[SCHEDULE 13G/A] Hotel101 Global Holdings Corp. SEC Filing
Rhea-AI Filing Summary
Hotel101 Global Holdings Corp. Schedule 13G/A amendment reports that the group of Harraden-related entities and Frederick V. Fortmiller, Jr. collectively disclose an aggregate beneficial ownership of 0 shares (0%) of the issuer's Class A common stock. The filing explains that the shares reported were directly owned by three Harraden funds, that Harraden GP and Harraden LLC serve as general partners and Harraden Adviser serves as investment manager, and that Mr. Fortmiller is the managing member of those entities and may be deemed to indirectly own shares held by the funds.
The amendment expressly states it is an exit filing reporting that the reporting persons have ceased to be beneficial owners of more than five percent of the class. The filing lists zero sole and shared voting and dispositive power for each reporting person and does not describe the transactions that caused the reduction in ownership.
Positive
- Reporting persons disclose aggregate beneficial ownership of 0 shares, representing 0%
- The filing explicitly states it is an exit filing, clarifying the reporting status under Schedule 13G/A
Negative
- None.
Insights
TL;DR: Harraden group filed an exit amendment reporting zero beneficial ownership, removing prior >5% holder disclosure.
The filing confirms aggregate beneficial ownership of 0 shares (0%) across the named Harraden entities and Mr. Fortmiller, removing their status as disclosed >5% holders. For investors this is a disclosure event rather than an operational update: it clarifies register concentration and reduces the list of institutional holders requiring 13d/13g tracking. The document does not describe the underlying share transfers or whether the reduction was via sale, transfer, or other mechanism, limiting further market interpretation.
TL;DR: The amendment ends Harraden's reporting obligations as a >5% holder and documents the reporting relationships among funds, GP, adviser, and Mr. Fortmiller.
The filing details organizational relationships: Harraden GP is general partner of the funds, Harraden LLC is general partner of the GP, and Harraden Adviser serves as investment manager with Mr. Fortmiller as managing member. It shows all reporting persons have 0 sole and shared voting and dispositive power, and it explicitly characterizes the filing as an exit filing. From a governance perspective, the disclosure clarifies that no named Harraden entity currently holds a reportable stake that could influence control under the Schedule 13 rules.