STOCK TITAN

Vernal Capital Acquisition (VECA) holders Harraden and Fortmiller file 0% ownership exit

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Vernal Capital Acquisition Corp. is the subject of an amended Schedule 13G/A reporting that Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. no longer beneficially own Class A shares. Following an internal reorganization effective June 30, 2026, their beneficial ownership is reported as 0 shares, or 0% of the outstanding Class A stock.

The amendment is characterized as an exit filing for these reporting persons. All voting and dispositive powers over the Class A shares are reported as zero, with certain Harraden-managed funds retaining the right to receive any dividends or sale proceeds from securities previously reported.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 0 Amount beneficially owned in Vernal Capital Acquisition Corp. Class A
Percent of class 0 % Reported ownership percentage of Class A shares
Effective date of internal reorganization 06/30/2026 Date after which the reporting persons ceased to be beneficial owners
beneficial owner regulatory
"have ceased to be the beneficial owners of more than five percent"
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.
dispositive power regulatory
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G/A regulatory
"This Amendment is being filed to report that the Reporting Persons"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
exit filing regulatory
"This Amendment constitutes an exit filing for the Reporting Persons."

FAQ

What does VECA’s Schedule 13G/A amendment disclose about Harraden’s ownership?

The amendment reports that Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. now beneficially own 0 Class A shares of VECA, representing 0% of the class, and therefore are no longer significant shareholders.

Why is this Schedule 13G/A for VECA described as an exit filing?

It is an exit filing because the reporting persons state they have ceased to be beneficial owners of more than five percent of VECA’s Class A shares following an internal reorganization effective June 30, 2026.

Who are the reporting persons in VECA’s Schedule 13G/A amendment?

The reporting persons are Harraden Circle Investments, LLC (a Delaware limited liability company) and Frederick V. Fortmiller, Jr., who is Harraden’s managing member and a citizen of the United States.

What voting and dispositive power is reported over VECA’s Class A shares?

The amendment states that the reporting persons have 0 shares with sole or shared voting power and 0 shares with sole or shared dispositive power, confirming no current control over VECA’s Class A stock.

Do any Harraden-managed funds still benefit from VECA securities?

Yes. The document notes that certain funds identified in Item 2(a) have the right to receive dividends or sale proceeds from the securities, even though the reporting persons’ beneficial ownership is reported as 0%.

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

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Learn about SEC filing dates





G93Y7F122

(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





SCHEDULE 13G



Harraden Circle Investments, LLC
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr., managing member
Date:08/14/2026
Frederick V. Fortmiller, Jr.
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr.
Date:08/14/2026

Comments accompanying signature: This Schedule 13G amends the Schedule 13G filed under Rule 13d-1(c) to remove the reporting persons who, after an internal reorganization effective June 30, 2026, are no longer beneficial owners of the securities reported herein and to change the Rule under which this Schedule 13G is filed to Rule 13d-1(b), because the remaining reporting persons qualify to file Schedule 13G under Rule 13d-1(b). Explanatory Note: This Amendment is being filed to report that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the outstanding shares of Class A common stock of the "Issuer". This Amendment constitutes an exit filing for the Reporting Persons.