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Saba and Boaz Weinstein Report 6.33% Stake in Republic Digital Acquisition

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

Rhea-AI Filing Summary

Saba Capital Management, L.P., Saba Capital Management GP, LLC and Boaz R. Weinstein report beneficial ownership of 1,900,000 common shares of Republic Digital Acquisition Company, representing 6.33% of the class based on 30,000,000 shares outstanding as of June 12, 2025. The holdings are shown as shared voting and dispositive power; no sole voting or dispositive power is reported. The filing includes a joint filing agreement and a certification that the shares were not acquired to influence control.

Positive

  • Clear disclosure of beneficial ownership: 1,900,000 shares reported with breakdown of voting and dispositive power
  • Quantified stake: filing states the position represents 6.33% of the class using the issuer's disclosed 30,000,000 outstanding shares
  • Joint Filing Agreement is identified, clarifying coordinated reporting among Saba entities and Mr. Weinstein

Negative

  • None.

Insights

TL;DR: Saba and Mr. Weinstein disclosed a non-controlling ~6.33% stake, reported as shared voting/dispositive power — a routine Section 13 filing.

The Schedule 13G/A shows 1,900,000 shares beneficially owned, calculated against 30,000,000 outstanding shares per the issuer's 10-Q. Ownership is reported as shared voting and shared dispositive power with no sole control. The filing includes a Joint Filing Agreement and a certification limiting the filing to passive ownership (no intent to influence control). This is consistent with passive investor reporting under Rule 13d-1(c)/(d) rather than an active control filing.

TL;DR: Disclosure clarifies ownership and voting arrangements; it signals a significant shareholder position without asserted control intentions.

The document identifies the reporting persons and their organizational details, the address used for correspondence, and the classification of voting and dispositive power as shared. The certification states the shares were not acquired to change or influence control, and signatures include a power of attorney reference. For governance review, this provides necessary transparency on a >5% holding but does not indicate activism or board intent.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: The percentages used herein are calculated based upon 30,000,000 shares outstanding as of June 12, 2025 as disclosed in the company's 10-Q filed 6/16/25.


SCHEDULE 13G




Comment for Type of Reporting Person: The percentages used herein are calculated based upon 30,000,000 shares outstanding as of June 12, 2025 as disclosed in the company's 10-Q filed 6/16/25.


SCHEDULE 13G




Comment for Type of Reporting Person: The percentages used herein are calculated based upon 30,000,000 shares outstanding as of June 12, 2025 as disclosed in the company's 10-Q filed 6/16/25.


SCHEDULE 13G



Saba Capital Management, L.P.
Signature:/s/ Michael D'Angelo
Name/Title:General Counsel
Date:08/13/2025
Boaz R. Weinstein
Signature:/s/ Michael D'Angelo
Name/Title:Authorized Signatory
Date:08/13/2025
Saba Capital Management GP, LLC
Signature:/s/ Michael D'Angelo
Name/Title:Attorney-in-fact*
Date:08/13/2025

Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015

FAQ

How many Republic Digital Acquisition Company (RDAGU) shares does Saba Capital report owning?

The Reporting Persons state beneficial ownership of 1,900,000 shares, reported as shared voting and dispositive power.

What percentage of RDAGU does the 1,900,000 shares represent?

The filing reports this equals 6.33% of the class, calculated using 30,000,000 shares outstanding as of June 12, 2025.

Does the filing indicate Saba Capital intends to influence control of RDAGU?

The certification in Item 10 states the securities were not acquired and are not held for the purpose of changing or influencing control.

Who signed the Schedule 13G/A on behalf of the reporting persons?

Signatures are by Michael D'Angelo as General Counsel/Authorized Signatory/Attorney-in-fact for the reporting entities, dated 08/13/2025.

Which entities and individuals are listed as Reporting Persons?

The reporting persons are Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein.
Republic Digital Acquisition

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