Perpetuals.com Ltd director Matthew Nicoletti has filed an initial Form 3 reporting prospective indirect equity interests in the company held through One9, LLC. The filing shows 138,590 Ordinary Shares and 2,411,410 Series P Preferred Shares to be held indirectly, all tied to a share exchange agreement dated December 28, 2025.
Footnotes explain that, as of this filing, none of these Ordinary Shares or Series P Preferred Shares has been issued because their issuance is still subject to required approvals under Japanese foreign exchange regulations. Nicoletti disclaims beneficial ownership of 50% of the reported Ordinary and Series P Preferred Shares. The Series P Preferred Shares currently have no voting rights and are not convertible into Ordinary Shares, but are expected to become convertible on a one-for-one basis and obtain defined voting rights once the requisite shareholder approvals are received.
Perpetuals.com Ltd director files initial ownership report. Sawyer Jason David, a director of Perpetuals.com Ltd (ticker PDC), has filed a Form 3, which is an initial statement of beneficial ownership of securities. This filing lists his status as a director but does not report any specific share transactions or holdings in the provided data.
Perpetuals.com Ltd reported that two senior executives have resigned. Chief Operating Officer Naoki Yokota and Chief Design Officer Tsubasa Nakamura stepped down from their roles effective at the end of February 2026 (Japan time). The company states these departures were for personal reasons and confirms they did not arise from any disagreement over operations, policies, or practices. The report is signed by Co-Chief Executive Officer and Interim Chief Financial Officer Satoshi Kobayashi, acting as principal executive officer.