SCHEDULE 13G/A: Meteora Capital Discloses 3.49% Stake in Pyrophyte Acquisition Corp.

Meteora Capital, LLC and its Managing Member Vik Mittal have filed an amended Schedule 13G, disclosing a beneficial ownership of 3.49% in Pyrophyte Acquisition Corp.'s Class A Ordinary Shares as of December 31, 2024.

Summary

• Meteora Capital, LLC and Vik Mittal, its Managing Member, are the reporting persons for this Schedule 13G/A filing.
• The filing discloses beneficial ownership of 395,144 Class A Ordinary Shares of Pyrophyte Acquisition Corp.
• This ownership represents 3.49% of the Class A Ordinary Shares outstanding.
• Meteora Capital, LLC, a Delaware limited liability company, serves as the investment manager for the Meteora Funds, which hold these shares.
• Vik Mittal, a United States citizen, is the Managing Member of Meteora Capital.
• Both reporting persons share voting and dispositive power over all 395,144 shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership disclosure, providing factual information about an institutional stake without indicating positive or negative operational or financial performance, or strategic shifts.

Key Dates

Keywords

Pyrophyte Acquisition Corp., Meteora Capital, Vik Mittal, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, SEC Filing, Institutional Investor, Investment Management