Oceanhawk Acquisition Corp. (OHAC) investor Harraden Circle exits 5% stake
Rhea-AI Filing Summary
Oceanhawk Acquisition Corp. received an amended ownership report from Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. stating that they now beneficially own 0 Class A shares, representing 0% of the class. The change follows an internal reorganization effective June 30, 2026, after which they ceased to be beneficial owners of more than five percent of the outstanding Class A common stock. This amendment is characterized as an exit filing for these reporting persons.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 0 shares
Percent of class owned: 0%
Effective reorganization date: 06/30/2026
3 metrics
Beneficially owned shares
0 shares
Class A common stock beneficially owned by the reporting persons
Percent of class owned
0%
Percentage of Oceanhawk Acquisition Corp. Class A common stock
Effective reorganization date
06/30/2026
Internal reorganization after which the reporting persons ceased to be beneficial owners
Key Terms
beneficial owner, dispositive power, Sole Voting Power, exit filing, +1 more
5 terms
beneficial owner regulatory
"have ceased to be the beneficial owners of more than five percent"
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.
dispositive power regulatory
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Sole Voting Power regulatory
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
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.
exit filing regulatory
"This Amendment constitutes an exit filing for the Reporting Persons."
Schedule 13G regulatory
"This Amendment is being filed to report that the Reporting Persons"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What did OHAC’s latest Schedule 13G/A disclose about Harraden Circle’s holdings?
The amendment reports that Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. now beneficially own 0 Class A shares of Oceanhawk Acquisition Corp., representing 0% of that class, and have therefore exited their prior greater-than-5% ownership position.
When did Harraden Circle and Mr. Fortmiller cease being 5% owners of OHAC?
They ceased being beneficial owners of more than five percent of OHAC’s Class A shares following an internal reorganization effective June 30, 2026. The Schedule 13G/A characterizes this amendment as an exit filing for the reporting persons.
What percentage of OHAC’s Class A stock do the reporting persons now hold?
The reporting persons state that they hold 0% of Oceanhawk Acquisition Corp.’s Class A common stock. This reflects a reduction from a prior position above the 5% threshold, triggering the need for an exit amendment on Schedule 13G.
Who are the reporting persons named in OHAC’s Schedule 13G/A amendment?
The reporting persons are Harraden Circle Investments, LLC, a Delaware limited liability company, and Frederick V. Fortmiller, Jr., a U.S. citizen who serves as the managing member of Harraden Circle Investments, LLC and signed the amendment.
AI-generated analysis. How Rhea-AI works. Not financial advice.