Form 4: Marblegate Capital Corp CFO Reports Acquisition of 400 Common Shares

Sentiment:

SEC Form 4 Filing


Jeffrey Kravetz, CFO of Marblegate Capital Corp, reports acquiring 400 shares of common stock on April 7, 2025, following a business combination.

Summary

  • Jeffrey Kravetz, the Chief Financial Officer of Marblegate Capital Corporation, filed a Form 4 with the SEC.
  • The report indicates that Mr. Kravetz acquired 400 shares of common stock on April 7, 2025.
  • These shares were obtained as part of a business combination agreement dated February 14, 2023, involving Marblegate Acquisition Corp and other entities.
  • The shares were converted from Marblegate Acquisition Corp Class A common stock into Marblegate Capital Corporation common stock upon the closing of the business combination.
  • Mr. Kravetz is the record holder of these shares and exercises voting and investment power over them.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders reporting changes in their beneficial ownership of company securities, providing transparency to investors.

Stakeholder Impact

  • The acquisition of shares by the CFO could be viewed positively by shareholders as it demonstrates confidence in the company.

Key Dates

DateDescription
February 14, 2023Date of the Business Combination Agreement.
April 07, 2025Date of the transaction where shares were acquired.
April 08, 2025Date of the report filing.

Keywords

Form 4, beneficial ownership, Jeffrey Kravetz, Marblegate Capital Corp, common stock, acquisition, business combination, CFO

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