Meteora Capital reports 1.33M OTGA shares (5.58%)
OTG Acquisition Corp. I amendment reports that Meteora Capital, LLC and Vik Mittal beneficially own 1,327,477 shares of Class A common stock, representing 5.5835% of the class.
Rhea-AI Filing Summary
OTG Acquisition Corp. I amendment reports that Meteora Capital, LLC and Vik Mittal beneficially own 1,327,477 shares of Class A common stock, representing 5.5835% of the class. The filing attributes shared voting and dispositive power over those shares to the Reporting Persons.
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Insights
Large passive stake disclosed with shared control.
The filing lists 1,327,477 shares and a 5.5835% ownership stake held by funds managed by Meteora Capital, with shared voting and dispositive power. This indicates an institutional position reported under Schedule 13G/A.
Timing and trading intent are not stated in the excerpt; subsequent filings would show changes in percentage or voting arrangements.
Shared authority suggests coordinated decision-making.
The statement attributes shared voting power and shared dispositive power for 1,327,477 shares, which signals that control is exercised collectively across the Meteora Funds rather than by a single sole holder.
Investors may note the identity of the Reporting Persons and any future amendments that change voting or ownership percentages.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially own regulatory
FAQ
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What stake does Meteora Capital report in OTGA?
Who are the Reporting Persons on the Schedule 13G/A for OTGA?
Does the filing state sole voting or disposal power for Meteora?
When was the Schedule 13G/A signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.