Meteora Capital (ONCH) discloses 9.85% holding in 1RT Acquisition Corp. Class A
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A common stock of 1RT Acquisition Corp. in this Amendment No. 2 to a Schedule 13G. As of June 30, 2026, they report beneficial ownership of 1,699,696 shares, representing 9.85% of the Class A common stock.
The reporting persons disclose no sole voting or dispositive power over these shares and instead report shared voting power and shared dispositive power over all 1,699,696 shares. They state that the filing should not be construed as an admission that any reporting person is, for purposes of Section 13 of the Exchange Act, the beneficial owner of the reported shares.
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Key Figures
Shares beneficially owned: 1,699,696 shares
Percent of class: 9.85%
Shared voting power: 1,699,696 shares
+1 more
4 metrics
Shares beneficially owned
1,699,696 shares
Class A common stock of 1RT Acquisition Corp. beneficially owned as of June 30, 2026
Percent of class
9.85%
Percentage of 1RT Acquisition Corp. Class A common stock beneficially owned
Shared voting power
1,699,696 shares
Shares over which reporting persons have shared power to vote or direct the vote
Shared dispositive power
1,699,696 shares
Shares over which reporting persons have shared power to dispose or direct disposition
Key Terms
beneficial owner, shared voting power, shared dispositive power, percent of class
4 terms
beneficial owner regulatory
"the beneficial owner of the Common Stock reported herein"
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: 9.85 %"
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.
FAQ
What ownership stake in 1RT Acquisition Corp. does Meteora Capital report in this 13G/A for ONCH?
Meteora Capital reports beneficial ownership of 1,699,696 shares of 1RT Acquisition Corp. Class A common stock, representing 9.85% of the class as of June 30, 2026. All voting and dispositive powers are reported as shared, with none held solely.
Who are the reporting persons in the 1RT Acquisition Corp. Schedule 13G/A linked to ONCH?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. They report on shares held by certain funds and managed accounts for which Meteora Capital serves as investment manager.
As of what date is the 9.85% ownership of 1RT Acquisition Corp. by Meteora Capital effective in this ONCH-related filing?
The reported beneficial ownership of 1,699,696 shares, or 9.85% of 1RT Acquisition Corp. Class A common stock, is stated as of June 30, 2026. This date anchors the percentage of class and share count disclosed.
What disclaimer about beneficial ownership do Meteora Capital and Vik Mittal include in this 13G/A tied to ONCH?
They state that the filing "should not be construed as an admission" that any reporting person is, for purposes of Section 13 of the Exchange Act, the beneficial owner of the Common Stock reported, despite reporting the shares for Schedule 13G purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.