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Meteora Capital reports 6.45% stake in Rithm Acquisition (NASDAQ: RAC)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Rithm Acquisition Corp. Schedule 13G/A reports that Meteora Capital, LLC and Vik Mittal beneficially own 1,528,056 shares of Class A common stock, representing 6.45% of the class. The filing states shared voting and dispositive power over these shares. The signature date is 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Meteora Capital/Managing Member reports a significant passive stake in Rithm Acquisition.

Meteora Capital and Vik Mittal report 1,528,056 shares representing 6.45% of Class A common stock, with shared voting and dispositive power. This filing updates beneficial ownership under Schedule 13G/A and indicates passive investor status rather than an active control claim.

Watch subsequent amendments or Form 13D filings for any change in intent; the signature date is 05/15/2026.

Shared voting power indicates coordinated position across Meteora-managed funds.

The filing attributes voting and dispositive power to the Reporting Persons jointly, which is typical for investment-manager filings covering multiple funds and accounts. The statement also disclaims admitting beneficial ownership under Section 13 legal tests.

Subsequent filings would clarify any shift from passive to active intent; timing shown is 05/15/2026.

Shares beneficially owned 1,528,056 shares Class A common stock
Percent of class 6.45% Class A common stock
Filing signature date 05/15/2026 Schedule 13G/A signature date
CUSIP G75751100 Class A common stock identifier
Schedule 13G/A regulatory
"Schedule 13G/A reports beneficial ownership and amendments"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 1528056"
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.
shared dispositive power regulatory
"Shared Dispositive Power 1,528,056.00"





G75751100

(CUSIP Number)
03/31/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Meteora Capital, LLC
Signature:Vik Mittal
Name/Title:Mr
Date:05/15/2026

FAQ

What stake does Meteora Capital report in Rithm Acquisition (RAC)?

Meteora Capital reports beneficial ownership of 1,528,056 shares, equal to 6.45% of Class A common stock. The filing lists shared voting and shared dispositive power over those shares and is signed on 05/15/2026.

Who are the reporting persons on the Schedule 13G/A for RAC?

The reporting persons are Meteora Capital, LLC (investment manager for funds/accounts) and Vik Mittal as Managing Member. The address for the Reporting Persons is shown as 1200 N Federal Hwy, #200, Boca Raton, FL 33432.

What voting and dispositive powers are disclosed by Meteora Capital in the filing?

The filing discloses 0 sole voting and dispositive power and 1,528,056 shares of shared voting and dispositive power. Those amounts are presented under Item 4 as the powers held by the Reporting Persons.

Does the Schedule 13G/A indicate active control or intent to influence RAC?

The filing is a Schedule 13G/A reporting beneficial ownership and includes a disclaimer that the filing "should not be construed as an admission" of beneficial ownership under Section 13. It does not state any explicit intent to control or change management.

What class of Rithm shares is reported and what is the CUSIP?

The reported security is Class A common stock with CUSIP G75751100, as listed in Item 2(d) of the Schedule 13G/A. The ownership percentage and share count refer to that class.