Republic Digital (RDAG): Saba Capital group discloses 4.15% beneficial stake
Rhea-AI Filing Summary
Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein report their current holdings in Republic Digital Acquisition Company common shares on an amended beneficial ownership statement. Each reporting person lists 1,245,958 common shares with shared voting and shared dispositive power, and no sole voting or dispositive power.
Based on 30,000,000 shares outstanding as of May 13, 2026, this position represents 4.15% of Republic Digital Acquisition Company’s common shares. The group indicates that it now holds 5 percent or less of this class of securities and has entered into a Joint Filing Agreement covering this report.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,245,958 shares
Ownership percentage: 4.15%
Shares outstanding baseline: 30,000,000 shares
+2 more
5 metrics
Shares beneficially owned
1,245,958 shares
Common shares of Republic Digital Acquisition Company reported by each reporting person
Ownership percentage
4.15%
Portion of Republic Digital Acquisition Company common shares beneficially owned
Shares outstanding baseline
30,000,000 shares
Shares outstanding as of May 13, 2026 used to calculate ownership percentage
Sole voting power
0 shares
Shares over which reporting persons have sole power to vote
Shared voting power
1,245,958 shares
Shares over which reporting persons have shared power to vote
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner regulatory
"the beneficial owner of the Common Stock reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"file this statement and any subsequent amendments hereto jointly"
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
"have entered into a Joint Filing Agreement, dated May 5, 2025"
FAQ
What ownership stake in RDAG does Saba Capital report in this Schedule 13G/A?
Saba Capital and related reporting persons report beneficial ownership of 1,245,958 Republic Digital Acquisition Company common shares, representing 4.15% of the class based on 30,000,000 shares outstanding as of May 13, 2026.
Is Saba Capital’s ownership in RDAG above or below the 5% threshold?
The reporting persons state they hold 5 percent or less of RDAG’s common shares. Their disclosed position of 4.15%, based on 30,000,000 shares outstanding, is below the 5% Schedule 13 reporting threshold.
Who are the reporting persons in the RDAG Schedule 13G/A filing?
The reporting persons are Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein. They have a Joint Filing Agreement dated May 5, 2025 to submit this and future related ownership reports jointly.
AI-generated analysis. How Rhea-AI works. Not financial advice.