Meteora Capital discloses 7.97% Viking Acquisition Corp I (VACI) position in 13G
Rhea-AI Filing Summary
Meteora Capital, LLC and Vik Mittal report beneficial ownership of Class A Common Stock of Viking Acquisition Corp I. They report beneficial ownership of 1,885,107 shares, representing 7.97% of the Class A Common Stock. All reported shares are held by funds and managed accounts for which Meteora Capital acts as investment manager, with Mittal as Managing Member. The Reporting Persons have shared voting and dispositive power over all 1,885,107 shares and no sole voting or dispositive power, and expressly state that the filing should not be construed as an admission of beneficial ownership for purposes of Section 13.
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Key Figures
Shares beneficially owned: 1,885,107 shares
Ownership percentage: 7.97%
Shared voting power: 1,885,107 shares
+3 more
6 metrics
Shares beneficially owned
1,885,107 shares
Class A Common Stock beneficially owned by the Reporting Persons
Ownership percentage
7.97%
Percent of Viking Acquisition Corp I Class A Common Stock
Shared voting power
1,885,107 shares
Shares over which the Reporting Persons share voting power
Shared dispositive power
1,885,107 shares
Shares over which the Reporting Persons share dispositive power
Sole voting power
0 shares
Shares over which the Reporting Persons have sole voting power
Sole dispositive power
0 shares
Shares over which the Reporting Persons have sole dispositive power
Key Terms
beneficial owner, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficial owner regulatory
"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.
percent of class financial
"Percent of class: 7.97 %"
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.
Section 13 of the Act regulatory
"for the purposes of Section 13 of the Act, the beneficial owner"
FAQ
What percentage of Viking Acquisition Corp I (VACI) does Meteora Capital report owning?
Meteora Capital and Vik Mittal report beneficial ownership of 7.97% of Viking Acquisition Corp I’s Class A Common Stock. This stake is held through funds and managed accounts advised by Meteora Capital, over which they have shared voting and dispositive power.
Who are the reporting persons in the Viking Acquisition Corp I (VACI) Schedule 13G?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. They file with respect to shares held by certain Meteora-managed funds and accounts, while disclaiming admission of beneficial ownership under Section 13.
Where are Meteora Capital and Viking Acquisition Corp I based according to this Schedule 13G?
Viking Acquisition Corp I’s principal offices are at 900 Third Avenue, 10th Floor, Suite 200, New York, NY 10022. The Reporting Persons’ principal business office is 1200 N Federal Hwy, #200, Boca Raton, FL 33432.
What is the CUSIP and class of securities covered for Viking Acquisition Corp I (VACI)?
The filing covers Class A Common Stock of Viking Acquisition Corp I with CUSIP G9582G104. Meteora Capital and Vik Mittal report their beneficial ownership and related voting and dispositive powers for this security class.
AI-generated analysis. How Rhea-AI works. Not financial advice.