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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Stock F1 | 140,667 | -- | -- |
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
Key Terms
Conversion of derivative security financial
Business Combination Agreement financial
pecuniary interest financial
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