Venture fund tied to Ambiq Micro (AMBQ) director exercises 238,931-share warrant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ambiq Micro director-related entity exercises warrants for common shares. Matter Venture Partners Fund I, L.P., for which HSIEH Wen Hsuan exercises sole voting and dispositive control, exercised a warrant for 238,931 shares of Ambiq Micro common stock through a derivative conversion at an exercise price of $12.60 per share. After the transaction, the fund held 633,920 shares of Ambiq Micro common stock indirectly attributable to HSIEH Wen Hsuan.
Positive
- None.
Negative
- None.
Insider Trade Summary
238,931 shares exercised/converted
Mixed
2 txns
Insider
HSIEH Wen Hsuan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Warrant (Right to Buy) | 238,931 | $0.00 | -- |
| Exercise | Common Stock | 238,931 | $12.60 | $3.01M |
Holdings After Transaction:
Warrant (Right to Buy) — 0 shares (Indirect, By: Matter Venture Partners Fund I, L.P.);
Common Stock — 633,920 shares (Indirect, By: Matter Venture Partners Fund I, L.P.)
Footnotes (1)
- The Reporting Person exercises sole voting and dispositive control over the shares held by Matter Venture Partners Fund I, L.P. The warrant is exercisable in whole or in part, on the earlier of (i) June 1, 2028, (ii) immediately prior to the completion of the Issuer's initial public offering or (iii) immediately prior to the consummation of an acquisition or asset transfer of the Issuer, until the warrant's expiration on June 1, 2034.
FAQ
What insider transaction did HSIEH Wen Hsuan report at Ambiq Micro (AMBQ)?
HSIEH Wen Hsuan reported that Matter Venture Partners Fund I, L.P. exercised a warrant to acquire 238,931 Ambiq Micro common shares. The exercise converted a derivative security into common stock at $12.60 per share, increasing the fund’s indirect holdings to 633,920 shares.
What does transaction code M mean in this Ambiq Micro (AMBQ) Form 4?
Transaction code M indicates an exercise or conversion of a derivative security. In this case, a warrant was exercised to obtain 238,931 Ambiq Micro common shares, moving value from a derivative position into direct common stock held by the venture fund.