Axe Compute (NASDAQ: AGPU) president discloses 244,389 shares via LLC
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Axe Compute Inc. President Okamoto Kyle Robert reported his initial beneficial ownership of company stock. The filing shows 244,389 shares of common stock held indirectly through Okalina Ventures LLC.
Okamoto is the managing member of Okalina Ventures LLC and may be deemed to have an indirect pecuniary interest in these shares, while disclaiming beneficial ownership beyond that interest. The reported securities were issued upon conversion under a securities purchase agreement between Axe Compute Inc. and Okalina Ventures LLC dated September 29, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Okamoto Kyle Robert
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 244,389 shares (Indirect, Through Okalina Ventures LLC)
Footnotes (1)
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Key Figures
Indirectly held common shares: 244,389 shares
1 metrics
Indirectly held common shares
244,389 shares
Indirect holdings through Okalina Ventures LLC as reported on Form 3
Key Terms
pecuniary interest, beneficial ownership, securities purchase agreement, conversion
4 terms
pecuniary interest financial
"may be deemed to have an indirect pecuniary interest in the reported securities"
beneficial ownership financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
securities purchase agreement financial
"issued upon conversion pursuant to that certain securities purchase agreement between the Company and Okalina Ventures LLC"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
conversion financial
"The reported securities were issued upon conversion pursuant to that certain securities purchase agreement"
Conversion is the exchange of one type of financial instrument for another, most commonly turning convertible bonds or preferred shares into common stock. It matters to investors because conversion changes the number of outstanding shares and ownership stakes—like trading a coupon for a slice of a company—potentially reducing each existing owner's portion, affecting per-share earnings, voting power and the market value of the stock.
FAQ
What does the AGPU Form 3 filed by Okamoto Kyle Robert show?
The Form 3 shows President Okamoto Kyle Robert’s initial beneficial ownership in Axe Compute Inc., reporting 244,389 shares of common stock held indirectly through Okalina Ventures LLC, reflecting his stake as managing member with an indirect pecuniary interest in these securities.
Does the AGPU Form 3 indicate recent buying or selling by Okamoto Kyle Robert?
The Form 3 functions as an initial ownership report and does not show open-market buying or selling activity. It primarily discloses an existing indirect position of 244,389 shares held through Okalina Ventures LLC, rather than new purchases or sales of Axe Compute stock.