Karatage logs SUI Group (MCVT) director stake and warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Karatage Opportunities filed an initial insider report as a director by deputization of SUI Group Holdings Ltd. It shows direct beneficial ownership of 4,612,547 shares of common stock.
Karatage also holds four warrant tranches to purchase additional common stock, expiring on July 31, 2030, for 1,245,387 shares at $5.42, 1,245,387 at $5.962, 415,130 at $6.504, and 207,565 at $7.046 per share. These warrants vest in 25% increments on January 31, 2026, July 31, 2026, January 31, 2027, and July 31, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Karatage Opportunities
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrant to Purchase Common Stock | -- | -- | -- |
| holding | Warrant to Purchase Common Stock | -- | -- | -- |
| holding | Warrant to Purchase Common Stock | -- | -- | -- |
| holding | Warrant to Purchase Common Stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Warrant to Purchase Common Stock — 1,245,387 shares (Direct);
Common stock — 4,612,547 shares (Direct)
Footnotes (1)
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FAQ
What does Karatage Opportunities report owning in SUI Group Holdings Ltd. (MCVT)?
Karatage Opportunities reports direct beneficial ownership of 4,612,547 shares of common stock in SUI Group Holdings Ltd. It also reports several warrant positions that, if exercised, allow it to acquire additional common shares at preset prices before specific future dates.
What warrant positions does Karatage Opportunities hold in SUI Group Holdings Ltd. (MCVT)?
Karatage holds four warrant tranches expiring on July 31, 2030, covering 1,245,387 shares at $5.42, 1,245,387 at $5.962, 415,130 at $6.504, and 207,565 at $7.046 per share, all reported as directly owned.
How and when do the SUI Group (MCVT) warrants held by Karatage Opportunities vest?
The filing states that each warrant tranche vests in four 25% installments. The exercisable dates are January 31, 2026, July 31, 2026, January 31, 2027, and July 31, 2027, gradually making larger portions of the total warrant holdings exercisable over time.
What is Karatage Opportunities’ relationship to SUI Group Holdings Ltd. (MCVT)?
Karatage Opportunities is treated as a director by deputization of SUI Group Holdings Ltd. The filing explains that this status arises from its representation on the issuer’s Board of Directors, which triggers Section 16 reporting obligations for its share and warrant holdings.
Does the Form 3 for SUI Group (MCVT) show any insider buying or selling activity?
The Form 3 is an initial ownership report and lists holdings in common stock and warrants. It does not identify specific purchase or sale transactions; instead, it establishes Karatage Opportunities’ starting ownership position and the terms and vesting schedule of its warrant positions.
Who is mentioned alongside Karatage Opportunities in the SUI Group (MCVT) filing?
The filing notes that Marius Barnett is a director of Karatage Services Limited UK, investment advisor to Karatage Opportunities, and also serves on Sui Group Holdings Ltd’s Board of Directors, providing context for Karatage’s director-by-deputization status under Section 16 rules.