SCHEDULE 13G/A: Meteora Capital and Vik Mittal Disclose 9.85% Stake in Oak Woods Acquisition Corp

Meteora Capital, LLC and its managing member Vik Mittal have disclosed a beneficial ownership of 9.85% in Oak Woods Acquisition Corp's Class A Ordinary Shares as of December 31, 2024.

Summary

• Meteora Capital, LLC, an investment manager, and its managing member, Vik Mittal, have jointly filed an Amendment No. 1 to Schedule 13G.
• The filing discloses their beneficial ownership in Oak Woods Acquisition Corp's Class A Ordinary Shares, par value $0.0001 per share.
• As of December 31, 2024, the reporting persons collectively beneficially own 453,153 shares.
• This ownership represents 9.85% of the Class A Ordinary Shares outstanding.
• Meteora Capital, LLC is a Delaware limited liability company, and Vik Mittal is a United States citizen.
• The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager, with shared voting and dispositive power over all 453,153 shares.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment. It is neutral in tone and content.

Future Outlook

NA

Industry Context

This Schedule 13G filing is a standard regulatory disclosure required when an investor or group acquires beneficial ownership of more than 5% of a class of a company's voting equity securities. For investment firms like Meteora Capital, such filings are routine and indicate a significant, but passive, investment stake in a publicly traded company, in this case, a Special Purpose Acquisition Company (SPAC) like Oak Woods Acquisition Corp.

Stakeholder Impact

• Shareholders: The disclosure of a significant 9.85% stake by an investment firm like Meteora Capital could be viewed positively by other shareholders, signaling institutional confidence in Oak Woods Acquisition Corp. It also provides transparency regarding major ownership positions.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Meteora Capital, Vik Mittal, Oak Woods Acquisition Corp, Class A Ordinary Shares, Investment Manager, SEC Filing, Stake Disclosure