Centiva Reports 5.57% Stake in ProCap (Schedule 13G, PCAPU)

Centiva Capital entities report beneficial ownership of 1,417,623 Class A ordinary shares of ProCap Acquisition Corp, representing 5.57% of the company's 25,430,000 Class A shares outstanding per the issuer's recent quarterly report.

Rhea-AI Filing Summary

Centiva Capital entities report beneficial ownership of 1,417,623 Class A ordinary shares of ProCap Acquisition Corp, representing 5.57% of the company's 25,430,000 Class A shares outstanding per the issuer's recent quarterly report. The holdings are held through the Centiva Capital Funds with Centiva Capital, LP serving as investment manager and Centiva Capital GP, LLC as the general partner.

Both reporting persons state they have no sole voting or dispositive power and report shared voting and dispositive power over 1,417,623 shares. The filing certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Positive

• Material stake disclosed: Reporting persons beneficially own 1,417,623 shares, representing 5.57% of Class A shares.
• Non-activist certification: Filing states the shares are held in the ordinary course and were not acquired to change or influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: A passive, material stake above 5% signals investor interest without a control agenda.

Centiva reports beneficial ownership of 1,417,623 Class A shares, equal to 5.57% of the 25,430,000 Class A shares outstanding reported by the issuer. The filing attributes the position to Centiva Capital Funds with shared voting and dispositive power and explicitly states the holdings are held in the ordinary course and not to influence control. As a Schedule 13G filing, this indicates a non-activist disclosure of a material economic position rather than an attempt to exert governance influence.

Corporate Governance Expert

TL;DR: Ownership is material but governance impact is limited given no sole voting or dispositive power.

The report shows Centiva Capital, LP and Centiva Capital GP, LLC hold shared voting and dispositive power over 1,417,623 shares and report 0 shares of sole voting or dispositive power. The filing includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing control. From a governance perspective, this disclosure is important for transparency but does not indicate an active governance or control campaign.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PCAPU shares does Centiva Capital report owning?

1,417,623 shares of ProCap Acquisition Corp Class A ordinary shares.

What percentage of PCAPU does Centiva Capital own?

5.57% of the 25,430,000 Class A shares outstanding reported by the issuer.

Who filed the Schedule 13G for PCAPU?

Centiva Capital, LP (investment manager) and Centiva Capital GP, LLC (general partner) filed the statement.

Does Centiva have sole voting power over the reported shares?

No. The filing reports 0 shares of sole voting power and 1,417,623 shares of shared voting power.

Were the shares acquired to influence control of ProCap Acquisition (PCAPU)?

No. The filing certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.

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

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Accepted by SEC EDGAR 08/14/2025 - 02:04 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ProCap Acquisition Corp

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G7257A113

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G7257A113

1

Names of Reporting Persons

Centiva Capital, LP

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 1,417,623.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,417,623.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,417,623.00

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)

5.57 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G7257A113

1

Names of Reporting Persons

Centiva Capital GP, 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 1,417,623.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,417,623.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,417,623.00

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)

5.57 %

12

Type of Reporting Person (See Instructions)

HC, PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ProCap Acquisition Corp
(b)	Address of issuer's principal executive offices: 600 Lexington Ave, Floor 2, New York, NY 10022
Item 2.
(a)	Name of person filing: (1) Centiva Capital, LP (the "Investment Manager"), a Delaware limited partnership and the investment manager of certain affiliated funds (the "Centiva Capital Funds") with respect to the shares of Class A ordinary shares (as defined in Item 2(d)); and (2) Centiva Capital GP, LLC, the general partner of the Investment Manager and the Centiva Capital Funds, with respect to the shares of Class A ordinary shares held by the Centiva Capital 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 shares of Class A ordinary shares reported herein.
(b)	Address or principal business office or, if none, residence: 66 Hudson Blvd. E, 56th Floor New York, NY 10001
(c)	Citizenship: Centiva Capital GP, LLC - Delaware Centiva Capital, LP - Delaware
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G7257A113
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: Centiva Capital GP, LLC. - 1,417,623 Centiva Capital, LP - 1,417,623
(b)	Percent of class: 5.57% of the 25,430,000 shares of Class A ordinary shares outstanding as of August 8, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed on August 11, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Centiva Capital GP, LLC. - 0 Centiva Capital, LP - 0
	(ii) Shared power to vote or to direct the vote: Centiva Capital GP, LLC. - 1,417,623 Centiva Capital, LP - 1,417,623
	(iii) Sole power to dispose or to direct the disposition of: Centiva Capital GP, LLC. - 0 Centiva Capital, LP - 0
	(iv) Shared power to dispose or to direct the disposition of: Centiva Capital GP, LLC. - 1,417,623 Centiva Capital, LP - 1,417,623
Item 5.	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.

Centiva Capital, LP

Signature:	Alan Weiss
Name/Title:	Alan Weiss, General Counsel and Chief Compliance Officer
Date:	08/14/2025

Centiva Capital GP, LLC

Signature:	Alan Weiss
Name/Title:	Alan Weiss, General Counsel and Chief Compliance Officer
Date:	08/14/2025

Exhibit Information

Exhibit I JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Centiva Capital, LP By: /s/ Alan Weiss Name: Alan Weiss Title: General Counsel and Chief Compliance Officer Centiva Capital GP, LLC By: /s/ Alan Weiss Name: Alan Weiss Title: General Counsel and Chief Compliance Officer