SCHEDULE: Centiva Capital Reports Stake in ProCap Acquisition Corp

Centiva Capital, LP and Centiva Capital GP, LLC have updated their beneficial ownership filing for ProCap Acquisition Corp, now holding 1.50% of the Class A ordinary shares.

Summary

• Centiva Capital, LP and Centiva Capital GP, LLC have filed an amendment to their Schedule 13G, reporting their beneficial ownership of ProCap Acquisition Corp's Class A ordinary shares.
• The filing indicates that as of June 30, 2026, the reporting persons collectively beneficially own 382,184 shares.
• This ownership represents 1.50% of the total Class A ordinary shares outstanding, based on the issuer's Quarterly Report on Form 10-Q filed on August 10, 2026, which stated 25,430,000 shares outstanding.
• Both Centiva Capital, LP (the Investment Manager) and Centiva Capital GP, LLC (the general partner) are organized in Delaware.
• The filing asserts that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership percentage without significant new financial or strategic information.

Positives

• The reporting persons hold a significant minority stake (1.50%) in ProCap Acquisition Corp, indicating investor interest.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment approach rather than a hostile takeover attempt.

Negatives

• The filing does not provide any new financial performance data or strategic updates for ProCap Acquisition Corp, limiting insight into the company's operational health.
• The ownership percentage is relatively small, suggesting limited direct influence on corporate decisions.

Risks

• The filing does not explicitly mention any new risks or challenges faced by ProCap Acquisition Corp.
• Potential risks for investors could include the general risks associated with special purpose acquisition companies (SPACs), such as the uncertainty of completing a business combination within the required timeframe.

Future Outlook

The filing does not contain any forward-looking statements or specific guidance regarding ProCap Acquisition Corp's future operations or business combination plans. The future outlook is contingent on the company's ability to identify and complete a suitable acquisition.

Management Comments

• "The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Class A ordinary shares reported herein."
• "By signing below I certify that, to the best of my knowledge and belief, 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

StockSavvy.ai notes that this filing is typical for institutional investors in Special Purpose Acquisition Companies (SPACs). Schedule 13G filings are used by passive investors who acquire more than 5% of a company's stock. The 1.50% stake reported here suggests Centiva Capital is a significant but not controlling investor, and the nature of the filing indicates a passive investment strategy at this time.

Comparison to Industry Standards

• As a Schedule 13G filing, this is a standard disclosure for institutional investors holding passive stakes in publicly traded companies. The 1.50% ownership is a common threshold for such filings.
• Compared to typical activist investor stakes which can exceed 10-20%, this 1.50% stake is considered a passive investment.
• The filing does not provide performance metrics that can be directly compared to industry benchmarks for ProCap Acquisition Corp itself, as it is a SPAC focused on future acquisitions.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding the ownership structure, confirming a significant institutional investor's passive stake. It does not immediately impact share price without further company developments.
• Management: The filing confirms that Centiva Capital is not seeking to influence control, which may provide management with a degree of operational stability.
• Creditors: No direct impact is indicated, as the filing pertains to equity ownership.

Next Steps

• ProCap Acquisition Corp will continue its search for a suitable business combination target.
• Centiva Capital, LP and Centiva Capital GP, LLC will continue to monitor their investment and may adjust their holdings based on market conditions and the company's progress.

Key Dates

Keywords

ProCap Acquisition Corp, Centiva Capital, Schedule 13G, Beneficial Ownership, Class A ordinary shares, Investment Manager, SPAC