SCHEDULE: Harraden Circle Discloses 7.66% Stake in Republic Digital

Harraden Circle Investments and its affiliates reported a 7.66% beneficial ownership of Republic Digital Acquisition Company's Class A Common Stock as of December 31, 2025.

Summary

• Harraden Circle Investments, LLC and its affiliated entities, including Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, Frederick V. Fortmiller, Jr., and Harraden Circle Concentrated, LP, collectively reported beneficial ownership of 2,299,466 shares of Republic Digital Acquisition Company's Class A Common Stock.
• This aggregate amount represents 7.66% of the Class A Common Stock outstanding.
• The reporting persons share both voting and dispositive power over all 2,299,466 beneficially owned shares.
• Frederick V. Fortmiller, Jr. is the managing member of Harraden Circle LLC and Harraden Circle Investments, LLC, and is deemed to indirectly beneficially own the shares held by the various Harraden Circle funds.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a standard regulatory disclosure of beneficial ownership and does not contain operational or financial news that would inherently sway sentiment positively or negatively.

Positives

• The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, indicating a passive investment stance.

Future Outlook

NA

Management Comments

• The Reporting Persons certified that the securities 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 Rule 14a-11.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing is a routine disclosure for institutional investors holding more than 5% of a company's outstanding shares, particularly in a Special Purpose Acquisition Company (SPAC) like Republic Digital Acquisition Company. It provides transparency regarding significant passive ownership stakes.

Stakeholder Impact

• Shareholders are informed of a significant institutional holder, Harraden Circle Investments and its affiliates, holding 7.66% of the Class A Common Stock, providing transparency regarding the company's ownership structure.

Key Dates

Keywords

Republic Digital Acquisition Company, Harraden Circle Investments, Schedule 13G, beneficial ownership, Class A Common Stock, SPAC, institutional ownership