Meteora Funds Hold 73,051 Shares of PHP Ventures (6.3% Ownership)

Rhea-AI Filing Summary

Meteora Capital, LLC and Vik Mittal disclose beneficial ownership of 73,051 shares of PHP Ventures Acquisition Corp Class A common stock, representing 6.30% of the class. The filing shows the Reporting Persons possess shared voting and shared dispositive power over all reported shares and have no sole voting or dispositive power.

The reported shares are held by funds and managed accounts for which Meteora serves as investment manager, and Meteora is identified as an investment adviser (IA). The filing includes a certification that 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

• Disclosure of a 6.30% stake (73,051 shares) provides clear investor transparency
• Shared voting and dispositive power is explicitly reported for the full position
• Filing includes certification that holdings were acquired and are held in the ordinary course of business
• Meteora identified as an investment adviser (IA), and shares are held via funds and managed accounts

Negative

• No sole voting or dispositive power means the Reporting Persons cannot unilaterally control corporate actions
• 6.30% represents a minority position and is insufficient by itself to change issuer control

Insights

Financial Analyst

6.30% stake (73,051 shares) disclosed by Meteora-managed funds; shared power, not sole control.

This Schedule 13G/A reports a meaningful minority position: 73,051 shares (6.30%). The filing attributes both voting and dispositive authority to the Reporting Persons on a shared basis and explicitly records no sole voting or dispositive power. The certification that holdings are in the ordinary course of business and not intended to change control frames this as an investment-management position rather than an activism or control attempt.

Corporate Governance Expert

Shared voting/dispositive power indicates pooled fund holdings; certification reduces immediate control concerns.

The form identifies Meteora Capital as an investment adviser (IA) and notes the shares are held by funds and managed accounts it manages. Because all reported shares are subject to shared rather than sole authority, the holder lacks unilateral control. The attestation that the securities are held in the ordinary course and not to influence control suggests a passive or portfolio-management posture from a governance perspective.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

PHP Ventures Acquisition Corp.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

69291C106

(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. 69291C106

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 73,051.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 73,051.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

73,051.00

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)

6.30 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PHP Ventures Acquisition Corp.
(b)	Address of issuer's principal executive offices: 10 East 53rd St., Suite 3001, New York, 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, $0.0001 par value per share
(e)	CUSIP No.: 69291C106
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: 73,051
(b)	Percent of class: 6.30 %
(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: 73,051
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 73,051
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.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Managing Member
Date:	08/14/2025

FAQ

Who filed the Schedule 13G/A for PPHPU?

Meteora Capital, LLC and Vik Mittal (Managing Member) are the Reporting Persons in this filing.

How many shares of PPHPU does Meteora report owning and what percent is that?

The filing reports 73,051 shares, representing 6.30% of the Class A common stock.

What voting and dispositive powers are reported for PPHPU shares?

The Reporting Persons report 0 sole voting power and 73,051 shared voting power; similarly 0 sole dispositive power and 73,051 shared dispositive power.

Are the shares held on behalf of others for PPHPU?

Yes, the shares are held by certain funds and managed accounts for which Meteora serves as investment manager.

Does the filing state the purpose of the PPHPU holdings?

The filing includes a certification that 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.