STOCK TITAN

Meteora Capital reports 530,000 FIGX shares (3.42%) (FIGX)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Meteora Capital reports beneficial ownership of 530,000 shares of Class A Common Stock of FIGX Capital Acquisition Corp., representing 3.42% of the class. The Schedule 13G/A (Amendment No. 1) states Meteora Capital and Vik Mittal have shared voting and dispositive power over 530,000 shares. The filing notes that this statement should not be construed as an admission that the Reporting Persons are the beneficial owners for purposes of Section 13 of the Act. The filing is signed by Vik Mittal on 05/15/2026.

Positive

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Negative

  • None.

Insights

Meteora Capital holds a modest 3.42% stake (shared control) in FIGX.

The filing discloses 530,000 shares of Class A common stock with shared voting and dispositive power. This indicates an institutional position large enough to be reported but below 5%—a routine disclosure of passive or shared management over fund holdings.

Key dependencies include whether the position is passive or activist; subsequent Schedule 13D or Form 4 filings would change the interpretation. Future filings may clarify ownership structure or trading intent.

Shares beneficially owned 530,000 shares Class A Common Stock
Percent of class 3.42% Class A Common Stock
Shared voting power 530,000 shares Reported shared voting power
Shared dispositive power 530,000 shares Reported shared dispositive power
CUSIP G3473K100 FIGX Class A Common Stock identifier
Signature date 05/15/2026 Filing signed by Vik Mittal
Schedule 13G/A regulatory
"Amendment No. 1 ) FIGX Capital Acquisition Corp."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Shared Voting Power financial
"Shared Voting Power 530,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Beneficially owned regulatory
"Amount beneficially owned: 530000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Dispositive Power financial
"Shared Dispositive Power 530,000.00"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Meteora Capital report in FIGX (FIGX)?

Meteora Capital reports beneficial ownership of 530,000 shares, equal to 3.42% of FIGX Class A common stock, as stated in the Schedule 13G/A filing signed 05/15/2026.

Does the filing say Meteora Capital is the beneficial owner of FIGX shares?

The filing explicitly states the disclosure should not be construed as an admission that the Reporting Persons are the beneficial owners for purposes of Section 13 of the Act, preserving a formal disclaimer included in the document.

What voting and dispositive powers are reported for the FIGX shares?

The Schedule 13G/A shows shared voting power of 530,000 shares and shared dispositive power of 530,000 shares; sole voting and dispositive power are reported as 0.

When was the Schedule 13G/A amendment signed for FIGX?

The amendment (Amendment No. 1) is signed by Vik Mittal on 05/15/2026, per the signature block in the filing; the CUSIP listed is G3473K100.





G3473K100

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Meteora Capital, LLC
Signature:Vik Mittal
Name/Title:Mr
Date:05/15/2026