
All 1,269,000 shares are reported with shared voting and dispositive power, and no shares are reported with sole voting or dispositive power. The filers state that this represents ownership of 5 percent or less of the class.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,269,000 shares
Percent of class: 4.10%
Shared voting power: 1,269,000 shares
+1 more
4 metrics
Shares beneficially owned
1,269,000 shares
Class A Common Stock beneficially owned by the reporting persons
Percent of class
4.10%
Percentage of DBCA Class A Common Stock outstanding
Shared voting power
1,269,000 shares
Shares over which the reporting persons have shared voting power
Shared dispositive power
1,269,000 shares
Shares over which the reporting persons have shared dispositive power
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner financial
"beneficial owner of the Common Stock reported herein"
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
"for the purposes of Section 13 of the Act"
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 D. Boral Acquisition I Corp. (DBCA) does Meteora Capital report owning?
Meteora Capital and Vik Mittal report beneficial ownership of 4.10% of D. Boral Acquisition I Corp. Class A Common Stock, representing 1,269,000 shares held through funds and managed accounts they oversee.
Who are the reporting persons in the DBCA Schedule 13G/A filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, reporting on shares held by certain funds and managed accounts advised by Meteora Capital.
What does the DBCA Schedule 13G/A say about owning 5 percent or less of the class?
The filing indicates the reporting persons’ 4.10% stake constitutes ownership of 5 percent or less of the class of DBCA Class A Common Stock, consistent with Schedule 13G disclosure requirements for such ownership levels.
AI-generated analysis. How Rhea-AI works. Not financial advice.