STOCK TITAN

Meteora Capital (TDAC) discloses 919,000-share beneficial stake in SPAC

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of 919,000 shares of Translational Development Acquisition Corp. Class A Common Stock, representing 6.27 % of the class. All reported shares are held by funds and managed accounts for which Meteora Capital acts as investment manager, with no sole voting or dispositive power and shared voting and dispositive power over all 919,000 shares. The reporting persons state that the filing does not constitute an admission that they are beneficial owners of these shares for purposes of Section 13.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 919,000 shares Class A Common Stock reported by Meteora Capital and Vik Mittal
Percent of class 6.27 % Percentage of TDAC Class A Common Stock outstanding
Sole voting power 0 shares Shares of TDAC over which reporting persons have sole voting power
Shared voting power 919,000 shares Shares of TDAC over which reporting persons have shared voting power
Shared dispositive power 919,000 shares Shares of TDAC over which reporting persons share dispositive power
beneficial owner regulatory
"admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting power regulatory
"Shared Voting Power 919,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power regulatory
"Shared Dispositive Power 919,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of class financial
"Percent of class: 6.27 %"
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 stake in TDAC does Meteora Capital report on this Schedule 13G?

Meteora Capital reports beneficial ownership of 919,000 shares of Translational Development Acquisition Corp. (TDAC) Class A Common Stock, representing 6.27 % of the outstanding class, held through funds and managed accounts it advises.

Does Meteora Capital have sole or shared voting power over its TDAC shares?

Meteora Capital reports 0 shares with sole voting power and 919,000 shares with shared voting power in TDAC, reflecting that decisions are made jointly for the funds and managed accounts it oversees.

Who are the reporting persons on the TDAC Schedule 13G?

The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, with respect to TDAC shares held by certain Meteora-managed funds and accounts.

Where are the reporting persons for TDAC’s Schedule 13G based?

The principal business office for the TDAC Schedule 13G reporting persons is listed as 1200 N Federal Hwy, #200, Boca Raton, FL 33432, and Meteora Capital is organized in Delaware.

What type of TDAC security is covered by Meteora Capital’s Schedule 13G?

The filing covers Class A Common Stock of Translational Development Acquisition Corp. (TDAC), identified by CUSIP G9008W105, held through funds and managed accounts advised by Meteora Capital.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G9008W105

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Meteora Capital, LLC
Signature:Vik Mittal
Name/Title:Mr
Date:08/14/2026