Royalty Management holder reports 7.7% passive stake
White River Holdings LLC reports passive beneficial ownership of 7.7% of Royalty Management Holding Corp’s Class A common stock and corrects a prior mistaken Schedule 13D filing.
Rhea-AI Filing Summary
Royalty Management Holding Corp (RMCO) has a significant shareholder disclosure from White River Holdings LLC, which reports beneficial ownership of 1,104,739 shares of Class A common stock, representing 7.7% of the class as of October 31, 2023. White River Holdings LLC has sole voting and sole dispositive power over all of these shares, with no shared power reported.
The investor states that the securities were not acquired and are not held for the purpose of changing or influencing control of Royalty Management Holding Corp, consistent with a passive ownership stance. The filing also notes that a prior Schedule 13D filed on November 8, 2023 was made in error and that this Schedule 13G is being submitted to correct the beneficial ownership reporting.
Positive
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Negative
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Key Figures
Key Terms
Schedule 13G regulatory
beneficial ownership financial
sole voting power financial
sole dispositive power financial
percent of class financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Royalty Management Holding Corp (RMCO) does White River Holdings LLC own?
Is White River Holdings LLC a passive investor in RMCO according to this Schedule 13G?
Why did White River Holdings LLC file this Schedule 13G for RMCO?
Who signed the RMCO Schedule 13G on behalf of White River Holdings LLC?
AI-generated analysis. How Rhea-AI works. Not financial advice.