Meteora reports 17.88% stake in Oak Woods
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report significant ownership in Oak Woods Acquisition Corp. They report beneficial ownership of 232,998 shares of Class A common stock, representing 17.88% of the class, held by certain funds and managed accounts advised by Meteora Capital.
The reporting persons have no sole voting or dispositive power over these shares but hold shared voting and shared dispositive power over 232,998 shares. They state that the filing should not be construed as an admission that any reporting person is the beneficial owner for Section 13 purposes.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 232,998 shares
Percent of class: 17.88%
Shared voting power: 232,998 shares
+3 more
6 metrics
Shares beneficially owned
232,998 shares
Class A common stock reported as beneficially owned by the reporting persons
Percent of class
17.88%
Percentage of Oak Woods Acquisition Corp Class A common stock outstanding
Shared voting power
232,998 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Shared dispositive power
232,998 shares
Shares over which the reporting persons have shared power to dispose or direct disposition
Sole voting power
0 shares
Shares with sole power to vote or direct the vote
Sole dispositive power
0 shares
Shares with sole power to dispose or direct the disposition
Key Terms
beneficial owner, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficial owner regulatory
"not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
percent of class financial
"Percent of class: 17.88 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
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 OAKU does Meteora Capital report?
Meteora Capital and Vik Mittal report beneficial ownership of 232,998 shares of Oak Woods Acquisition Corp Class A common stock, representing 17.88% of the outstanding class through funds they manage.
Who are the reporting persons in the Oak Woods (OAKU) Schedule 13G/A?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, reporting on shares held by funds and managed accounts advised by Meteora Capital.
AI-generated analysis. How Rhea-AI works. Not financial advice.