Schedule 13D: 16.9% Stake in Crypto Co Reported by Mark Uram
Rhea-AI Filing Summary
Mark Andrew Uram reported beneficial ownership of 674,000,000 shares of Crypto Co common stock, representing 16.9% of the outstanding class based on 3,980,864,773 shares outstanding as of September 15, 2025. The filing states these shares were acquired between July 12, 2024 and August 29, 2025 and were purchased entirely with the Reporting Person's personal funds and are held in street name through the Depository Trust Company.
The filing does not disclose any agreements with other parties and says Mr. Uram currently has no plans that would trigger major corporate actions, while reserving the right to acquire or dispose of shares or propose transactions in the future.
Positive
- Material stake disclosed: Ownership of 674,000,000 shares representing 16.9% of outstanding common stock.
- Transparency on funding: All shares acquired from personal funds with acquisition dates provided.
- No third-party arrangements: Filing states there are no contracts or understandings with others regarding these securities.
Negative
- Concentration risk: A 16.9% position could create market sensitivity to any purchases or sales by the Reporting Person.
- Potential for future transactions: The Reporting Person reserves the right to buy or sell at any time, which may increase volatility.
- Ambiguous strategic intent: While no present plans are disclosed, the filer retains the right to propose major corporate actions, leaving uncertainty for other investors.
Insights
TL;DR: A concentrated 16.9% stake is material and can move perceptions of control and voting influence at Crypto Co.
Owning 674 million shares and disclosing a 16.9% position is a significant, clearly material holding for a public issuer of this size. The purchase timeline spanning 2024–2025 suggests accumulation over time rather than a single block trade. Funding from personal funds simplifies financing risk assumptions but gives no insight into liquidity strategy. The registrant's statement that it may buy or sell at any time introduces potential stock volatility around any future activity. For investors this holding heightens the importance of monitoring subsequent Schedule 13D filings, proxy items, and any coordination with other large holders.
TL;DR: A near-17% holder creates governance relevance but the filer disclaims current plans to effect corporate change.
The filing explicitly disavows present plans to pursue actions enumerated in Item 4 while reserving rights to propose transactions, including extraordinary corporate actions. That dual posture is common: it notifies the market of material influence without committing to a strategy. Absence of arrangements with other parties and no disclosed voting agreements mean the holder currently stands alone, but the size of the stake gives the filer leverage in any future negotiations or proxy contests. Stakeholders should watch for any amendments or solicitations signaling governance initiatives.