Meteora and Vik Mittal Disclose 6.45% FIGXU Stake on Schedule 13G

Rhea-AI Filing Summary

FIGX Capital Acquisition Corp. Schedule 13G discloses that Meteora Capital, LLC and Vik Mittal report beneficial ownership of 1,000,000 Class A common shares, representing 6.45% of the class. The filing states the Reporting Persons have shared voting power of 1,000,000 shares and shared dispositive power of 1,000,000 shares, with no sole voting or dispositive power.

The filing also includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. Meteora Capital is identified as a Delaware limited liability company and Vik Mittal as a U.S. citizen.

Positive

• Beneficial ownership disclosed: Reporting Persons explicitly report 1,000,000 shares (6.45%), exceeding the 5% disclosure threshold.
• Certification of ordinary-course holdings: The filing states the securities were acquired and are held in the ordinary course of business and not to change control.

Negative

• None.

Insights

Financial Analyst

TL;DR: Meteora reports a material 6.45% stake (1,000,000 shares) in FIGXU with shared voting and dispositive power; no sole control.

The reported 1,000,000-share holding exceeds the 5% disclosure threshold and is therefore material to ownership structure. The position is recorded as shared voting and dispositive power, implying the stake is coordinated or held on behalf of managed accounts rather than under a single-owner control arrangement. The explicit certification that the securities are held in the ordinary course and not to effect control reduces, but does not eliminate, potential governance implications for the issuer.

Corporate Governance Expert

TL;DR: Shared power and an ordinary-course certification suggest a passive, disclosed stake; watch for any future amendments or Schedule 13D conversions.

The filing identifies both an investment manager entity and an individual reporting person, with shared voting/dispositive power of 1,000,000 shares and no sole power. The Item 10 certification explicitly states the holdings were not acquired to change control, which is relevant for governance assessment. From a compliance perspective, the disclosure is complete regarding ownership percentages and power allocation as presented in the filing.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FIGX Capital Acquisition Corp.

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G3473K126

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G3473K126

1

Names of Reporting Persons

Meteora Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.45 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FIGX Capital Acquisition Corp.
(b)	Address of issuer's principal executive offices: 428 Greenwood Beach Road, Tiburon, CA 94920
Item 2.
(a)	Name of person filing: (i) Meteora Capital, LLC, a Delaware limited liability company ("Meteora Capital") with respect to the Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Meteora Capital serves as investment manager (collectively, the "Meteora Funds"); and (ii) Vik Mittal, who serves as the Managing Member of Meteora Capital, with respect to the Common Stock held by the Meteora Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 1200 N Federal Hwy, #200, Boca Raton FL 33432
(c)	Citizenship: Meteora Capital is a Delaware limited liability company. Vik Mittal is a United States citizen.
(d)	Title of class of securities: Class A common stock
(e)	CUSIP No.: G3473K126
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1000000
(b)	Percent of class: 6.45 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1000000
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1000000
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Mr
Date:	08/11/2025

FAQ

How many FIGXU shares does Meteora Capital report owning?

The filing reports 1,000,000 Class A common shares beneficially owned.

What percentage of FIGXU does this ownership represent?

The reported stake represents 6.45% of the Class A common stock.

Does Meteora Capital have sole voting power over these FIGXU shares?

No. The filing shows sole voting power: 0 and shared voting power: 1,000,000.

What form was filed to disclose this position in FIGXU?

The position was disclosed on a Schedule 13G filing.

Who are the reporting persons named in the filing for FIGXU?

The reporting persons are Meteora Capital, LLC and Vik Mittal.

Did the filing state the purpose of the ownership?

Yes. The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.