White River Ventures recasts Royalty Management (RMCO) stake as passive
Rhea-AI Filing Summary
Royalty Management Holding Corp (symbol RMCO) reports that White River Ventures LLC has filed a Schedule 13G as a passive beneficial owner of its Class A Common Stock. White River Ventures LLC beneficially owns 855,196 shares, representing 6.0% of this class, with sole voting and sole dispositive power over all such shares.
The reporting person states the securities were not acquired and are not held to change or influence control of RMCO. A previously filed Schedule 13D dated November 8, 2023 is described as having been made in error, and this Schedule 13G is filed to correct the beneficial ownership reporting.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 855,196 shares
Percent of class: 6.0%
Sole Voting Power: 855,196 shares
+3 more
6 metrics
Beneficially owned shares
855,196 shares
Class A Common Stock of Royalty Management Holding Corp reported by White River Ventures LLC
Percent of class
6.0%
Ownership percentage of RMCO Class A Common Stock held by White River Ventures LLC
Sole Voting Power
855,196 shares
Shares over which White River Ventures LLC has sole power to vote or direct the vote
Sole Dispositive Power
855,196 shares
Shares over which White River Ventures LLC has sole power to dispose or direct disposition
Par value
$0.0001 per share
Par value of Royalty Management Holding Corp Class A Common Stock
CUSIP
02369M102
CUSIP Number for Royalty Management Holding Corp Class A Common Stock
Key Terms
Schedule 13G, beneficial ownership, Sole Voting Power, Sole Dispositive Power, +1 more
5 terms
Schedule 13G regulatory
"This Schedule 13G is being filed to correct the reporting person's beneficial ownership filing"
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.
beneficial ownership financial
"being filed to correct the reporting person's beneficial ownership filing"
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.
Sole Voting Power financial
"5 | Sole Voting Power 855,196.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 855,196.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Item 4. | Ownership (a) | Amount beneficially owned: 855,196 (b) | Percent of class: 6.0%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of RMCO’s Class A Common Stock does White River Ventures LLC hold?
White River Ventures LLC reports holding 6.0% of Royalty Management Holding Corp’s outstanding Class A Common Stock. This percentage is based on the issuer’s Class A Common Stock and reflects the reporting person’s beneficial ownership position.
Is White River Ventures LLC seeking to influence control of RMCO?
No. White River Ventures LLC certifies that the securities were not acquired and are not held for the purpose or with the effect of changing or influencing the control of Royalty Management Holding Corp, consistent with a passive Schedule 13G filing.
Why did White River Ventures LLC file this Schedule 13G for RMCO?
White River Ventures LLC states that a prior Schedule 13D filed on November 8, 2023 was made in error. It explains that it was, and remains, eligible to report beneficial ownership on Schedule 13G and is filing this Schedule 13G to correct its beneficial ownership reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.