Meteora Capital (FAC) reports 0% ownership in Cartesian Growth Corp III
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report that they no longer beneficially own any Class A Common Stock of Cartesian Growth Corp III. They disclose beneficial ownership of 0 shares, representing 0% of the class, with no sole or shared voting or dispositive power over any shares.
The reporting is made on behalf of Meteora Capital, as investment manager to certain funds and managed accounts, and Vik Mittal, its managing member. Both now indicate ownership of 5 percent or less of the issuer’s Class A Common Stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 0 shares
Percent of class owned: 0%
Sole voting power: 0
+3 more
6 metrics
Beneficially owned shares
0 shares
Class A Common Stock beneficially owned by Meteora Capital and Vik Mittal
Percent of class owned
0%
Percentage of Cartesian Growth Corp III Class A Common Stock
Sole voting power
0
Shares over which the reporting persons have sole power to vote
Shared voting power
0
Shares over which the reporting persons have shared power to vote
Sole dispositive power
0
Shares over which the reporting persons have sole power to dispose
Shared dispositive power
0
Shares over which the reporting persons have shared power to dispose
Key Terms
beneficial owner, Sole Voting Power, Shared Dispositive Power, Percent of class, +1 more
5 terms
beneficial owner regulatory
"for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock"
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.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Percent of class financial
"(b) | 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.
Ownership of 5 Percent or Less of a Class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
FAQ
Who are the reporting persons in this FAC Schedule 13G/A amendment?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, relating to shares previously held by funds and managed accounts advised by Meteora Capital.
What ownership threshold is referenced in this Cartesian Growth Corp III 13G/A?
The filing states the reporting persons now have 5 percent or less ownership of Cartesian Growth Corp III Class A Common Stock, with disclosed beneficial ownership of 0% of the outstanding shares.
Where is Meteora Capital’s principal business office in this FAC filing?
Meteora Capital’s principal business office is listed as 1200 N Federal Hwy, #200, Boca Raton, FL 33432, which applies to both Meteora Capital, LLC and Vik Mittal as reporting persons.
AI-generated analysis. How Rhea-AI works. Not financial advice.