Fort Baker Capital group (RAC) discloses 1.95M Rithm Acquisition Class A shares
Rhea-AI Filing Summary
Rithm Acquisition Corp. has a significant shareholder group associated with Fort Baker Capital Management LP. Fort Baker Capital Management LP directly holds 1,950,405 Class A ordinary shares included as part of the units.
Fort Baker Capital Management LP, Steven Patrick Pigott and Fort Baker Capital, LLC each report beneficial ownership of 8.2% of the Class A ordinary shares, based on 23,660,000 shares outstanding as of August 10, 2026. Each reporting person has shared voting and dispositive power over 1,950,405 shares and no sole voting or dispositive power, and each disclaims beneficial ownership except to the extent of that person’s pecuniary interest.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,950,405 Class A ordinary shares
Percent of class owned: 8.2%
Shares outstanding: 23,660,000 Class A ordinary shares
+3 more
6 metrics
Shares beneficially owned
1,950,405 Class A ordinary shares
Directly held by Fort Baker Capital Management LP
Percent of class owned
8.2%
Beneficial ownership for each reporting person
Shares outstanding
23,660,000 Class A ordinary shares
Outstanding as of August 10, 2026, per issuer’s quarterly report
Shared voting power
1,950,405 shares
Shared power to vote or direct the vote for each reporting person
Sole voting power
0 shares
Sole power to vote or direct the vote for each reporting person
Shared dispositive power
1,950,405 shares
Shared power to dispose or direct disposition for each reporting person
Key Terms
beneficial ownership, shared voting power, dispositive power, pecuniary interest, +1 more
5 terms
beneficial ownership financial
"The calculation percentage of beneficial ownership in Item 11 was derived"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,950,405.00"
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.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein"
FAQ
What percentage of Rithm Acquisition Corp. (RAC) does Fort Baker Capital Management LP report owning?
Fort Baker Capital Management LP reports beneficial ownership of 8.2% of Rithm Acquisition Corp.’s Class A ordinary shares. This percentage is based on 23,660,000 Class A ordinary shares outstanding as of August 10, 2026, as stated by the issuer.
Who are the reporting persons for the Rithm Acquisition Corp. (RAC) ownership disclosure?
The reporting persons are Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC. Pigott is the Limited Partner/Chief Investment Officer of Fort Baker Capital Management LP, and Fort Baker Capital, LLC is its General Partner.
How was the 8.2% ownership in Rithm Acquisition Corp. (RAC) calculated?
The 8.2% beneficial ownership was derived using 23,660,000 Class A ordinary shares outstanding as of August 10, 2026. That outstanding share figure comes from the issuer’s quarterly report, and the stake reflects 1,950,405 shares held.
Do the Fort Baker reporting persons consider themselves a group regarding Rithm Acquisition Corp. (RAC)?
The reporting persons state they are submitting the disclosure jointly, but not as members of a group. Each also disclaims beneficial ownership of the reported securities except to the extent of that person’s pecuniary interest in them.
AI-generated analysis. How Rhea-AI works. Not financial advice.