Powerlaw Corp. officer Stanley Angela filed an amended Form 3 updating his ownership in the company’s common stock. He now reports 118,278 shares held directly and 99,285 shares held indirectly through LOTTIEQ, LLC, which he controls. The filing notes these amounts reflect a 12-for-1 reverse stock split effective December 23, 2025, adjusting previously reported larger share counts on the original Form 3 filed September 30, 2025.
Powerlaw Corp. is registering the resale of 43,242,931 shares of common stock for identified selling stockholders under a prospectus dated May 20, 2026. The resale is a secondary registration; the company will not receive proceeds from sales by the Selling Stockholders.
The Fund is a recently formed, externally managed, non-diversified closed-end management investment company with an investment objective of long-term capital appreciation via a concentrated portfolio of approximately 15 late-stage technology companies. As of May 13, 2026, the Fund reported a $604.1 million NAV ($13.97 per share), a portfolio cost basis of $316.1 million, and $50.0 million in undrawn credit capacity. The prospectus describes investment structures (direct equity, SPVs, forward contracts), fees including a 2.50% management fee, estimated total annual expenses of 3.63%, and material risks associated with concentration, illiquidity, and SPV structures.