Meteora reports 9.88% stake in 1RT Acquisition
1RT Acquisition Corp. ownership update: Meteora Capital, LLC and Vik Mittal report beneficial ownership of 1,705,014 shares of Class A common stock (CUSIP G6757R105), representing 9.88% of the class.
Rhea-AI Filing Summary
1RT Acquisition Corp. ownership update: Meteora Capital, LLC and Vik Mittal report beneficial ownership of 1,705,014 shares of Class A common stock (CUSIP G6757R105), representing 9.88% of the class. The filing states shared voting and dispositive power over these shares. The signature shows Vik Mittal dated 05/15/2026.
Positive
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Negative
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Insights
Holders report near-10% stake with shared control.
The statement shows Meteora Capital and Vik Mittal jointly report beneficial ownership of 1,705,014 shares, equal to 9.88% of Class A common stock. The filing identifies shared voting and shared dispositive power for that amount.
Key dependencies include whether reporting reflects direct fund holdings vs. manager influence; subsequent amendments or transaction reports could change the position disclosed.
Disclosure signals a sizable passive stake without control claim.
The filing expressly notes the Reporting Persons do not admit beneficial ownership for Section 13 purposes while reporting shared voting/dispositive power over 1,705,014 shares (CUSIP G6757R105).
Communications to shareholders or future filings may clarify whether holdings are held by funds managed by Meteora Capital or altered by later trading.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficial ownership regulatory
FAQ
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What stake did Meteora Capital report in 1RT Acquisition (ONCH)?
Which security and CUSIP are covered by this Schedule 13G/A?
Who signed the Schedule 13G/A and when?
Where are the Reporting Persons' principal business offices located?
AI-generated analysis. How Rhea-AI works. Not financial advice.