Schedule 13G: FK Venture Holds 6.07% of EON Resources (2M Shares)
Rhea-AI Filing Summary
FK Venture, LLC reported beneficial ownership of 2,000,000 Class A Common Shares of EON Resources Inc., representing approximately 6.07% of the class. The filing shows the reporting person has sole dispositive power over these shares but no sole or shared voting power, indicating the holder can direct disposition (sell) but does not assert voting control.
The disclosure was made on a Schedule 13G and includes a certification that the securities were not acquired to change or influence control of the issuer. The statement is signed by Borris Makabeh as President of FK Venture, LLC.
Positive
- Beneficial ownership of 2,000,000 Class A Common Shares (approximately 6.07%), which meets the >5% reporting threshold
- Holdings reported on Schedule 13G with a certification that the shares were not acquired to influence control (indicates passive intent)
Negative
- No sole or shared voting power reported (voting power = 0), limiting the holder's ability to influence corporate governance
- Report shows dispositive but not voting control, which may limit strategic influence despite material economic exposure
Insights
TL;DR: A passive 6.07% stake is disclosed with dispositive but no voting power; this is a material ownership disclosure but not an assertion of control.
The filing identifies 2,000,000 shares (6.07%) held by FK Venture, LLC with sole dispositive authority and zero voting authority. As reported on Schedule 13G, the filer certifies the position was not acquired to influence control, which classifies the holding as passive under the reporting framework. The disclosure is material in that it crosses the >5% threshold that requires public reporting, but the document contains no indication of intended governance action or coordinated group activity.
TL;DR: Holder reports dispositive power without voting rights; this limits direct governance influence despite material stake size.
The report shows FK Venture, LLC as the beneficial owner with sole power to dispose of the shares but with no sole or shared voting power. The Schedule 13G certification explicitly states the securities were not acquired to change or influence control, reinforcing a passive position from a governance perspective. The filing identifies the signee as Borris Makabeh, President, but does not indicate any arrangement that would transfer voting authority or signal engagement with board-level matters.