STOCK TITAN

NFT Ltd: Orca Capital reports 4.9% ownership

The reported 4.9% uses a post-offering share count, while warrant shares are subject to the 4.99% Blocker.

(Neutral)

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

NFT Ltd (MI) is the issuer of the Class A ordinary shares for which Orca Capital reported beneficial ownership of 25,376 shares, or 4.9%.

The reported percentage is based on 510,729 Class A ordinary shares outstanding immediately after completion of the issuer’s registered offering, as described in a Prospectus Supplement filed August 24, 2026. Orca Capital’s reported ownership excludes 58,064 Class A ordinary shares issuable upon exercise of ordinary share purchase warrants. Under the 4.99% Blocker, the warrants cannot be exercised to the extent that exercise would cause Orca Capital to beneficially own more than 4.99% of the outstanding Class A ordinary shares.

Beneficial ownership 25,376 shares Orca Capital’s Class A ordinary shares
Ownership percentage 4.9% Class A ordinary shares
Class A ordinary shares outstanding 510,729 shares Immediately after completion of the issuer’s registered offering
Warrant shares excluded 58,064 shares Class A ordinary shares issuable upon exercise of ordinary share purchase warrants
4.99% Blocker 4.99% Limit on beneficial ownership after warrant exercise
beneficially owned financial
"Amount beneficially owned: 25,376"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
4.99% Blocker technical
"the "4.99% Blocker""
ordinary share purchase warrants financial
"ordinary share purchase warrants, subject to the 4.99% Blocker"
Ordinary share purchase warrants are tradable securities that give the holder the right, but not the obligation, to buy a company’s ordinary shares at a set price (the exercise or strike price) during a specified time period. They matter to investors because they offer leveraged exposure to future share gains and can dilute existing shareholdings when exercised, while also serving as a way for companies to raise equity capital if holders convert them into shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MI shares does Orca Capital own?

Orca Capital reported beneficial ownership of 25,376 Class A ordinary shares, equal to 4.9% of the class. The percentage uses 510,729 Class A ordinary shares outstanding immediately after the issuer’s registered offering.

What does NFT Ltd’s 4.99% Blocker limit?

The 58,064 Class A ordinary shares issuable upon exercise of ordinary share purchase warrants are excluded from reported ownership. The warrants cannot be exercised to the extent that exercise would cause Orca Capital to beneficially own more than 4.99% of the outstanding Class A ordinary shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G6363T123

(CUSIP Number)
09/23/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: : All ownership percentages set forth in this Schedule 13G are calculated based upon an aggregate of 510,729 Class A ordinary shares outstanding immediately after giving effect to the completion of the Issuer's registered offering as provided in the Issuer's Prospectus Supplement filed pursuant to Rule 424(b)(4) with the Securities and Exchange Commission on August 24, 2026, and excludes 58,064 Class A ordinary shares issuable upon the exercise of ordinary share purchase warrants, subject to the 4.99% Blocker (defined below). Pursuant to the terms of the ordinary share purchase warrants, the Reporting Person cannot exercise any of the warrants to the extent the Reporting Person would beneficially own, after any such exercise, more than 4.99% of the Issuer's outstanding Class A ordinary shares (the "4.99% Blocker").


SCHEDULE 13G



Orca Capital AG
Signature:/s/ Thomas Konig
Name/Title:Thomas Konig/Director
Date:09/29/2026

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