Standard Nuclear holder converts preferred, buys shares
Decisive Point Group, LLC, a 10% owner of Standard Nuclear, Inc., reported multiple equity transactions around the company’s initial public offering.
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 F3, F2 | 5,800,000 | -- | -- |
| Conversion | Series Seed-1 Preferred F3, F2 | 4,000,000 | -- | -- |
| Conversion | Series Seed Preferred F3, F2 | 2,451,678 | -- | -- |
| Conversion | Series A Preferred F3, F2 | 1,154,934 | -- | -- |
| Conversion | Series A Preferred F3, F2 | 2,242,330 | -- | -- |
| Conversion | Series A-2 Preferred F3, F2 | 505,478 | -- | -- |
| Conversion | Series A-2 Preferred F3, F2 | 506,894 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 5,800,000 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 4,000,000 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 1,154,934 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 506,894 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 2,451,678 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 2,242,330 | -- | -- |
| Conversion | Class A Common Stock F3, F2 | 505,478 | -- | -- |
| Purchase | Class A Common Stock F1, F2 | 1,275,496 | $15.00 | $19.13M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
FAQ
What insider activity did Decisive Point report in Standard Nuclear (STDN) Form 4?
Was Decisive Point’s trading in Standard Nuclear (STDN) under a Rule 10b5-1 plan?
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