Welcome to our dedicated page for C1 Fund SEC filings (Ticker: CFND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
C1 Fund Inc. filings document corporate reporting for a Maryland closed-end fund issuer focused on private digital asset services and technology companies. Its Form 8-K and 8-K/A disclosures record Audit Committee action on the fund’s independent registered public accounting firm, the engagement of a successor auditor, related Item 4.01 disclosure, and the predecessor auditor letter filed under Regulation S-K Item 304.
C1 Fund Inc. (CFND) director and CEO Najamul Hasan Kidwai reported a Form 4 showing a reduction in beneficial ownership tied to the issuer's sponsor. The filing discloses that on 09/05/2025 31,141 shares of common stock were disposed (transaction code J(1)) at a price of $0, and the reporting person now beneficially owns 207,607 shares indirectly via C1 Group LLC. The filing explains that 100,000 shares held by C1 Group LLC were cancelled because underwriters did not exercise the over-allotment option in the IPO prospectus. The Form 4 was signed by the reporting person on 09/05/2025.
Michael Xu, a director of C1 Fund Inc. (CFND), reported an indirect reduction in his beneficial ownership on 09/05/2025 through the sponsor C1 Group LLC. The filing shows a transaction coded J(1) disposing of 27,637 shares of common stock at a reported price of $0, reflecting a cancellation tied to the issuer's IPO mechanics. Following the transaction, the Reporting Person beneficially owns 184,245 shares indirectly via C1 Group LLC. The explanation states that 100,000 shares previously held by C1 Group LLC were cancelled because the underwriters did not exercise the over‑allotment option described in the IPO prospectus; the reported numbers reflect that cancellation and the resulting indirect holdings.
Michael Lempres, a director of C1 Fund Inc. (CFND), reported a change in beneficial ownership dated 09/05/2025. The Form 4 shows 27,637 shares of common stock were disposed of under code J(1) at a reported price of $0, and after the transaction the reporting person beneficially owns 184,245 shares indirectly through C1 Group LLC. The filing explains 100,000 shares held by C1 Group LLC were cancelled because underwriters did not exercise the over-allotment option in the issuer's IPO prospectus.
David Hytha, Chief Financial Officer of C1 Fund Inc. (CFND), reported changes in his beneficial ownership on Form 4. The filing shows non-derivative transactions dated 09/05/2025 resulting in disposals: 4,672 shares reported as disposed (code J) and an additional 5,004 shares disposed. After the reported transactions, the filing shows the Reporting Person beneficially owns 31,149 shares indirectly through C1 Group LLC. The explanation states that on September 5, 2025, 100,000 shares of common stock held by C1 Group LLC were cancelled because underwriters did not exercise their over-allotment option, and the reported numbers reflect indirect ownership through the sponsor.
C1 Group LLC reported a Form 4 disclosing a change in beneficial ownership of C1 Fund Inc. (CFND). On 09/05/2025 the reporting person shows a J(1) coded transaction cancelling 100,000 shares of common stock at a price of $0 because underwriters did not exercise the over-allotment option described in the issuer's IPO prospectus. After the cancellation, the reporting person beneficially owns 666,666 shares, held directly.
The Form 4 lists the reporting entity as C1 Group LLC with an address in Palo Alto and indicates the filer is a Director and a 10% owner. The filing was signed by David Hytha, Chief Financial Officer, on 09/05/2025.
C1 Advisors LLC filed an initial ownership report as an investment adviser to C1 Fund Inc. (CFND). The filing shows that C1 Advisors LLC beneficially owns 0 shares of Common Stock of the fund, held directly. This Form 3 establishes the adviser’s reporting status under insider ownership rules but does not disclose any purchases, sales, or derivative positions.
C1 Fund Inc.'s Chief Financial Officer, David Hytha, reported purchasing 5,004 shares of the company's common stock at $10.00 per share on 08/08/2025 and now directly owns those 5,004 shares. He also beneficially owns an additional 35,821 shares indirectly through the issuer's sponsor, C1 Group LLC. The filing discloses that up to 100,000 shares held by C1 Group LLC are subject to forfeiture if the underwriters do not exercise their over-allotment option, which would cause Mr. Hytha to forfeit 4,672 shares. After the over-allotment option is exercised or expires, C1 Group LLC will own shares equal to 10% of outstanding common stock.
C1 Fund Inc. received a Schedule 13G showing that Steadfast-related parties beneficially own 400,000 shares of Common Stock, representing 5.91% of the 6,766,666 shares outstanding per the issuer's August 7, 2025 prospectus. The filing lists Steadfast Capital Management LP as investment manager, American Steadfast, L.P. and Steadfast International Master Fund Ltd. each holding 200,000 shares, and Robert S. Pitts, Jr. as a named individual with shared voting and dispositive power over the aggregate position. The reporting persons state the position is not held to change or influence control of the issuer. Signatures and a joint filing agreement are attached.
Sara Wardell-Smith, a director of C1 Fund Inc. (CFND), purchased 30,000 shares of the issuer's common stock on 08/08/2025 at a price of $10.00 per share. Following the reported transaction she beneficially owns 30,000 shares in a direct ownership form. The filing reports the transaction on Form 4 signed by the reporting person.