Meteora Capital discloses 9.9% stake in Republic Digital (RDAG)
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report a significant stake in Republic Digital Acquisition Co. They report beneficial ownership of 2,970,000 shares of Class A common stock, representing 9.9% of the class. All voting and dispositive power over these shares is shared, with no sole authority reported.
The shares are held by investment funds and managed accounts advised by Meteora Capital, with Mittal as managing member. The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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FAQ
What percentage of Republic Digital Acquisition Co (RDAG) does Meteora Capital report owning?
Meteora Capital and Vik Mittal report beneficial ownership of 9.9% of Republic Digital Acquisition Co’s Class A common stock. This corresponds to 2,970,000 shares and reflects a sizable institutional position just under the 10% regulatory threshold.
Who are the reporting persons in this Republic Digital Acquisition Co (RDAG) Schedule 13G/A?
The filing identifies Meteora Capital, LLC and Vik Mittal as reporting persons. Meteora Capital is investment manager to certain funds and managed accounts, and Mittal is its managing member, tied to the reported Republic Digital Acquisition Co share position.
Does Meteora Capital’s Republic Digital Acquisition Co (RDAG) stake aim to influence control?
The filing states the securities were acquired and are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of Republic Digital Acquisition Co, consistent with a passive investment reporting under Schedule 13G.
When did the ownership level in Republic Digital Acquisition Co (RDAG) trigger this Schedule 13G/A amendment?
The date of the event requiring this amended Schedule 13G filing is reported as December 31, 2025. This reflects when the ownership position or related circumstances met the thresholds that required updating the prior beneficial ownership disclosure.