Schedule 13G/A: Meteora Capital Reports 119,994 HAIAU Shares (2.16%)
Rhea-AI Filing Summary
Meteora Capital, LLC reports beneficial ownership of 119,994 Class A ordinary shares of Healthcare AI Acquisition Corp., representing 2.16% of the class. Meteora holds no sole voting or dispositive power and reports shared voting and shared dispositive power over all 119,994 shares. The filing identifies Vik Mittal as Managing Member of Meteora Capital and classifies the filer as an investment adviser (IA). The statement certifies the shares are held in the ordinary course of business and not for the purpose of changing control of the issuer.
Positive
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Negative
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Insights
TL;DR: This Schedule 13G/A discloses a passive 2.16% stake held through shared voting/dispositive power, indicating a non-control, reporting-level ownership.
The filing shows Meteora Capital exercises shared voting and dispositive authority over 119,994 Class A shares, equal to 2.16% of the class, and reports no sole control. As an investment adviser filing under the Schedule 13G framework, the disclosure is consistent with a passive investment position rather than an activist or control intent. The lack of sole power and the certification that holdings are in the ordinary course supports a limited governance influence from Meteora at this ownership level.
TL;DR: Ownership is material for disclosure but below thresholds that typically confer control; governance impact appears minimal.
Meteora Capital's reported shared voting and shared dispositive power over 119,994 shares implies coordination with other holders or internal allocation among managed funds. At 2.16%, this position triggers reporting obligations but generally does not change board control dynamics. The certification that the stake is held in the ordinary course and not to influence control reinforces a passive posture from a governance perspective.