Meteora Capital, LLC Reports New 5.11% Stake in Jackson Acquisition Co II (JACS)

On May 15, 2026, Meteora Capital, LLC, along with its Managing Member Vik Mittal, filed a Schedule 13G regarding their holdings in Jackson Acquisition Co II (JACS). The filing reveals that as of March 31, 2026, the reporting persons beneficially own 1,219,744 shares of Class A Common Stock, representing a 5.11% ownership stake in the company. This represents a new position for the investment manager, as the previous ownership percentage was reported as 0.0%. The shares are held by various funds and managed accounts for which Meteora Capital serves as the investment manager. According to the filing, the reporting persons share voting and dispositive power over the entire 1,219,744 shares. The acquisition was made in the ordinary course of business and not with the intent to change or influence the control of the issuer. Meteora Capital is a Delaware limited liability company based in Boca Raton, Florida, and the filing was made pursuant to Rule 13d-1(b).