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.
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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Key Figures
Key Terms
beneficially owned financial
pre-funded warrants financial
Beneficial Ownership Limitation financial
9.99% Blocker financial
4.99% Blocker financial
FAQ
What percentage of NFT Ltd (MI) does Orca Capital report owning in this Schedule 13G?
What are the beneficial ownership blockers mentioned for NFT Ltd (MI) warrants?
AI-generated analysis. How Rhea-AI works. Not financial advice.