Meteora Capital, LLC Reports 3.42% Stake in FIGX Capital Acquisition Corp. via Amended Schedule 13G
Meteora Capital, LLC, along with its Managing Member Vik Mittal, has filed an amended Schedule 13G (Amendment No. 1) regarding its holdings in FIGX Capital Acquisition Corp. (FIGX). As of the event date on March 31, 2026, the reporting persons disclosed beneficial ownership of 530,000 shares of Class A Common Stock. This represents a 3.42% ownership stake in the company. The filing indicates that the shares are held by various funds and managed accounts for which Meteora Capital serves as the investment manager. The reporting persons share voting and dispositive power over the entire 530,000 shares. Notably, this filing serves to report a position that now falls below the 5% threshold, as indicated by the 'Yes' response in Item 5 regarding ownership of 5% or less. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The principal business office for Meteora Capital is located in Boca Raton, Florida.