SCHEDULE 13G: Harraden Circle Entities Disclose Over 5% Stake in Republic Digital Acquisition Company
Beneficial Ownership Disclosure
Harraden Circle Investments, LLC and affiliated entities, along with Frederick V. Fortmiller, Jr., have disclosed a collective beneficial ownership of 5.33% in Republic Digital Acquisition Company's Class A Common Stock.
Summary
- Harraden Circle Investments, LLC, along with its affiliated entities Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Frederick V. Fortmiller, Jr., have filed a Schedule 13G.
- The filing indicates that these reporting persons collectively beneficially own 1,600,000 shares of Republic Digital Acquisition Company's Class A Common Stock.
- This aggregate ownership represents 5.33% of the Class A Common Stock outstanding.
- Frederick V. Fortmiller, Jr. is the managing member of Harraden Circle LLC and Harraden Adviser, and is deemed to indirectly beneficially own the shares held by the funds.
- The shares were acquired and are held for investment purposes and not with the intent to change or influence control of the issuer.
Sentiment
Score: 5
Explanation: The document is a standard regulatory disclosure of beneficial ownership, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 ยงยง 240.14a-11."
Industry Context
This filing is a standard disclosure of a significant passive ownership stake by an investment group in a publicly traded company, common in the financial industry for transparency.
Stakeholder Impact
- Shareholders: Disclosure of a significant ownership stake by an investment group provides transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of event which required the filing of this statement |
| 05/07/2025 | Date of filing of the Schedule 13G |
Keywords
Republic Digital Acquisition Company, Harraden Circle Investments, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Management, SEC Filing
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