Fort Baker Capital Management LP, Steven Patrick Pigott and Fort Baker Capital, LLC report beneficial ownership of 1,499,756 Class A ordinary shares of Karbon Capital Partners Corp. This represents 4.2% of the class, based on 35,390,000 Class A ordinary shares outstanding as of May 11, 2026, as stated in the issuer’s Form 10-Q. All three reporting persons have shared voting and dispositive power over these shares and no sole power. They file jointly but each disclaims membership in a group and beneficial ownership except to the extent of their pecuniary interest. The filing confirms ownership of 5 percent or less of the class.
Positive
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Negative
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Key Figures
Shares beneficially owned:1,499,756 Class A ordinary sharesPercent of class owned:4.2%Shares outstanding:35,390,000 Class A Ordinary Shares+2 more
5 metrics
Shares beneficially owned1,499,756 Class A ordinary sharesBeneficially owned by Fort Baker Capital Management LP and related reporting persons
Percent of class owned4.2%Ownership percentage of Karbon Capital Partners Class A ordinary shares
Shares outstanding35,390,000 Class A Ordinary SharesIssuer’s outstanding Class A ordinary shares as of May 11, 2026, per Form 10-Q
Shared voting power1,499,756 sharesShares over which each reporting person has shared voting power
Shared dispositive power1,499,756 sharesShares over which each reporting person has shared dispositive power
"The calculation percentage of beneficial ownership in Item 11 was derived"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"Shared Voting Power 1,499,756.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 1,499,756.00"
Schedule 13Gregulatory
"Reference is hereby made to Items 5-9 of this Schedule"
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.
pecuniary interestfinancial
"except to the extent of that person's pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Karbon Capital Partners (KBON) does Fort Baker report?
Fort Baker Capital Management LP and related reporting persons report beneficial ownership of 1,499,756 Class A ordinary shares of Karbon Capital Partners, representing 4.2% of the outstanding Class A ordinary shares based on the issuer’s May 11, 2026 share count.
How was the 4.2% ownership of KBON calculated in this Schedule 13G/A?
The 4.2% figure is based on 35,390,000 Class A ordinary shares outstanding as of May 11, 2026, as stated in Karbon Capital Partners’ quarterly report on Form 10-Q, with 1,499,756 shares beneficially owned by the reporting persons.
Do the Fort Baker reporting persons control voting power over KBON shares?
The reporting persons have shared voting power over 1,499,756 shares and no sole voting power. They also share dispositive power over the same number of shares, indicating joint control over how these shares are voted and disposed.
Are the Fort Baker entities considered a group in this KBON ownership filing?
The filing states the reporting persons are filing jointly, but not as members of a group. Each reporting person disclaims membership in a group and disclaims beneficial ownership beyond their pecuniary interest in the securities reported.
Does this Schedule 13G/A show Fort Baker owning 5% or less of KBON?
Yes. The filing explicitly classifies the position as ownership of 5 percent or less of a class, with each reporting person’s beneficial ownership listed as 4.2% of Karbon Capital Partners’ Class A ordinary shares.
Who are the reporting persons in the Karbon Capital Partners (KBON) Schedule 13G/A?
The reporting persons are Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC. Fort Baker Capital Management LP directly holds the 1,499,756 Class A ordinary shares reported in the beneficial ownership disclosure.
Fort Baker Capital Management LP
Steven Patrick Pigott
Fort Baker Capital, LLC
(b)
Address or principal business office or, if none, residence:
The principal business address of each reporting person is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.
(c)
Citizenship:
Fort Baker Capital Management LP: Delaware Limited Partnership
Steven Patrick Pigott: Citizen of the United States
Fort Baker Capital, LLC: Delaware Limited Liability Company
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G5225W100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Reference is hereby made to Items 5-9 of this Schedule, which Items are incorporated by reference herein.
Fort Baker Capital Management LP directly holds 1,499,756 Class A ordinary shares. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP.
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each also disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
The calculation percentage of beneficial ownership in Item 11 was derived from the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on May 12, 2026, in which the Issuer stated that the number of Class A Ordinary Shares outstanding was 35,390,000 as of May 11, 2026.
(b)
Percent of class:
Fort Baker Capital Management LP: 4.2%
Steven Patrick Pigott: 4.2%
Fort Baker Capital, LLC: 4.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(ii) Shared power to vote or to direct the vote:
Fort Baker Capital Management LP: 1,499,756
Steven Patrick Pigott: 1,499,756
Fort Baker Capital, LLC: 1,499,756
(iii) Sole power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(iv) Shared power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 1,499,756
Steven Patrick Pigott: 1,499,756
Fort Baker Capital, LLC: 1,499,756
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.