Welara Capital reports stake in Standard Nuclear
Standard Nuclear, Inc. has a significant shareholder, Welara Capital Partners LLC Series 3, reporting sizeable preferred stock holdings that are convertible into Class A Common Stock.
Rhea-AI Filing Summary
Standard Nuclear, Inc. has a significant shareholder, Welara Capital Partners LLC Series 3, reporting sizeable preferred stock holdings that are convertible into Class A Common Stock. The holder reports 15,000,000.0000 underlying shares via Series Seed-1 Preferred Stock, 3,515,018.0000 via Series A Preferred Stock, and 1,728,076.0000 via Series A-2 Preferred Stock.
Each preferred series may be converted into Class A Common Stock at the holder’s option at any time and will automatically convert at a 1-for-1 ratio in connection with completion of an initial public offering of Class A Common Stock. These preferred securities have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Welara Capital Partners LLC Series 3
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series Seed-1 Preferred Stock F1 | -- | -- | -- |
| holding | Series A Preferred Stock F2 | -- | -- | -- |
| holding | Series A-2 Preferred Stock F3 | -- | -- | -- |
Holdings After Transaction:
Series Seed-1 Preferred Stock — 15,000,000 contracts (Direct);
Series A Preferred Stock — 3,515,018 contracts (Direct);
Series A-2 Preferred Stock — 1,728,076 contracts (Direct)
Footnotes (3)
- F1. Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation, each share of Series Seed-1 Preferred Stock ("Series Seed-1 Preferred Stock") may be converted, at the option of the holder, at any time. In connection with the completion of the Issuer's initial public offering (the "IPO") of its Class A Common Stock, each share of Series Seed-1 Preferred Stock shall automatically convert into shares of Class A Common Stock at a ratio of 1-for-1. The securities have no expiration date.
- F2. Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation, each share of Series A Preferred Stock ("Series A Preferred Stock") may be converted, at the option of the holder, at any time. In connection with the completion of the IPO of its Class A Common Stock, each share of Series A Preferred Stock shall automatically convert into shares of Class A Common Stock at a ratio of 1-for-1. The securities have no expiration date.
- F3. Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation, each share of Series A-2 Preferred Stock ("Series A-2 Preferred Stock") may be converted, at the option of the holder, at any time. In connection with the completion of the IPO of its Class A Common Stock, each share of Series A-2 Preferred Stock shall automatically convert into shares of Class A Common Stock at a ratio of 1-for-1. The securities have no expiration date.
Key Figures
Series Seed-1 underlying shares: 15000000.0000 shares
Series A underlying shares: 3515018.0000 shares
Series A-2 underlying shares: 1728076.0000 shares
+1 more
4 metrics
Series Seed-1 underlying shares
15000000.0000 shares
Class A Common Stock underlying Series Seed-1 Preferred Stock held directly by Welara Capital
Series A underlying shares
3515018.0000 shares
Class A Common Stock underlying Series A Preferred Stock held directly by Welara Capital
Series A-2 underlying shares
1728076.0000 shares
Class A Common Stock underlying Series A-2 Preferred Stock held directly by Welara Capital
Conversion ratio
1-for-1
Automatic conversion of each preferred share into one Class A Common share in connection with the IPO
Key Terms
Series Seed-1 Preferred Stock, Fifth Amended and Restated Certificate of Incorporation, initial public offering, Class A Common Stock
4 terms
Series Seed-1 Preferred Stock financial
"each share of Series Seed-1 Preferred Stock may be converted"
Fifth Amended and Restated Certificate of Incorporation regulatory
"Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation"
initial public offering financial
"In connection with the completion of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
Class A Common Stock financial
"shall automatically convert into shares of Class A Common Stock at a ratio of 1-for-1"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership does Welara Capital report in Standard Nuclear, Inc. (STDN)?
Welara Capital Partners LLC Series 3 reports holdings of Series Seed-1, Series A, and Series A-2 Preferred Stock in Standard Nuclear, Inc., representing 15,000,000.0000, 3,515,018.0000, and 1,728,076.0000 underlying Class A Common shares, respectively, all on a directly owned basis.
What are the conversion terms of Standard Nuclear (STDN) preferred stock held by Welara Capital?
Each share of Series Seed-1, Series A, and Series A-2 Preferred Stock may be converted into STDN Class A Common Stock at any time at the holder’s option. In connection with completion of the IPO, each preferred share automatically converts at a 1-for-1 ratio into Class A Common Stock.
Do the preferred securities reported in the STDN Form 3 have an expiration date?
The reported Series Seed-1, Series A, and Series A-2 Preferred Stock of STDN have no expiration date. They remain outstanding until converted, and each series will automatically convert into Class A Common Stock at a 1-for-1 ratio upon completion of the company’s initial public offering.
Does the Standard Nuclear (STDN) Form 3 show any insider buying or selling activity?
The Form 3 for STDN from Welara Capital lists holdings only, with no reported purchase or sale transactions. It establishes initial beneficial ownership in multiple preferred stock series that are convertible into Class A Common Stock, rather than disclosing new trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
