[SCHEDULE 13G] ProCap Acquisition Corp Passive Investment Disclosure (>5%)
Rhea-AI Filing Summary
Meteora Capital, LLC and managing member Vik Mittal have disclosed a passive ownership position in ProCap Acquisition Corp on a Schedule 13G. They report beneficial ownership of 2,220,025 shares of Class A common stock, representing 8.7299% of the class as of the event date. All of these shares are reported with shared voting and shared dispositive power, with no sole voting or dispositive authority. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of ProCap Acquisition Corp.
Positive
- None.
Negative
- None.