STOCK TITAN

Orca Capital holds 9.9% stake in NFT Ltd

NFT Ltd (MI) reported that Orca Capital, a Germany-based investor, has filed a Schedule 13G disclosing a passive ownership stake in the company’s Class A ordinary shares.

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(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

NFT Ltd (MI) reported that Orca Capital, a Germany-based investor, has filed a Schedule 13G disclosing a passive ownership stake in the company’s Class A ordinary shares. Orca Capital beneficially owns 51,000 shares, representing 9.9% of the Class A ordinary shares outstanding.

The ownership percentage is based on 510,729 Class A ordinary shares outstanding immediately after completion of NFT Ltd’s registered offering described in a prospectus supplement. The calculation excludes 14,217 shares issuable upon exercise of pre-funded warrants and 65,217 shares issuable upon exercise of ordinary share purchase warrants, which are subject to 9.99% and 4.99% beneficial ownership blockers, respectively. Orca Capital has sole voting and dispositive power over all 51,000 shares.

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Shares beneficially owned 51,000 Class A ordinary shares Beneficial ownership reported by Orca Capital
Percent of class 9.9% Ownership percentage of NFT Ltd Class A ordinary shares
Shares outstanding baseline 510,729 Class A ordinary shares Shares outstanding immediately after completion of registered offering
Pre-funded warrant shares excluded 14,217 Class A ordinary shares Issuable upon exercise of pre-funded warrants, excluded from ownership calculation
Ordinary share purchase warrant shares excluded 65,217 Class A ordinary shares Issuable upon exercise of ordinary share purchase warrants, excluded from ownership calculation
Pre-funded warrant Beneficial Ownership Limitation 9.99% Maximum beneficial ownership allowed after exercising pre-funded warrants
Ordinary warrant Beneficial Ownership Limitation 4.99% Maximum beneficial ownership allowed after exercising ordinary share purchase warrants
beneficially owned financial
"All ownership percentages set forth in this are calculated based upon an aggregate"
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.
pre-funded warrants financial
"excludes (i) 14,217 Class A ordinary shares issuable upon the exercise of pre-funded warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
ordinary share purchase warrants financial
"and (ii) 65,217 Class A ordinary shares issuable upon the exercise of ordinary share purchase warrants"
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.
Beneficial Ownership Limitation financial
"subject to the 9.99% Blocker (defined below) and (ii) 65,217 Class A ordinary shares"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
9.99% Blocker financial
"the Reporting Person cannot exercise any of the warrants to the extent the Reporting Person would beneficially own, after any such exercise, more than 9.99%"
4.99% Blocker financial
"or 4.99% of the Issuer's outstanding Class A ordinary shares (the "9.99% Blocker" and the "4.99% Blocker")"

FAQ

What percentage of NFT Ltd (MI) does Orca Capital report owning in this Schedule 13G?

Orca Capital reports beneficial ownership of 9.9% of NFT Ltd’s Class A ordinary shares, based on 510,729 shares outstanding immediately after the company’s registered offering as referenced in the prospectus supplement.

How many NFT Ltd (MI) shares does Orca Capital beneficially own?

Orca Capital beneficially owns 51,000 Class A ordinary shares of NFT Ltd. It has sole voting and sole dispositive power over all 51,000 shares, with no shared voting or dispositive power reported.

What share count did NFT Ltd (MI) use to calculate Orca Capital’s 9.9% ownership?

The 9.9% ownership is calculated using 510,729 Class A ordinary shares outstanding immediately after completion of NFT Ltd’s registered offering described in a prospectus supplement filed on August 24, 2026.

Are any warrant shares included in Orca Capital’s ownership of NFT Ltd (MI)?

No. The calculation excludes 14,217 shares issuable upon exercise of pre-funded warrants and 65,217 shares issuable upon exercise of ordinary share purchase warrants, both subject to specified beneficial ownership blockers.

What are the beneficial ownership blockers mentioned for NFT Ltd (MI) warrants?

The pre-funded warrants are subject to a 9.99% Blocker and the ordinary share purchase warrants to a 4.99% Blocker. Under these terms, Orca Capital cannot exercise warrants if such exercise would cause its beneficial ownership to exceed those percentages.

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

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Learn about SEC filing dates





G6363T123

(CUSIP Number)
08/21/2026

(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 (i) 14,217 Class A ordinary shares issuable upon the exercise of pre-funded warrants, subject to the 9.99% Blocker (defined below) and (ii) 65,217 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 pre-funded warrants and the ordinary share purchase warrants, respectively, the Reporting Person cannot exercise any of the warrants to the extent the Reporting Person would beneficially own, after any such exercise, more than 9.99% or 4.99% of the Issuer's outstanding Class A ordinary shares (the "9.99% Blocker" and the "4.99% Blocker").


SCHEDULE 13G



Orca Capital AG
Signature:/s/ Thomas Konig
Name/Title:Thomas Konig/Director
Date:08/28/2026