Meteora Capital reports 530,000 FIGX shares (3.42%) (FIGX)
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
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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.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficially owned regulatory
Dispositive Power financial
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