Meteora Capital and Vik Mittal disclose 2.13M shares in D. Boral (DBCA)
Rhea-AI Filing Summary
D. Boral Acquisition I Corp. ownership disclosure: Meteora Capital, LLC and Vik Mittal report shared beneficial ownership of 2,131,332 shares of Class A Common Stock, representing 6.88% of the class.
The filing lists Meteora Capital as the investment manager for the Meteora Funds and shows shared voting and dispositive power over the reported shares. The business address and CUSIP G2616T101 are provided; the statement is signed by Vik Mittal on 05/15/2026.
Positive
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Negative
- None.
Insights
Disclosure shows a material passive stake by an investment manager.
The filing reports 2,131,332 shares of Class A Common Stock, equal to 6.88%, held by funds managed by Meteora Capital, LLC. The record lists shared voting and dispositive power rather than sole control.
Implications depend on whether the position is passive under Section 13(g) or active under other schedules; subsequent amendments or filings could clarify intent and voting plans.
Shared voting power suggests coordinated voting influence, not direct sole control.
The submission attributes shared voting and shared dispositive power over the reported 2,131,332 shares. This indicates decisions may be exercised jointly or through the funds, per the filing language.
Filings that follow (amendments or Form 13D) would indicate changes in intent or plans; current disclosure is a static ownership snapshot as signed on 05/15/2026.