JVSPAC Schedule 13G/A: Meteora Capital and Vik Mittal Report 0% Holdings
Rhea-AI Filing Summary
Schedule 13G/A for JVSPAC Acquisition Corp. (Class A ordinary shares, CUSIP G5212E105) filed by Meteora Capital, LLC and Vik Mittal reports that the reporting persons hold zero beneficial ownership in the class. The filing lists Meteora Capital as a Delaware investment adviser and Vik Mittal as its managing member, with a principal business address in Boca Raton, FL. The statement confirms no voting or dispositive power over any shares and states the securities, if any, were acquired and are held in the ordinary course of business and not to influence control of the issuer.
Positive
- Full disclosure filed showing reporting persons and formal certification
- Clear statement of zero ownership and zero voting/dispositive power, removing ambiguity about influence
Negative
- None.
Insights
TL;DR Reporting persons disclose no beneficial ownership of the issuer's Class A ordinary shares; this is a routine transparency filing.
The Schedule 13G/A shows aggregate ownership of 0 shares and 0% of the class. Meteora Capital is identified as the filer in its capacity as an investment manager and Vik Mittal as managing member. The filing includes standard certifications that any securities would be held in the ordinary course of business and not to influence control. Given the absence of holdings, there are no disclosed voting or disposition rights to assess.
TL;DR Disclosure is complete for a non-holder; no governance impact since the reporting persons have no shares or voting power.
The document properly identifies the reporting persons, their citizenship/organization, address, the class of securities, and the CUSIP. It also affirms ownership is 5% or less (in fact zero) and that no group relationships or subsidiaries are relevant. This filing serves transparency requirements but conveys no material influence on issuer governance.