RYES insider filing: Abdiel reports 14,791,440 shares and warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rise Gold Corp. (RYES) received an insider ownership filing noting Abdiel‑affiliated funds’ holdings. The reporting persons are marked as Director and 10% Owner.
The funds beneficially own 14,791,440 shares of common stock indirectly, held by Abdiel Investments LP (4,656,007) and Investment Group of Abdiel LP (10,135,433). They also hold warrants to purchase 14,791,440 common shares at $0.45 per share, first exercisable on 10/24/2025 and expiring on 10/24/2028.
The warrants are subject to a 19.99% Beneficial Ownership Blocker. As of this filing, warrants held by Abdiel Investments LP can be exercised for 3,647,267 shares, and those held by Investment Group of Abdiel LP can be exercised for 7,939,555 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Abdiel Capital Advisors, LP, Investment Group of Abdiel LP, Moran Colin T.
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Warrants (right to buy) — 14,791,440 shares (Indirect, By Funds);
Common Stock — 14,791,440 shares (Indirect, By Funds)
Footnotes (1)
- Represents 4,656,007 shares held by Abdiel Investments LP and 10,135,433 shares held by Investment Group of Abdiel LP. The securities reported herein are held by Abdiel Investments LP and Investment Group of Abdiel LP (together, the "Funds"). Abdiel Capital Advisors, LP is the investment manager of the Funds. Abdiel Investments GP LLC is the general partner of Abdiel Investments LP. Investment Group of Abdiel GP LLC is the general partner of Investment Group of Abdiel LP. Colin T. Moran is the managing member of Abdiel Investments GP LLC, Investment Group of Abdiel GP LLC and Abdiel Capital Management, LLC, which is the general partner of Abdiel Capital Advisors, LP. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to beneficially own the securities held by the Funds. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein. The warrants to purchase Comon Stock held by the Funds (the "Warrants") are subject to a beneficial ownership limitation such that the Warrants are exercisable by a holder only to the extent the holder (collectively with certain other parties, the "Attribution Parties") would not beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to such exercise (the "Beneficial Ownership Blocker"). Represents 4,656,007 Warrants held by Abdiel Investments LP and 10,135,433 Warrants held by Investment Group of Abdiel LP. In accordance with the Beneficial Ownership Blocker, as of the date of this filing the Warrants held by Abdiel Investments LP can only be exercised for 3,647,267 shares of Common Stock and the Warrants held by Investment Group of Abdiel LP can only be exercised for 7,939,555 shares of Common Stock.
FAQ
What derivative securities are reported in this RYES Form 3?
Warrants to purchase 14,791,440 common shares at an exercise price of $0.45 per share.
When are the RYES warrants exercisable and when do they expire?
The warrants are first exercisable on 10/24/2025 and expire on 10/24/2028.
What is the beneficial ownership limitation on the RYES warrants?
A 19.99% Beneficial Ownership Blocker limits exercises so holders do not exceed 19.99% ownership immediately after exercise.
What is the relationship of the reporting persons to Rise Gold (RYES)?
They are indicated as a Director and a 10% Owner.