Mark Uram reports 674M Crypto Co shares (16.4%) in Schedule 13D/A
Rhea-AI Filing Summary
Mark Andrew Uram reported a significant passive stake in Crypto Co. Between July 12, 2024 and August 29, 2025 Mr. Uram acquired 674,000,000 shares of Crypto Co common stock, representing 16.4% of the outstanding class based on the issuer's disclosure of 4,107,864,773 shares outstanding as of September 30, 2025. All shares were purchased from personal funds and are held in street name through the Depository Trust Company. The filing states the Reporting Person has no present plans to effect corporate changes described in Schedule 13D but explicitly reserves the right to acquire or dispose of shares and to propose or participate in future transactions, including potential extraordinary corporate transactions. The issuer's principal executive office is listed in Malibu, California.
Positive
- Material ownership disclosed: 674,000,000 shares representing 16.4% of outstanding common stock
- Purchases funded personally: aggregate purchase price paid entirely from the Reporting Person's personal funds
- Clear custody: all shares held in street name through the Depository Trust Company
Negative
- Potential disposition: the Reporting Person reserves the right to sell all or part of the holdings, which could affect supply
- Uncertain future intent: while no present plans for corporate actions are declared, the filer reserves rights to propose transactions including extraordinary corporate actions
Insights
TL;DR: A 16.4% stake is material and may influence market dynamics; funding from personal funds reduces counterparty risk.
The acquisition of 674 million shares, representing 16.4% of Crypto Co, is a material ownership position that investors and analysts should note because it meaningfully concentrates equity with a single individual. The filing confirms purchases occurred over a multi-month period and were funded entirely from personal funds, indicating direct capital commitment rather than leveraged or third-party financing. Holdings are in street name at DTC, a routine custody arrangement that supports liquidity and transferability. The Reporting Person states no present plans to initiate corporate actions but retains flexibility to buy, sell, or propose transactions, which leaves the future impact ambiguous. Overall, this disclosure is materially relevant for capitalization, potential shareholder dynamics, and float considerations.
TL;DR: Disclosure is standard for a large passive stake; lack of current plans reduces immediate governance uncertainty.
The Schedule 13D/A clearly documents beneficial ownership and legal disclosures required for a large shareholder. The Reporting Person disclaims present intentions to pursue specific control actions enumerated in Schedule 13D but reserves rights to change investment intent, buy additional shares, or propose transactions. That language is customary and provides transparency without committing to governance changes. From a governance perspective, the filing signals a shareholder with potential influence but no announced activism or control strategy at filing time. This leaves the board and other stakeholders aware but not facing an imminent governance contest based on the disclosed content alone.