Orion Bliss (ORIB) Initial Insider Holding: 2M Shares Reported
Rhea-AI Filing Summary
Orion Bliss Corp. (ORIB) Form 3 discloses that director and 10% owner Alexandra Solomovskaya beneficially owns 2,000,000 shares of common stock as of the issuer's Section 12(g) registration on 11/17/2023. The filing notes no derivative securities and states the reporting obligation began with the company's Form 8-A filing on that date. The Form 3 is signed by the reporting person.
Positive
- Initial insider disclosure completed showing compliance with Section 16 reporting requirements
- Clear direct ownership of 2,000,000 common shares by a director and >10% owner
- No derivative securities reported, simplifying ownership structure
Negative
- None.
Insights
TL;DR Disclosure confirms a significant insider stake and no derivatives, establishing baseline insider holdings for ORIB.
This Form 3 documents initial insider ownership for compliance with Section 16. The reporting person is identified as a director and a >10% owner, holding 2,000,000 shares directly. The absence of derivative holdings simplifies short-term ownership analysis and reduces immediate complexity around potential exercises or conversions. For shareholders and compliance teams, this provides a clear snapshot of insider exposure as of the company's 12(g) registration date.
TL;DR Clean initial reporting: director and 10% owner disclosed, no derivatives, satisfies Section 16 initial statement requirements.
The filing meets the basic governance transparency standard by reporting the reporting person's status as director, officer and 10% owner and by specifying direct ownership of 2,000,000 common shares. No amendments or additional ownership forms are indicated. This baseline disclosure assists investors and the company in tracking insider transactions going forward.