SCHEDULE 13G: Meteora Capital Discloses 7.84% Stake in Republic Digital
Beneficial Ownership Report
Meteora Capital, LLC and Vik Mittal have reported beneficial ownership of 7.84% of Republic Digital Acquisition Co's Class A common stock as of September 30, 2025.
Summary
- Meteora Capital, LLC, a Delaware limited liability company, and its Managing Member, Vik Mittal, reported beneficial ownership of 2,352,663 shares of Republic Digital Acquisition Co's Class A common stock.
- This ownership represents 7.84% of the Class A common stock outstanding.
- The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager (collectively, the "Meteora Funds").
- Meteora Capital and Vik Mittal share both voting and dispositive power over all 2,352,663 beneficially owned shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: Neutral. This is a factual disclosure of beneficial ownership, not an announcement of performance or strategic changes. It simply reports a significant stake by an institutional investor.
Future Outlook
NA
Management Comments
- 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 ยงยง 240.14a-11.
Industry Context
This filing indicates a significant institutional investment in Republic Digital Acquisition Co, a Special Purpose Acquisition Company (SPAC), by an investment adviser, Meteora Capital. Such Schedule 13G filings are routine for active investment funds that cross the 5% ownership threshold, signaling their position in the market without an intent to influence control.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's position in the company's Class A common stock.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date of event which requires the filing of this statement |
| 11/14/2025 | Signature date of the Schedule 13G filing by Meteora Capital, LLC |
Keywords
Meteora Capital, Republic Digital Acquisition Co, Class A common stock, Schedule 13G, Beneficial Ownership, Investment Adviser, Vik Mittal, SEC Filing, G7515A103
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