Meteora Capital (VNME) discloses 1.96M-share, 9.81% holding in Vendome
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A common stock of Vendome Acquisition Corp I. They report beneficial ownership of 1,961,501 shares, representing 9.81% of the Class A common stock. All reported shares are held with shared voting and dispositive power through funds and managed accounts advised by Meteora Capital, with no sole voting or dispositive power reported. The reporting persons state that filing this statement should not be construed as an admission that they are the beneficial owners for certain legal purposes.
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Key Figures
Shares beneficially owned: 1,961,501 shares
Ownership percentage: 9.81%
Shared voting power: 1,961,501 shares
+2 more
5 metrics
Shares beneficially owned
1,961,501 shares
Class A common stock beneficially owned by Meteora Capital and Vik Mittal
Ownership percentage
9.81%
Percentage of Vendome Acquisition Corp I Class A common stock
Shared voting power
1,961,501 shares
Shares over which reporting persons have shared power to vote
Sole voting power
0 shares
Shares over which reporting persons have sole power to vote
Shared dispositive power
1,961,501 shares
Shares over which reporting persons have shared power to dispose
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner regulatory
"an 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.
Schedule 13G regulatory
"for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein"
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.
FAQ
What stake does Meteora Capital report in Vendome Acquisition Corp I (VNME)?
Meteora Capital and Vik Mittal report beneficial ownership of 1,961,501 shares of Vendome Acquisition Corp I Class A common stock, representing 9.81% of the class, held through certain funds and managed accounts they oversee.
How much voting power does Meteora Capital have in VNME according to this Schedule 13G/A?
The reporting persons disclose 0 shares with sole voting power and 1,961,501 shares with shared voting power, matching their total reported beneficial ownership position in VNME Class A common stock.
Who are the reporting persons in the VNME Schedule 13G/A filing?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, with respect to VNME Class A common stock held by certain Meteora-managed funds and accounts.
What percentage of VNME’s Class A common stock is reported as beneficially owned?
The filing states that the reporting persons beneficially own 9.81% of Vendome Acquisition Corp I’s Class A common stock, based on 1,961,501 shares held with shared voting and dispositive power.
AI-generated analysis. How Rhea-AI works. Not financial advice.