Meteora reports 1.99M Vendome (VNME) shares, a 9.99% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Meteora Capital, LLC filed a Schedule 13G disclosing beneficial ownership of 1,999,794 shares of Vendome Acquisition Corp I Class A common stock, equal to 9.99% of the class. All shares are held in funds and managed accounts for which Meteora Capital serves as investment manager.
The filing attributes the holdings to Meteora-managed vehicles, with shared voting and dispositive power over all reported shares and no sole power. Managing Member Vik Mittal is listed as a reporting person. The securities are described as acquired and held in the ordinary course of business, not for changing or influencing control of Vendome.
Positive
- None.
Negative
- None.
FAQ
What stake in Vendome Acquisition Corp I (VNME) does Meteora Capital report?
Meteora Capital reports beneficial ownership of 1,999,794 shares of Vendome Acquisition Corp I Class A common stock, representing 9.99% of the outstanding class. This positions Meteora as a significant, but sub-10%, shareholder under U.S. securities disclosure rules.
Who are the reporting persons in the Vendome (VNME) Schedule 13G filing?
The Schedule 13G lists Meteora Capital, LLC and Vik Mittal as reporting persons. Meteora Capital is investment manager to certain funds and accounts holding the shares, while Mittal is the firm’s Managing Member, linked to the same 1,999,794-share, 9.99% position.
Is Meteora Capital’s 9.99% VNME position intended to influence control?
The filing states the securities were acquired and are held in the ordinary course of business, not for changing or influencing control of Vendome Acquisition Corp I. It also notes the holdings are not part of any control-related transaction, except certain nomination activities cited.
What type of securities in VNME does Meteora Capital hold?
Meteora Capital’s reported holdings consist of Vendome Acquisition Corp I Class A common stock. The Schedule 13G identifies this specific class, tied to CUSIP G9580A109, with 1,999,794 shares beneficially owned through Meteora-managed funds and accounts.
Where is Meteora Capital’s principal business office for this VNME holding?
The principal business office for Meteora Capital and Vik Mittal in relation to this holding is 1200 N Federal Hwy, #200, Boca Raton, FL 33432. This address is listed as the main office for both reporting persons in the ownership disclosure.