Harraden Circle Investments Reports 0% Stake in Monterey Capital

TL;DR

**Harraden Circle Investments holds zero shares of Monterey Capital Acquisition Corp.**

AI Summary

Harraden Circle Investments, LLC, a Delaware-based entity, reported on January 31, 2024, that it beneficially owns 0 shares of Monterey Capital Acquisition Corp. This SC 13G filing, dated for the event on December 31, 2023, indicates that Harraden Circle Investments, LLC holds no voting power or shared voting power over Monterey Capital Acquisition Corp's stock. This matters to investors because it clarifies that Harraden Circle Investments, LLC is not a significant shareholder and has no influence on the company's decisions, which could be a factor in assessing potential activist investor interest or major ownership changes.

Why It Matters

This filing confirms that Harraden Circle Investments, LLC does not hold any shares in Monterey Capital Acquisition Corp, meaning they have no direct influence on the company's future.

Risk Assessment

Risk Level: low — The filing indicates no beneficial ownership, thus posing no direct risk or opportunity from this specific entity's stake.

Analyst Insight

An investor should note that this filing confirms no significant ownership or influence from Harraden Circle Investments, LLC, meaning this entity is not a factor in assessing potential activist pressure or major shareholder actions for Monterey Capital Acquisition Corp.

Key Numbers

• 0 — Shares Beneficially Owned (Harraden Circle Investments, LLC holds no shares of Monterey Capital Acquisition Corp.)
• 0 — Sole Voting Power (Harraden Circle Investments, LLC has no sole voting power.)
• 0 — Shared Voting Power (Harraden Circle Investments, LLC has no shared voting power.)
• December 31, 2023 — Date of Event (The date which required the filing of this statement.)
• January 31, 2024 — Filed As Of Date (The date the SC 13G was filed.)

Key Players & Entities

• Harraden Circle Investments, LLC (company) — the reporting person
• Monterey Capital Acquisition Corp. (company) — the subject company
• FREDERICK V. FORTMILLER, JR. (person) — group member
• HARRADEN CIRCLE INVESTORS GP, LLC (company) — group member
• HARRADEN CIRCLE INVESTORS GP, LP (company) — group member
• HARRADEN CIRCLE INVESTORS, LP (company) — group member
• Delaware (company) — place of organization for Harraden Circle Investments, LLC

Forward-Looking Statements

• Harraden Circle Investments, LLC will not exert any influence over Monterey Capital Acquisition Corp. in the near future. (Harraden Circle Investments, LLC) — high confidence, target: 2024-12-31
• Monterey Capital Acquisition Corp. will not see any immediate stock price movement directly attributable to this specific filing. (Monterey Capital Acquisition Corp.) — high confidence, target: 2024-02-29

FAQ

Key Financial Figures

• $0.0001 — ities Class A Common Stock, par value $0.0001 per share (Shares) Item 2(e). CUSIP

Filing Documents

• d701663dsc13g.htm (SC 13G) — 95KB
• d701663dex991.htm (EX-99.1) — 6KB
• 0001193125-24-020123.txt ( ) — 102KB

(a)

Item 1(a). Name of Issuer Monterey Capital Acquisition Corp. (the issuer)

(b)

Item 1(b). Address of Issuers Principal Executive Offices 419 Webster Street, Monterey, CA 93940

(a)

Item 2(a). Names of Persons Filing This Statement is filed on behalf of the following persons (collectively, the Reporting Persons): i) Harraden Circle Investors, LP (Harraden Fund); ii) Harraden Circle Investors GP, LP (Harraden GP); iii) Harraden Circle Investors GP, LLC (Harraden LLC); iv) Harraden Circle Investments, LLC (Harraden Adviser); and v) Frederick V. Fortmiller, Jr. (Mr. Fortmiller); This Statement relates to Shares (as defined herein) directly beneficially owned by Harraden Fund. Harraden GP is the general partner to Harraden Fund, and Harraden LLC is the general partner of Harraden GP. Harraden Adviser serves as investment manager to Harraden Fund and other high net worth individuals. Mr. Fortmiller is the managing member of each of Harraden LLC and Harraden Adviser. In such capacities, each of Harraden GP, Harraden LLC, Harraden Adviser and Mr. Fortmiller may be deemed to indirectly beneficially own the Shares reported herein directly beneficially owned by Harraden Fund.

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence The address of the principal business office of each Reporting Person is 299 Park Avenue, 21st Floor, New York, NY 10171.

(c)

Item 2(c). Citizenship Each of Harraden Fund and Harraden GP is a Delaware limited partnership. Each of Harraden LLC and Harraden Adviser is a Delaware limited liability company. Mr. Fortmiller is a citizen of the United States of America.

(d)

Item 2(d). Title of Class of Securities Class A Common Stock, par value $0.0001 per share (Shares)

(e)

Item 2(e). CUSIP No. 61244M109

If this statement is filed pursuant to 240.13d-1(b) or

Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: This Item 3 is not applicable. CUSIP No. 61244M109 Page 8 of 10 Pages Item 4.

(a)

Item 4(a) Amount Beneficially Owned As of Decemberr 31, 2023, each of the Reporting Persons may be deemed the beneficial owner of 378,133 Shares underlying Units held directly by Harraden Fund and Harraden Adviser.

(b)

Item 4(b) Percent of Class Fund and Harraden Adviser. As of December 31, 2023, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.13% of Shares outstanding. This percentage is based on a total of 7,376,125 Shares outstanding, based on information in the Form S4 filed by the Company on December 21, 2023.

(c)

Item 4(c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 378,133 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 378,133 Item 5. This Item 5 is not applicable. Item 6. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person See disclosure in Item 2 hereof. Item 8. Identification and Classification of Members of the Group This Item 8 is not applicable. Item 9. Notice of Dissolution of Group This Item 9 is not applicable. Item 10. Certification 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 240.14a-11. CUSIP No. 61244M109 Page 9 of 10 Pages SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: January 31, 2024 HARRADEN CIRCLE INVESTORS, LP By: HARRADEN CIRCLE INVESTORS GP, LP, its general partner By: HARRADEN CIRCLE INVESTORS GP, LLC, its general partner By: /s/ Frederick V. Fortmiller, Jr. Title: Managing Member HARRADEN CIRCLE INVESTORS GP, LP By: HARRADEN CIRCLE INVESTORS GP, LLC, its general partner By: /s/ Frederick V. Fortmiller, Jr. Title: Managing Memb

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View this SC 13G filing on SEC EDGAR