SCHEDULE 13G: Meteora Capital Discloses 5.15% Stake in AlphaTime Acquisition Corp

Meteora Capital, LLC and its Managing Member, Vik Mittal, have disclosed a beneficial ownership of 5.15% of AlphaTime Acquisition Corp's Class A common stock.

Summary

• Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, have filed a Schedule 13G.
• The filing reports beneficial ownership of 178,600 shares of Class A common stock, par value $0.0001 per share, of AlphaTime Acquisition Corp.
• This ownership represents 5.15% of the issuer's Class A common stock.
• Meteora Capital serves as the investment manager for certain funds and managed accounts (Meteora Funds) holding these shares.
• The Reporting Persons have shared voting power and shared dispositive power over all 178,600 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of beneficial ownership and does not contain performance or strategic updates.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

This filing is a standard disclosure of a significant ownership stake by an investment firm in a publicly traded company, common in the financial industry for transparency regarding large holdings.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company.

Key Dates

Keywords

AlphaTime Acquisition Corp, Meteora Capital, Vik Mittal, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Manager, SEC Filing, Equity Stake