Meteora Capital discloses 5.6940% TVAI stake in Schedule 13G filing (NASDAQ: TVAI)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Meteora Capital, LLC filed a Schedule 13G reporting beneficial ownership of 1,166,559 Class A common shares of Thayer Ventures Acquisition Corp II, equal to 5.6940% of the class. The shares are held by funds and managed accounts for which Meteora Capital acts as investment manager.
All voting and dispositive authority over these shares is described as shared, with no sole voting or dispositive power reported. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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FAQ
What does Meteora Capital’s Schedule 13G filing for TVAI disclose?
Meteora Capital’s Schedule 13G discloses beneficial ownership of 1,166,559 Class A common shares of Thayer Ventures Acquisition Corp II, representing 5.6940% of that class, held through funds and accounts it manages in an investment manager capacity.
Who are the reporting persons in the TVAI Schedule 13G filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. Mittal is reported with respect to the Common Stock held by the Meteora-managed funds and accounts collectively referred to as the Meteora Funds.
Is Meteora Capital seeking control of Thayer Ventures Acquisition Corp II?
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Thayer Ventures Acquisition Corp II, nor in connection with any transaction having that purpose or effect.