Standard Nuclear converts preferred into common stock
Standard Nuclear, Inc. reported IPO-related equity conversions by affiliate funds.
Rhea-AI Filing Summary
Standard Nuclear, Inc. reported IPO-related equity conversions by affiliate funds. On 2026-07-17, Fundomo-related vehicles converted 3849782 shares of Series A Preferred Stock, 2027576 shares of Series A-2 Preferred Stock and 14000000 shares of Series Seed-1 Preferred Stock into equal numbers of Class A Common Stock on a 1-for-1 basis immediately before the initial public offering. Voting and dispositive power is shared or delegated among Fundomo SN-001, Fundomo SN-002, related general partners and Corey L. Nobile, who all disclaim beneficial ownership except for their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,877,358 shares exercised/converted
Exercise
6 txns
Insider
Fundomo SN-001, LP, Fundomo SN-002, LP, Fundomo SN-001 GP, LLC, Fundomo SN-002 GP, LLC, Nobile Corey L.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Preferred Stock F1, F2, F3, F4 | 3,849,782 | $0.00 | $0.00 |
| Conversion | Series A-2 Preferred Stock F1, F2, F3, F4 | 2,027,576 | $0.00 | $0.00 |
| Conversion | Series Seed-1 Preferred Stock F1, F2, F3, F4 | 14,000,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3, F4 | 3,849,782 | -- | -- |
| Conversion | Class A Common Stock F1, F2, F3, F4 | 2,027,576 | -- | -- |
| Conversion | Class A Common Stock F1, F2, F3, F4 | 14,000,000 | -- | -- |
Holdings After Transaction:
Series A Preferred Stock — 0 contracts (Direct);
Series A-2 Preferred Stock — 0 contracts (Indirect, By Fundomo SN-002, LP);
Series Seed-1 Preferred Stock — 0 contracts (Indirect, By ST-1014 Fund I, a series of Fundomo Syndicates, LP);
Class A Common Stock — 3,849,782 shares (Direct);
Class A Common Stock — 2,027,576 shares (Indirect, By Fundomo SN-002, LP);
Class A Common Stock — 14,000,000 shares (Indirect, By ST-1014 Fund I, a series of Fundomo Syndicates, LP)
Footnotes (4)
- F1. The Series Seed-1 Preferred Stock, Series A Preferred Stock, and Series A-2 Preferred Stock automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.
- F2. Fundomo SN-001 GP, LLC ("SN-001 GP") is the sole general partner of Fundomo SN-001, LP ("SN-001"). Fundomo SN-002 GP, LLC ("SN-002 GP") is the sole general partner of Fundomo SN-002, LP ("SN-002"). Corey L. Nobile is the sole member of SN-001 GP and SN-002 GP. Each of SN-001 GP, SN-002 GP, and Corey L. Nobile may be deemed to share voting and dispositive power with respect to the shares held directly by SN-001 (in the case of SN-001 GP) and SN-002 (in the case of SN-002 GP), respectively.
- F3. ST-1014 Fund I, a series of Fundomo Syndicates, LP ("ST-1014 Fund I") may be considered an affiliate of SN-001, SN-002, SN-001 GP and SN-002 GP, but voting and dispositive power over the shares held directly by ST-1014 Fund I has been delegated on an irrevocable basis to an unaffiliated third-party investment adviser pursuant to the terms of ST-1014 Fund I's limited partnership agreement. As the fund lead under such limited partnership agreement, Corey L. Nobile may also be considered to have shared voting and dispositive powers over such shares. None of SN-001, SN-002, SN-001 GP, or SN-002 GP has voting or dispositive power over such shares.
- F4. Each of the reporting persons and entities disclaims beneficial ownership of the reported securities (except to the extent of such person's or entity's pecuniary interest in such securities). The filing of this statement by the reporting persons shall not be deemed an admission that such persons are, for purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
Key Figures
Series A Preferred converted: 3849782.0000 shares
Series A-2 Preferred converted: 2027576.0000 shares
Series Seed-1 Preferred converted: 14000000.0000 shares
+4 more
7 metrics
Series A Preferred converted
3849782.0000 shares
Series A Preferred Stock automatically converted 1-for-1 into Class A Common Stock on 2026-07-17
Series A-2 Preferred converted
2027576.0000 shares
Series A-2 Preferred Stock automatically converted 1-for-1 into Class A Common Stock on 2026-07-17
Series Seed-1 Preferred converted
14000000.0000 shares
Series Seed-1 Preferred Stock automatically converted 1-for-1 into Class A Common Stock on 2026-07-17
Total derivative shares converted
19877358
Total underlying shares of preferred stock converted into Class A Common Stock per transaction summary
Direct Class A Common holdings
3849782.0000 shares
Class A Common Stock held directly following conversion of Series A Preferred Stock
Indirect Class A via Fundomo SN-002, LP
2027576.0000 shares
Class A Common Stock held indirectly through Fundomo SN-002, LP after Series A-2 conversion
Indirect Class A via ST-1014 Fund I
14000000.0000 shares
Class A Common Stock held indirectly through ST-1014 Fund I after Series Seed-1 conversion
Key Terms
automatically converted, 1-for-1 basis, initial public offering, voting and dispositive power, +2 more
6 terms
automatically converted financial
"Series Seed-1, Series A and Series A-2 Preferred Stock automatically converted into Class A Common Stock"
1-for-1 basis financial
"automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis"
initial public offering financial
"immediately prior to the closing 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.
voting and dispositive power financial
"may be deemed to share voting and dispositive power with respect to the shares held directly"
pecuniary interest financial
"disclaims beneficial ownership of the reported securities (except to the extent of such person's or entity's pecuniary interest"
beneficial ownership financial
"shall not be deemed an admission that such persons are ... the beneficial owner of any equity securities"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Standard Nuclear (STDN) insiders report in this Form 4 filing?
The filing reports that Fundomo-affiliated vehicles converted multiple preferred stock series into Class A Common Stock on 2026-07-17, automatically on a 1-for-1 basis immediately before Standard Nuclear’s initial public offering, with no sale of shares reported in this document.
Do the Standard Nuclear (STDN) reporting persons claim full beneficial ownership of the converted shares?
No. The reporting persons and entities disclaim beneficial ownership of the securities reported, except to the extent of their pecuniary interest. The statement specifies that the filing should not be deemed an admission of beneficial ownership under Section 16 or otherwise.
Were the Standard Nuclear (STDN) conversions made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a trading plan. The transactions are described as automatic conversions of preferred stock into common stock immediately before the company’s initial public offering.
AI-generated analysis. How Rhea-AI works. Not financial advice.
