Investor exits Strata Critical Medical warrant position
Velibor Krstic filed Amendment No. 3 to a Schedule 13D regarding Strata Critical Medical, Inc., reporting that 1,577,500 warrants to purchase Class A common stock (SRTAW) expired worthless on May 7, 2026.
Rhea-AI Filing Summary
Velibor Krstic filed Amendment No. 3 to a Schedule 13D regarding Strata Critical Medical, Inc., reporting that 1,577,500 warrants to purchase Class A common stock (SRTAW) expired worthless on May 7, 2026.
Following this expiration, Krstic now beneficially owns 0 warrants, representing 0.0% of the warrant class, and therefore ceased to be a beneficial owner of more than five percent of these securities. The warrants had originally been purchased with personal funds, and no cash or other consideration was involved in their expiration.
Positive
- None.
Negative
- None.
Key Figures
Warrants expired: 1,577,500 warrants
Current warrants owned: 0 warrants
Ownership percentage: 0.0%
+2 more
5 metrics
Warrants expired
1,577,500 warrants
SRTAW expired worthless on May 7, 2026
Current warrants owned
0 warrants
Beneficial ownership after expiration
Ownership percentage
0.0%
Percent of warrant class after expiration
Amendment number
Amendment No. 3
Schedule 13D/A filing
Expiration date
May 7, 2026
Natural expiration of warrants under warrant agreement
Key Terms
Warrants, Schedule 13D, beneficial owner, Warrant Agreement, +1 more
5 terms
Warrants financial
"The Warrants previously held by the Reporting Person expired worthless on May 7, 2026."
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Schedule 13D regulatory
"This Amendment No. 3 is being filed to report that the 1,577,500 Warrants previously held by the Reporting Person (SRTAW) expired worthless"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial owner financial
"As a result of this expiration, the Reporting Person ceased to be the beneficial owner of more than five percent of the class of securities."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Warrant Agreement financial
"expired worthless on May 7, 2026, in accordance with the terms of the Warrant Agreement dated September 12, 2019."
A warrant agreement is the legal document that lays out the rules for stock warrants — special certificates that let their holder buy company shares at a set price within a certain time. It explains how and when warrants can be exercised, transferred, changed, or canceled, and what happens to them if the company raises money or is sold; investors care because these terms affect potential future ownership, dilution of shares, and the real value of the warrants.
dispositive power financial
"The Reporting Person has sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 0 Warrants."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Strata Critical Medical warrants did Velibor Krstic hold before expiration?
He held 1,577,500 warrants designated SRTAW. These were warrants to purchase Strata Critical Medical Class A common stock and were originally acquired using personal funds. All of these warrants expired worthless on May 7, 2026 under the applicable warrant agreement.
What is Velibor Krstic’s current ownership in Strata Critical Medical warrants?
After the expiration, Krstic beneficially owns 0 warrants, representing 0.0% of the class. The filing states he has sole voting and dispositive power over 0 warrants, confirming he no longer holds any of these securities.
Why did Velibor Krstic file Amendment No. 3 to Schedule 13D?
He filed Amendment No. 3 to report that his 1,577,500 warrants expired worthless on May 7, 2026. As a result, he ceased to be the beneficial owner of more than five percent of the warrant class, making this a final amendment for these securities.
Was any cash exchanged when Krstic’s Strata Critical Medical warrants expired?
No cash changed hands at expiration. The filing states the warrants “expired worthless” and that no funds or other consideration were used or received in connection with their expiration, even though they were originally purchased with personal funds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
