AIB CEO Jerry Tang acquires 140K AIB shares
CEO Jerry Tang reported an indirect acquisition of additional AIB common shares via derivative conversion tied to the prior business combination.
Rhea-AI Filing Summary
AIB Data Centers Inc. (AIB) reported that CEO, President and director Jerry Tang, a more-than-ten-percent owner, indirectly acquired 140,667 shares of common stock on August 31, 2026 through a conversion of a derivative security. After this transaction, indirect holdings reported for entities he controls totaled 26,437,881 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Conversion: 140,667 shares
Conversion
1 txn
Insider
Tang Jerry
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Stock F1 | 140,667 | -- | -- |
Holdings After Transaction:
Common Stock — 26,437,881 shares (Indirect, See footnote)
Footnotes (1)
- F1. Consists of shares held by Tiger Cloud LLC and VCV Digital Solutions LLC. Under the Business Combination Agreement, dated May 27, 2025, among Signing Day Sports, Inc., One Blockchain LLC, BlockchAIn Digital Infrastructure, Inc. (now AIB Data Centers Inc.) (the "Registrant"), BCDI Merger Sub I Inc. and BCDI Merger Sub II LLC, as amended, on August 31, 2026, Tiger Cloud LLC and VCV Digital Solutions LLC received 80,777 and 59,890 shares, respectively, of the Registrant's common stock, as fractional share adjustments. The shares had an aggregate market value of approximately $160,360, based on the last reported sale price on NYSE American on the issuance. Jerry Tang has voting and investment discretion over the shares held by both entities. Mr. Tang disclaims beneficial ownership of the shares except to the extent of his direct or indirect pecuniary interest therein.
Key Figures
Shares acquired: 140,667 shares
Indirect holdings after transaction: 26,437,881 shares
Shares to Tiger Cloud LLC: 80,777 shares
+2 more
5 metrics
Shares acquired
140,667 shares
Indirect acquisition via conversion of a derivative security on August 31, 2026
Indirect holdings after transaction
26,437,881 shares
Total AIB common shares indirectly held by entities associated with Jerry Tang after the reported transaction
Shares to Tiger Cloud LLC
80,777 shares
Common stock of AIB received by Tiger Cloud LLC as a fractional share adjustment on August 31, 2026
Shares to VCV Digital Solutions LLC
59,890 shares
Common stock of AIB received by VCV Digital Solutions LLC as a fractional share adjustment on August 31, 2026
Aggregate market value of issued shares
$160,360
Approximate value of AIB shares issued to Tiger Cloud LLC and VCV Digital Solutions LLC based on the last reported sale price on NYSE American on the issuance date
Key Terms
Conversion of derivative security, fractional share adjustments, Business Combination Agreement, pecuniary interest
4 terms
Conversion of derivative security financial
"reported as a conversion of a derivative security resulting in common stock"
Business Combination Agreement financial
"Under the Business Combination Agreement, dated May 27, 2025, among the parties"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
pecuniary interest financial
"disclaims beneficial ownership of the shares except to the extent of his direct or indirect pecuniary interest"
FAQ
What insider transaction did AIB (AIB) report for Jerry Tang on August 31, 2026?
AIB reported that Jerry Tang indirectly acquired 140,667 shares of common stock on August 31, 2026 through a conversion of a derivative security, increasing the indirect holdings reported for entities he controls.
Was the AIB (AIB) insider transaction by Jerry Tang made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transaction was not reported as being made under a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.