Standard Nuclear (STDN) holder converts 16,661,314 preferred shares
Rhea-AI Filing Summary
Decisive Point Group, LLC, a 10% owner of Standard Nuclear, Inc., reported multiple equity transactions around the company’s initial public offering. Affiliated funds converted an aggregate of 16,661,314 preferred shares into Class A Common Stock at a 1-for-1 ratio under the Fifth Amended and Restated Certificate of Incorporation.
In addition, Decisive Point – Standard Nuclear V, LLC purchased 1,275,496 Class A shares at $15 per share through a reserved share program at the IPO price. Decisive Point exercises voting and dispositive control over the affiliated vehicles holding these shares, and the transactions are not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series Seed-1 Preferred | 5,800,000 | -- | -- |
| Conversion | Series Seed-1 Preferred | 4,000,000 | -- | -- |
| Conversion | Series Seed Preferred | 2,451,678 | -- | -- |
| Conversion | Series A Preferred | 1,154,934 | -- | -- |
| Conversion | Series A Preferred | 2,242,330 | -- | -- |
| Conversion | Series A-2 Preferred | 505,478 | -- | -- |
| Conversion | Series A-2 Preferred | 506,894 | -- | -- |
| Conversion | Class A Common Stock | 5,800,000 | -- | -- |
| Conversion | Class A Common Stock | 4,000,000 | -- | -- |
| Conversion | Class A Common Stock | 1,154,934 | -- | -- |
| Conversion | Class A Common Stock | 506,894 | -- | -- |
| Conversion | Class A Common Stock | 2,451,678 | -- | -- |
| Conversion | Class A Common Stock | 2,242,330 | -- | -- |
| Conversion | Class A Common Stock | 505,478 | -- | -- |
| Purchase | Class A Common Stock | 1,275,496 | $15.00 | $19.13M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares purchased through a reserved share program in connection with the the Issuer's initial public offering of Class A Common Stock. These shares were purchased at the public offering price of $15 per share. The Reporting Person exercises voting and dispositive control over the securities held by Decisive Point - Standard Nuclear I, Decisive Point - Standard Nuclear II, Decisive Point - Standard Nuclear III, Decisive Point - Standard Nuclear IV, LLC, Decisive Point - Standard Nuclear V, LLC and Decisive Point Ventures II Master Fund, L.P. Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation, in connection with the completion of the Issuer's initial public offering of its Class A Common Stock, each share of Series Seed Preferred, Series Seed-1 Preferred, Series A Preferred, and Series A-2 Preferred was automatically converted into shares of Class A Common Stock at a ratio of 1-for-1.
Key Figures
Key Terms
initial public offering financial
Fifth Amended and Restated Certificate of Incorporation regulatory
voting and dispositive control regulatory
Class A Common Stock financial
AI-generated analysis. How Rhea-AI works. Not financial advice.