Meteora Capital files Schedule 13G reporting 1.22M shares in Jackson Acquisition Co II (JACS)
Rhea-AI Filing Summary
Jackson Acquisition Co II ownership filing: Meteora Capital, LLC and Vik Mittal report 1,219,744 shares of Class A Common Stock, representing 5.11% of the class. The filing lists shared voting and dispositive power over these shares. The statement is signed by Vik Mittal on 05/15/2026.
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Insights
Meteora reports a 5.11% stake with shared control.
The filing states 1,219,744 shares representing 5.11% of Class A Common Stock, held by funds managed by Meteora Capital. The record shows shared voting and shared dispositive power—not sole control.
Ownership is reported under Schedule 13G and signed on 05/15/2026. Subsequent filings may disclose changes in position or voting arrangements.
Shared power implies collective decision-making by the funds.
The statement attributes voting and dispositive authority to the reporting persons as shared, not sole, which affects how influence is exercised. The filing explicitly disclaims treating any reporting person as the beneficial owner for Section 13 purposes.
Stake size (5.11%) is below common 10% thresholds that trigger different obligations; watch for amendments if the stake crosses regulatory bands.