SCHEDULE 13G/A: Key Investors Divest Entire Stake in Arogo Capital Acquisition Corp., Schedule 13G Amendment Reveals

An amended Schedule 13G filing shows that Kerry Propper and Antonio Ruiz-Gimenez, through their associated investment entities, have reduced their beneficial ownership in Arogo Capital Acquisition Corp. to 0.0%.

Summary

• This document is an Amendment No. 1 to a Schedule 13G filing for Arogo Capital Acquisition Corp.
• The reporting persons are Kerry Propper (U.S. citizen) and Antonio Ruiz-Gimenez (Spanish citizen).
• Both individuals now report 0.0% beneficial ownership of Arogo Capital Acquisition Corp.'s Class A Common Stock.
• This 0.0% ownership applies to both sole and shared voting power, as well as sole and shared dispositive power.
• Previously, shares were held by private funds managed by ATW SPAC Management LLC and SZOP Multistrat Management LLC, where Propper and Ruiz-Gimenez are managing members.
• The filing certifies that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual compliance filing reporting a change in beneficial ownership, not a performance or operational update.

Future Outlook

NA

Industry Context

This filing is a standard regulatory disclosure indicating a change in significant beneficial ownership. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides updated information on significant beneficial ownership, indicating a complete divestment by previously reported holders.

Key Dates

Keywords

Arogo Capital Acquisition Corp., Schedule 13G, Beneficial Ownership, Class A Common Stock, Kerry Propper, Antonio Ruiz-Gimenez, SEC Filing, Investment Advisers, ATW SPAC Management LLC, SZOP Multistrat Management LLC