MMCAP and MM Asset Management (QADR) disclose 7.5% holding in QDRO
Rhea-AI Filing Summary
MMCAP International Inc. SPC and MM Asset Management Inc. report beneficial ownership of QDRO Acquisition Corp. Class A Ordinary Shares in an amendment to their Schedule 13G.
They collectively beneficially own 1,500,000 Class A Ordinary Shares, representing 7.5% of the class, based on 20,000,000 outstanding shares. They report shared voting and dispositive power over 1,500,000 shares and no sole voting or dispositive power.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,500,000 Class A Ordinary Shares
Ownership percentage: 7.5%
Shares outstanding basis: 20,000,000 Class A Ordinary Shares
+4 more
7 metrics
Beneficially owned shares
1,500,000 Class A Ordinary Shares
Amount beneficially owned by MMCAP International Inc. SPC and MM Asset Management Inc.
Ownership percentage
7.5%
Percent of QDRO Acquisition Corp. Class A Ordinary Shares beneficially owned
Shares outstanding basis
20,000,000 Class A Ordinary Shares
Outstanding shares of issuer used to calculate 7.5% ownership
Sole voting power
0 shares
Number of shares with sole power to vote or direct the vote
Shared voting power
1,500,000 shares
Number of shares with shared power to vote or direct the vote
Sole dispositive power
0 shares
Number of shares with sole power to dispose or direct disposition
Shared dispositive power
1,500,000 shares
Number of shares with shared power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 1,500,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13G regulatory
"report beneficial ownership of QDRO ... in an amendment to their Schedule 13G"
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.
Joint Filing Agreement regulatory
"Exhibit 99.1 Joint Filing Agreement"
FAQ
What stake in QADR does MMCAP International Inc. SPC report in this Schedule 13G/A?
MMCAP International Inc. SPC reports beneficial ownership of 1,500,000 Class A Ordinary Shares of QDRO Acquisition Corp., representing 7.5% of the Class A Ordinary Shares based on 20,000,000 shares outstanding.
Who are the reporting persons in QADR’s Schedule 13G/A Amendment No. 1?
The reporting persons are MMCAP International Inc. SPC, organized in the Cayman Islands, and MM Asset Management Inc., organized in Ontario, Canada. They filed jointly regarding QDRO Acquisition Corp. Class A Ordinary Shares.
What addresses are listed for the QADR Schedule 13G/A reporting persons?
MMCAP International Inc. SPC lists an address in Grand Cayman, Cayman Islands, and MM Asset Management Inc. lists an address at 161 Bay Street, Toronto, Ontario, Canada, as their principal business offices.
AI-generated analysis. How Rhea-AI works. Not financial advice.