Conexeu director acquires 217K shares via warrants
Rhea-AI Filing Summary
Conexeu Sciences Inc. (CNXU) reported that director and ten percent owner Lynn Sebastian Purcell, through OnePointTwo Capital Ventures LLC, exercised warrants to acquire 217,608 shares of common stock on September 4, 2026 at an exercise price of $2.30 per share. Following the exercise, entities managed by OnePointTwo Capital Management LLC held 2,951,848 shares of common stock and 407,392 warrants, all reported as indirect holdings over which Purcell has voting and investment power but for which he disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Warrant F2, F3 | 217,608 | $0.001 | $217.61 |
| In-the-Money Exercise | Common Stock F1, F2 | 217,608 | $2.30 | $500K |
Footnotes (3)
- F1. The 217,608 shares of common stock acquired in Table I and the 217,608 warrants disposed of in Table II represent the exercise on September 4, 2026 of warrants held by OnePointTwo Capital Ventures LLC to purchase 217,608 shares of common stock at an exercise price of $2.30 per share.
- F2. The 2,951,848 shares of common stock reported in Table I, Column 5 are held by OnePointTwo Capital Ventures LLC and OnePointTwo Capital Ventures II LLC. OnePointTwo Capital Management LLC serves as manager of OnePointTwo Capital Ventures LLC and OnePointTwo Capital Ventures II LLC. As the managing member of OnePointTwo Capital Management LLC, Lynn Sebastian Purcell has voting and investment power over the securities held by each such entity and may therefore be deemed to beneficially own such securities. Lynn Sebastian Purcell disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
- F3. The 407,392 warrants reported in Table II, Column 9 are held by OnePointTwo Capital Ventures LLC. OnePointTwo Capital Management LLC serves as manager of OnePointTwo Capital Ventures LLC and OnePointTwo Capital Ventures II LLC. As the managing member of OnePointTwo Capital Management LLC, Lynn Sebastian Purcell has voting and investment power over the securities held by each such entity and may therefore be deemed to beneficially own such securities. Lynn Sebastian Purcell disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
Key Figures
Key Terms
in-the-money derivative exercise financial
beneficially own financial
pecuniary interest financial
indirect financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in CNXU did Lynn Sebastian Purcell report?
How many CNXU warrants remain held by the affiliated entity after the exercise?
At what price were the CNXU warrants exercised and what was the warrant price field?
Are Lynn Sebastian Purcell’s CNXU holdings direct or indirect?
Was the CNXU warrant exercise made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.