Meteora Capital (PCAP) discloses 1.17M ProCap Acquisition Class A shares

Rhea-AI Filing Summary

Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A common stock of ProCap Acquisition Corp. They report beneficial ownership of 1,165,778 shares of Class A common stock, representing 4.58% of the class as of June 30, 2026.

The reporting persons have no sole voting or dispositive power over these shares, but report shared voting and shared dispositive power over all 1,165,778 shares, held by certain funds and managed accounts for which Meteora Capital serves as investment manager. The filing states this position represents ownership of 5 percent or less of the class and includes a disclaimer that the reporting persons should not be deemed beneficial owners for certain purposes.

Key Figures

Shares beneficially owned: 1,165,778 shares Percent of class: 4.58% Shared voting power: 1,165,778 shares +3 more

6 metrics

Shares beneficially owned 1,165,778 shares Class A common stock beneficially owned as reported in Item 4(a)

Percent of class 4.58% Percentage of ProCap Acquisition Corp Class A common stock

Shared voting power 1,165,778 shares Shares over which reporting persons share voting power

Shared dispositive power 1,165,778 shares Shares over which reporting persons share dispositive power

Sole voting power 0 shares Shares over which reporting persons have sole voting power

Sole dispositive power 0 shares Shares over which reporting persons have sole dispositive power

Key Terms

beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +1 more

5 terms

beneficial owner financial

"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.

shared voting power financial

"Shared Voting Power 1,165,778.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 1,165,778.00"

Schedule 13G regulatory

"for the purposes of Section 13 of the Act"

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.

percent of class financial

"Percent of class: 4.58 %"

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 percentage of ProCap Acquisition Corp (PCAP) does Meteora Capital report owning?

Meteora Capital and Vik Mittal report beneficial ownership of 4.58% of ProCap Acquisition Corp’s Class A common stock, based on 1,165,778 shares held through certain funds and managed accounts they oversee.

How many ProCap Acquisition Corp (PCAP) shares does Meteora Capital report?

They report beneficial ownership of 1,165,778 shares of ProCap Acquisition Corp Class A common stock, with shared voting and dispositive power over all of these shares and no sole voting or dispositive power.

Who are the reporting persons in this ProCap Acquisition Corp (PCAP) Schedule 13G/A?

The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, each reporting with respect to shares held by certain Meteora-managed funds and accounts.

Does Meteora Capital claim more than 5% ownership of ProCap Acquisition Corp (PCAP)?

No. The filing states their beneficial ownership is 4.58% of ProCap Acquisition Corp’s Class A common stock and notes that this represents ownership of 5 percent or less of the class.

What voting and dispositive powers over ProCap Acquisition Corp (PCAP) shares are reported?

The reporting persons disclose 0 shares with sole voting or dispositive power and 1,165,778 shares with shared voting and shared dispositive power, reflecting their role over certain funds and managed accounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/14/2026 - 02:41 PM Accepted by SEC EDGAR 08/14/2026 - 02:40 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

ProCap Acquisition Corp

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

G7257A105

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G7257A105

1

Names of Reporting Persons

Meteora Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,165,778.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,165,778.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,165,778.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.58 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ProCap Acquisition Corp
(b)	Address of issuer's principal executive offices: 600 Lexington Ave., Fl 2, New Yrk, NY, 10022
Item 2.
(a)	Name of person filing: (i) Meteora Capital, LLC, a Delaware limited liability company ("Meteora Capital") with respect to the Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Meteora Capital serves as investment manager (collectively, the "Meteora Funds"); and (ii) Vik Mittal, who serves as the Managing Member of Meteora Capital, with respect to the Common Stock held by the Meteora Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should 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 of the Common Stock reported herein.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 1200 N Federal Hwy, #200, Boca Raton FL 33432
(c)	Citizenship: Meteora Capital is a Delaware limited liability company. Vik Mittal is a United States citizen.
(d)	Title of class of securities: Class A common stock
(e)	CUSIP No.: G7257A105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1165778.00
(b)	Percent of class: 4.58 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1165778.00
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1165778.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Mr
Date:	08/14/2026