MNTN shareholder reports 0.24% Class A stake

MNTN, Inc. reports that a Delaware entity named Incorporated has filed an amended Schedule 13G showing beneficial ownership of 147,000 shares of its Class A common stock, representing 0.24% of that class.

Accepted by SEC EDGAR 07/16/2026 - 04:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MNTN, Inc. reports that a Delaware entity named Incorporated has filed an amended Schedule 13G showing beneficial ownership of 147,000 shares of its Class A common stock, representing 0.24% of that class. These shares were converted on a one-to-one basis from 147,000 shares of Class B common stock.

The reporting person holds sole voting and sole dispositive power over all 147,000 shares, with no shared voting or dispositive power. The filing indicates that this holder owns 5 percent or less of the outstanding Class A common stock.

Key Figures

Beneficial ownership: 147,000 shares Percent of class: 0.24% Par value: $0.0001 per share +4 more

7 metrics

Beneficial ownership 147,000 shares Class A Common Stock beneficially owned by the reporting person

Percent of class 0.24% Portion of MNTN, Inc. Class A Common Stock owned by the reporting person

Par value $0.0001 per share Par value of MNTN, Inc. Class A Common Stock

Sole voting power 147,000 shares Shares over which the reporting person has sole power to vote

Sole dispositive power 147,000 shares Shares over which the reporting person has sole power to dispose

Conversion ratio 1-to-1 Conversion of 147,000 Class B shares into 147,000 Class A shares

Event date 06/30/2026 Date associated with the reported ownership information

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Ownership of 5 percent or less of a class, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 147,000"

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.

Sole Voting Power financial

"Sole Voting Power 147,000.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"Sole Dispositive Power 147,000.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Ownership of 5 percent or less of a class regulatory

"Ownership of 5 Percent or Less of a Class."

Class A Common Stock financial

"Title of class of securities: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

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

What ownership stake in MNTN (MNTN) is reported in this Schedule 13G/A?

The reporting person beneficially owns 147,000 shares of MNTN, Inc. Class A common stock, equal to 0.24% of the class. This represents a relatively small minority position well below typical control or large-shareholder thresholds.

How did the reporting person acquire the 147,000 MNTN (MNTN) Class A shares?

The 147,000 Class A shares result from a one-to-one conversion of 147,000 shares of Class B common stock. The amendment notes this direct conversion as the source of the current Class A holdings reported by the Delaware entity.

Does the reporting person have sole or shared voting power over MNTN (MNTN) shares?

The reporting person has sole voting power over 147,000 shares and no shared voting power. It also has sole dispositive power over the same 147,000 shares, meaning it alone can determine how these shares are voted and disposed.

Is the MNTN (MNTN) shareholder above the 5% ownership threshold?

No. The shareholder’s beneficial ownership is reported as 0.24% of the Class A common stock. The Schedule 13G/A specifically indicates “Ownership of 5 percent or less of a class,” confirming the position is below the 5% reporting threshold.

What class of MNTN (MNTN) securities is covered and what is the par value?

The filing covers Class A Common Stock of MNTN, Inc. with a par value of $0.0001 per share. The CUSIP for this security is listed as 55318A108, helping investors and institutions accurately identify the specific class.

Where is the reporting person in the MNTN (MNTN) Schedule 13G/A organized?

The reporting person, identified as Incorporated, is organized under the laws of Delaware. Its principal business office address is given as 5775 Morehouse Drive, San Diego, California 92121, providing jurisdictional and contact context for the shareholder.

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

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

MNTN, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

55318A108

(CUSIP Number)

06/30/2026

(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

CUSIP Number(s): 55318A108

1

Names of Reporting Persons

QUALCOMM Incorporated

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 147,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 147,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

147,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.24 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Consists of 147,000 shares of Class A Common Stock of MNTN, Inc. (the "Issuer") directly held QUALCOMM Incorporated (the "Reporting Person"), which were converted on a one-to-one basis from 147,000 shares of Class B Common Stock.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MNTN, Inc.
(b)	Address of issuer's principal executive offices: 823 Congress Avenue, #1827, Austin, TX, 78768
Item 2.
(a)	Name of person filing: QUALCOMM Incorporated
(b)	Address or principal business office or, if none, residence: 5775 Morehouse Drive San Diego, CA 92121
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A Common Stock, par value $0.0001 per share
(e)	CUSIP No.: 55318A108
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: 147,000
(b)	Percent of class: 0.24%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 147,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 147,000
	(iv) Shared power to dispose or to direct the disposition of: 0
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:
	Not Applicable

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.

QUALCOMM Incorporated

Signature:	/s/ David Zuckerman
Name/Title:	David Zuckerman Assistant Secretary
Date:	07/16/2026