Meteora Capital (PLMK) discloses 5.29% Plum Acquisition ownership in amended 13G
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report beneficial ownership of Class A Common Stock of Plum Acquisition Corp. They disclose beneficial ownership of 977,428 shares, representing 5.29% of the Class A Common Stock. The reported position is held through funds and managed accounts for which Meteora Capital acts as investment manager, with Mittal as Managing Member. The Reporting Persons have shared voting and dispositive power over all 977,428 shares and no sole voting or dispositive power. They expressly state that the filing should not be construed as an admission that any Reporting Person is a beneficial owner for purposes of Section 13 of the Exchange Act.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 977,428 shares
Percent of class: 5.29%
Shared voting power: 977,428 shares
+3 more
6 metrics
Shares beneficially owned
977,428 shares
Class A Common Stock of Plum Acquisition Corp beneficially owned by the Reporting Persons
Percent of class
5.29%
Portion of Plum Acquisition Corp Class A Common Stock reported as beneficially owned
Shared voting power
977,428 shares
Shares over which the Reporting Persons have shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which the Reporting Persons have sole power to vote
Shared dispositive power
977,428 shares
Shares over which the Reporting Persons have shared power to dispose or direct disposition
CUSIP
G7134A104
CUSIP number for Plum Acquisition Corp Class A Common Stock
Key Terms
beneficial owner, shared voting power, shared dispositive power, dispositive power, +1 more
5 terms
beneficial owner regulatory
"an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner"
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.
dispositive power regulatory
"Sole Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Section 13 of the Act regulatory
"for the purposes of Section 13 of the Act, the beneficial owner"
FAQ
What stake in Plum Acquisition Corp (PLMK) does Meteora Capital report in this Schedule 13G/A?
Meteora Capital and Vik Mittal report beneficial ownership of 977,428 shares of Plum Acquisition Corp Class A Common Stock, representing 5.29% of the class, held through funds and managed accounts advised by Meteora Capital.
Who are the reporting persons in the Plum Acquisition Corp (PLMK) Schedule 13G/A filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. They report on shares held by certain funds and managed accounts for which Meteora Capital serves as investment manager.
Where are Meteora Capital and Plum Acquisition Corp based according to this Schedule 13G/A?
Plum Acquisition Corp’s principal executive offices are at 2021 Fillmore Street, Suite 2089, San Francisco, CA 94115. The Reporting Persons’ principal business office is at 1200 N Federal Hwy, #200, Boca Raton, FL 33432.
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