Meteora Capital reports 5.18% TVA (TVA) stake in Texas Ventures Acquisition III Corp
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A Common Stock of Texas Ventures Acquisition III Corp. They disclose beneficial ownership of 1,165,475 shares, representing 5.18% of the Class A Common Stock.
The reporting persons have shared voting power and shared dispositive power over all 1,165,475 shares and no sole voting or dispositive power. The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager, and the filing states it should not be construed as an admission of beneficial ownership for Section 13 purposes.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,165,475 shares
Percent of class: 5.18%
Shared voting power: 1,165,475 shares
+3 more
6 metrics
Shares beneficially owned
1,165,475 shares
Class A Common Stock reported as beneficially owned by Meteora Capital and Vik Mittal
Percent of class
5.18%
Portion of Texas Ventures Acquisition III Corp Class A Common Stock reported as owned
Shared voting power
1,165,475 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which the reporting persons have sole power to vote
Shared dispositive power
1,165,475 shares
Shares over which the reporting persons have shared power to dispose
Sole dispositive power
0 shares
Shares over which the reporting persons have sole power to dispose
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner regulatory
"the beneficial owner of the Common Stock reported herein"
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.
Schedule 13G regulatory
"for the purposes of Section 13 of the Act"
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.
percent of class financial
"Percent of class: 5.18 %"
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 Texas Ventures Acquisition III Corp (TVA) does Meteora Capital own?
Meteora Capital and Vik Mittal report beneficial ownership of 5.18% of Texas Ventures Acquisition III Corp’s Class A Common Stock, representing 1,165,475 shares held through certain funds and managed accounts.
Who are the reporting persons in the TVA Schedule 13G filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, with respect to Class A Common Stock held by certain Meteora-managed funds and accounts.
Where are Meteora Capital and Texas Ventures Acquisition III Corp based?
Texas Ventures Acquisition III Corp’s principal offices are in Houston, TX 77056, while the reporting persons’ principal business office is at 1200 N Federal Hwy, #200, Boca Raton, FL 33432, according to the Schedule 13G.
AI-generated analysis. How Rhea-AI works. Not financial advice.