Aristeia Capital (FXAC) discloses 7.55% FortuneX stake in units with warrants
Rhea-AI Filing Summary
Aristeia Capital, L.L.C. reported a passive ownership stake in FortuneX Acquisition Corporation. Aristeia beneficially owns 652,725 units of FortuneX, each unit consisting of one ordinary share and one-half of one warrant, representing 7.55% of this class.
Aristeia has sole voting and dispositive power over all 652,725 units and no shared voting or dispositive power. The 7.55% figure is based on 8,640,000 shares outstanding as of May 27, 2026, as reported by the issuer.
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Key Figures
Beneficially owned units: 652,725 units
Percent of class owned: 7.55%
Shares outstanding baseline: 8,640,000 shares
+2 more
5 metrics
Beneficially owned units
652,725 units
Units each consisting of one ordinary share and one-half of one warrant
Percent of class owned
7.55%
Ownership percentage in FortuneX units reported by Aristeia Capital
Shares outstanding baseline
8,640,000 shares
Shares outstanding as of May 27, 2026 used to compute 7.55% ownership
Sole voting power
652,725 units
Units over which Aristeia Capital has sole power to vote
Sole dispositive power
652,725 units
Units over which Aristeia Capital has sole power to dispose
Key Terms
beneficial owner, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner financial
"The Reporting Person may be deemed the beneficial owner of 652,725 shares"
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
"Sole Voting Power 652,725.00"
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.
sole dispositive power financial
"Sole Dispositive Power 652,725.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"form_type: "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
CUSIP Number financial
"CUSIP Number(s): G3645W123"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
FAQ
What stake does Aristeia Capital hold in FortuneX Acquisition Corporation (FXAC)?
Aristeia Capital holds 652,725 units of FortuneX Acquisition Corporation, representing 7.55% of the outstanding units. Each unit consists of one ordinary share and one-half of one warrant, based on 8,640,000 shares outstanding as of May 27, 2026.
How is the 7.55% ownership of FXAC by Aristeia Capital calculated?
The 7.55% ownership is calculated by dividing Aristeia’s 652,725 units by 8,640,000 shares outstanding as of May 27, 2026. This outstanding share count comes from FortuneX’s Form 8-K filed on June 8, 2026.
What voting power does Aristeia Capital have in FortuneX Acquisition Corporation (FXAC)?
Aristeia Capital reports sole voting power over 652,725 units and no shared voting power. It also has sole dispositive power over the same number of units, meaning it alone can decide how to vote and whether to sell those securities.
What class of securities of FXAC is Aristeia Capital reporting on?
Aristeia Capital is reporting ownership of units of FortuneX, each consisting of one ordinary share and one-half of one warrant. The CUSIP for this class is G3645W123, identifying these specific units in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.