Harraden exits >5% position in SC II Acquisition Corp.
SC II Acquisition Corp. amendment reports that the Harraden group and Frederick V. Fortmiller, Jr. have ceased to be beneficial owners of more than five percent of the issuer's Class A common stock.
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Rhea-AI Filing Summary
SC II Acquisition Corp. amendment reports that the Harraden group and Frederick V. Fortmiller, Jr. have ceased to be beneficial owners of more than five percent of the issuer's Class A common stock. The filing states amount beneficially owned: 0 and percent of class: 0%, and is signed by Mr. Fortmiller on 05/14/2026.
Insights
Exit filing shows institutional holders dropped below 5% ownership.
The amendment to the Schedule 13G/A states the Harraden entities and Frederick V. Fortmiller, Jr. report 0 shares beneficially owned and 0% of Class A common stock, filed as an exit from >5% status. The signature date is 05/14/2026.
Such exit filings are routine when holdings fall below reporting thresholds; subsequent ownership disclosures, if any, will appear in future filings.
Filing documents change in beneficial ownership classification, not a transaction narrative.
The document identifies the reporting persons and explains indirect beneficial ownership via general partner and adviser relationships. It clarifies the entities that previously held >5% and now report 0% beneficial ownership.
Regulatory implication: this is an administrative exit filing under Schedule 13G/A; no proceeds or trades are described in the excerpt.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned regulatory
exit filing regulatory
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.