General Fusion Group (GFUZ): Meteora Capital exits Class A common stock position
Rhea-AI Filing Summary
General Fusion Group Ltd. received an amended Schedule 13G filing indicating that Meteora Capital, LLC and its managing member, Vik Mittal, now report beneficial ownership of 0 shares of the company’s Class A common stock, representing 0% of the class.
The reporting persons state they have no sole or shared power to vote or dispose of any shares and confirm that they own 5 percent or less of this class of securities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 0 shares
Percent of class owned: 0 %
CUSIP: 369884101
+1 more
4 metrics
Shares beneficially owned
0 shares
Class A common stock of General Fusion Group Ltd. reported in Item 4(a)
Percent of class owned
0 %
Percent of Class A common stock reported in Item 4(b)
CUSIP
369884101
CUSIP for General Fusion Group Ltd. Class A common stock in Item 2(e)
Signature date
08/07/2026
Date signed by Vik Mittal on the Schedule 13G/A amendment
Key Terms
beneficial owner, Sole Voting Power, Shared Dispositive Power, Ownership of 5 Percent or Less of a Class
4 terms
beneficial owner regulatory
"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"
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.
Ownership of 5 Percent or Less of a Class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the GFUZ Schedule 13G/A amendment disclose about Meteora Capital’s holdings?
The amendment states that Meteora Capital, LLC and Vik Mittal now beneficially own 0 shares of General Fusion Group Ltd. Class A common stock, representing 0% of the class, and have no sole or shared voting or dispositive power over any shares.
Who are the reporting persons in General Fusion Group Ltd. (GFUZ)’s Schedule 13G/A?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. They filed with respect to shares previously held by certain funds and managed accounts advised by Meteora Capital.
What level of ownership in GFUZ does Meteora Capital report after this amendment?
Meteora Capital and Vik Mittal report 0% beneficial ownership of General Fusion Group Ltd. Class A common stock. They list sole and shared voting and dispositive power over 0 shares, indicating they no longer hold a reportable position in this class.
What is the significance of ‘Ownership of 5 percent or less of a class’ for GFUZ?
The filing confirms that the reporting persons now have ownership of 5 percent or less of General Fusion Group Ltd.’s Class A common stock. This typically reflects that their holdings have fallen below the 5% Schedule 13G reporting threshold.