Royalty Management Holding (RMCO) investor holds 8.2% stake after correcting prior filing
Rhea-AI Filing Summary
Royalty Management Holding Corp (RMCO) is the subject of a Schedule 13G filing reporting a significant passive ownership position by an institutional holder. First Frontier Capital LLC, as the reporting person, states that it beneficially owns 1,167,208 shares of RMCO Class A common stock, representing 8.2% of the class.
This holder reports sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive power. The filing also notes that a prior Schedule 13D filed on November 8, 2023 was made in error, and this Schedule 13G is being filed to correct the beneficial ownership reporting.
Positive
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Negative
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Key Figures
Shares beneficially owned: 1,167,208 shares
Percent of class: 8.2%
Sole voting power: 1,167,208 shares
+3 more
6 metrics
Shares beneficially owned
1,167,208 shares
Class A Common Stock of Royalty Management Holding Corp beneficially owned by First Frontier Capital LLC
Percent of class
8.2%
Percentage of RMCO Class A Common Stock reported as beneficially owned by the reporting person
Sole voting power
1,167,208 shares
Shares over which the reporting person has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which the reporting person has shared power to vote or direct the vote
Sole dispositive power
1,167,208 shares
Shares over which the reporting person has sole power to dispose or direct the disposition
Shared dispositive power
0 shares
Shares over which the reporting person has shared power to dispose or direct the disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 1,167,208"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 1,167,208.00"
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
"Sole Dispositive Power 1,167,208.00"
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.
Schedule 13G regulatory
"was, and remains, eligible to report beneficial ownership on pursuant to"
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.
Schedule 13D regulatory
"previously filed a Schedule 13D on November 8, 2023"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What percentage of Royalty Management Holding Corp (RMCO) does First Frontier Capital LLC report owning?
First Frontier Capital LLC reports beneficial ownership of 8.2% of Royalty Management Holding Corp’s Class A common stock, based on 1,167,208 shares beneficially owned as disclosed in the Schedule 13G.
What correction does this Schedule 13G make regarding RMCO (RMCO)?
The reporting person states that a Schedule 13D filed on November 8, 2023 was made in error and that it was, and remains, eligible to report beneficial ownership on Schedule 13G. This Schedule 13G is filed to correct that prior beneficial ownership filing.
Who is the reporting person in this Schedule 13G for Royalty Management Holding Corp (RMCO)?
The reporting person is First Frontier Capital LLC, a United States entity, which reports beneficial ownership of 1,167,208 shares of Royalty Management Holding Corp Class A common stock on this Schedule 13G.
AI-generated analysis. How Rhea-AI works. Not financial advice.