Meteora Capital (HDRN) discloses 0.26% GigCapital7 stake in amended 13G
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report their current beneficial ownership of Class A Common Stock of GigCapital7 Corp. They report beneficial ownership of 189,000 shares, representing 0.26% of the outstanding Class A Common Stock.
The Reporting Persons have shared voting and dispositive power over 189,000 shares and no sole voting or dispositive power. The filing states that they hold 5 percent or less of the class, and clarifies that the shares are held by certain funds and managed accounts for which Meteora Capital acts as investment manager.
Positive
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Negative
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Key Figures
Shares beneficially owned: 189,000 shares
Percent of class owned: 0.26%
Shared voting power: 189,000 shares
+1 more
4 metrics
Shares beneficially owned
189,000 shares
Class A Common Stock beneficially owned by Meteora Capital and Vik Mittal
Percent of class owned
0.26%
Percentage of GigCapital7 Corp. Class A Common Stock reported as beneficially owned
Shared voting power
189,000 shares
Shares over which the Reporting Persons have shared power to vote or direct the vote
Shared dispositive power
189,000 shares
Shares over which the Reporting Persons have shared power to dispose or direct disposition
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner regulatory
"beneficial owner of the Common Stock reported herein"
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.
Schedule 13G regulatory
"for the purposes of Section 13 of the Act"
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.
FAQ
What percentage of GigCapital7 Corp. (HDRN) does Meteora Capital currently own?
Meteora Capital, LLC and Vik Mittal report beneficial ownership of 0.26% of GigCapital7 Corp.’s Class A Common Stock, representing 189,000 shares held through funds and managed accounts advised by Meteora Capital.
Does Meteora Capital still hold more than 5% of GigCapital7 Corp. (HDRN)?
No. The Schedule 13G/A states that Meteora Capital and Vik Mittal have ownership of 5 percent or less of GigCapital7 Corp.’s Class A Common Stock, with their current stake reported at 0.26%.
Who are the reporting persons in this GigCapital7 Corp. (HDRN) Schedule 13G/A?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, reporting on shares held by funds and managed accounts advised by Meteora Capital.
AI-generated analysis. How Rhea-AI works. Not financial advice.