Standard Nuclear fund converts 14M preferred shares
Rhea-AI Filing Summary
ST-1014 Fund I, a series of Fundomo Syndicates, LP, a more-than-10% owner of Standard Nuclear, Inc., converted 14,000,000 shares of Series Seed-1 Preferred Stock into 14,000,000 shares of Class A Common Stock on a 1-for-1 basis immediately prior to the closing of Standard Nuclear’s initial public offering. After the conversion, the fund held 14,000,000 Class A Common shares and no Series Seed-1 Preferred shares. Voting and dispositive power over these shares has been irrevocably delegated to an unaffiliated third-party investment adviser, and the reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,000,000 shares exercised/converted
Exercise
2 txns
Insider
ST-1014 Fund I, a series of Fundomo Syndicates, LP
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series Seed-1 Preferred Stock F1, F2, F3 | 14,000,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3 | 14,000,000 | -- | -- |
Holdings After Transaction:
Series Seed-1 Preferred Stock — 0 contracts (Direct);
Class A Common Stock — 14,000,000 shares (Direct)
Footnotes (3)
- F1. The Series Seed-1 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. ST-1014 Fund I, a series of Fundomo Syndicates, LP ("ST-1014 Fund I"), may be considered an affiliate of Fundomo SN-001, LP ("SN-001"), Fundomo SN-002, LP ("SN-002"), Fundomo SN-001 GP, LLC ("SN-001 GP"), and Fundomo SN-002 GP, LLC ("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, and none of SN-001, SN-002, SN-001 GP, or SN-002 GP has voting or dispositive power over such shares.
- F3. The reporting person disclaims beneficial ownership of the reported securities (except to the extent of such person's pecuniary interest in such securities). The filing of this statement by the reporting person shall not be deemed an admission that such person is, 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
Preferred shares converted: 14,000,000 shares
Common shares received: 14,000,000 shares
Common shares held after: 14,000,000 shares
+2 more
5 metrics
Preferred shares converted
14,000,000 shares
Series Seed-1 Preferred Stock converted into Class A Common Stock on July 17, 2026
Common shares received
14,000,000 shares
Class A Common Stock acquired upon 1-for-1 conversion of Series Seed-1 Preferred Stock
Common shares held after
14,000,000 shares
Total Class A Common Stock directly held by ST-1014 Fund I following the conversion
Conversion ratio
1-for-1
Series Seed-1 Preferred Stock automatically converted into Class A Common Stock on a 1-for-1 basis
Transaction date
2026-07-17
Date of automatic conversion immediately prior to closing of initial public offering
Key Terms
Series Seed-1 Preferred Stock, Class A Common Stock, initial public offering, voting and dispositive power, +1 more
5 terms
Series Seed-1 Preferred Stock financial
"The Series Seed-1 Preferred Stock automatically converted into Class A Common Stock"
Class A Common Stock financial
"converted into Class A Common Stock of the Issuer on a 1-for-1 basis"
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.
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
"voting and dispositive power over the shares held directly by ST-1014 Fund I"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported 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 insider transaction did ST-1014 Fund I report for Standard Nuclear (STDN)?
ST-1014 Fund I reported converting 14,000,000 shares of Series Seed-1 Preferred Stock into 14,000,000 shares of Class A Common Stock on July 17, 2026, immediately before Standard Nuclear’s initial public offering, leaving it with 14,000,000 Class A shares and no preferred shares.
What is the conversion ratio for Standard Nuclear (STDN) Series Seed-1 Preferred reported on this Form 4?
The Series Seed-1 Preferred Stock converted into Class A Common Stock on a 1-for-1 basis. Specifically, 14,000,000 preferred shares became 14,000,000 common shares immediately prior to the closing of Standard Nuclear’s initial public offering, with no stated expiration date on the preferred.
Was the Standard Nuclear (STDN) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. The conversion resulted from the automatic 1-for-1 conversion of preferred into common stock immediately prior to the closing of Standard Nuclear’s initial public offering.
AI-generated analysis. How Rhea-AI works. Not financial advice.
