Canton Strategic Holdings, Inc. ownership update: a group of related LCV entities and principals report combined beneficial ownership tied to issued shares and exercisable warrants. The Reporting Persons collectively beneficially own 757,724 shares of Common Stock and are deemed to beneficially own 5,446,000 shares issuable upon exercise of warrants within 60 days, subject to contractual limits that cap ownership at 9.99% of outstanding shares. The percentage calculations use 56,656,271 shares outstanding as of March 31, 2026.
Positive
None.
Negative
None.
Insights
Disclosure clarifies warrant exercise limits and a 9.99% ownership cap.
The filing lists specific beneficial ownership figures: 757,724 shares currently owned and 5,446,000 shares issuable upon warrant exercise within 60 days, using an outstanding share base of 56,656,271. Contractual limits prevent exercises that would exceed 9.99%.
The operative dependencies are the warrant terms and the issuer's outstanding share count; any change to the outstanding shares or the contractual cap would alter deemed ownership. Subsequent filings or exercises will state whether additional warrants become exercisable or whether the contractual cap is amended.
Related entities and two individuals control aggregate holdings through shared voting arrangements.
The statement attributes shared voting and dispositive power across LCV Fund III, LCV Fund VIII, LCV Blockchain Management, Vast/Noble entities, and principals Murtaza S. Akbar and Emil Woods. The filing explains the ownership chain and control relationships among general partners and LLCs.
Key governance implications include potential coordinated exercise decisions and aggregate reporting at the 9.99% threshold; any material coordination or changes in control would appear in future beneficial ownership updates.
Key Figures
Outstanding shares used for percent:56,656,271 sharesDirectly owned shares:757,724 sharesWarrants exercisable within 60 days (deemed):5,446,000 shares+3 more
6 metrics
Outstanding shares used for percent56,656,271 sharesas reported in Form 10-K, <date>March 31, 2026</date>
Directly owned shares757,724 sharesaggregate directly owned by the Reporting Persons
Warrants exercisable within 60 days (deemed)5,446,000 sharesissuable upon exercise of warrants within 60 days, deemed beneficially owned due to contractual limits
Contractual ownership cap9.99%exercise limitation that prohibits surpassing this ownership percentage
Aggregate shares reported for LCV Blockchain Management5,404,724 sharesaggregate beneficially owned (per cover page line for that entity)
Aggregate for individual principals6,203,724 sharesreported for each of Murtaza S. Akbar and Emil Woods (cover page)
Key Terms
Subscription Warrants, Beneficially own, Contractual limitation, Shared Dispositive Power
4 terms
Subscription Warrantsfinancial
"issuable upon the exercise of warrants issued pursuant to the Subscription Agreement"
Beneficially ownregulatory
"the Reporting Person beneficially owns (i) 757,724 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Contractual limitationlegal
"warrants are subject to a contractual limitation that prohibits exercise"
What stake do the LCV Reporting Persons hold in CNTN?
They directly own 757,724 shares and are deemed to beneficially own 5,446,000 shares issuable upon exercise of warrants within 60 days, using 56,656,271 shares outstanding as of March 31, 2026.
Why are some warrants not counted as beneficially owned in the filing for CNTN?
Additional warrants are not deemed beneficially owned because a contractual limitation prevents exercise to the extent that exercise would cause beneficial ownership to exceed 9.99% of outstanding Common Stock, per the filing language.
Which individuals are reported as sharing voting and investment control for CNTN holdings?
The filing states that Murtaza S. Akbar and Emil Woods share voting and investment control of the LCV Funds and Vast/Noble entities and may be deemed beneficial owners through those entities.
What outstanding share count does the CNTN filing use to compute percentages?
The percentage calculations are based on an outstanding share count of 56,656,271 shares, as reported in the issuer's Form 10-K referenced in the filing dated March 31, 2026.
What is the maximum ownership percentage any Reporting Person is reported at in this filing?
Two individuals/entities (Murtaza S. Akbar and Emil Woods) are reported at the contractual cap of 9.99% beneficial ownership in the filing's Item 11 computation.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Canton Strategic Holdings, Inc.
(Name of Issuer)
Common stock, $0.0001 par value
(Title of Class of Securities)
432705309
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV Fund III, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,932,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,932,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,932,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.34 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock and (ii) 1,175,000 shares of Common Stock issuable upon the exercise of warrants issued pursuant to the Subscription Agreement (the "Subscription Warrants") within 60 days, for an aggregate of 1,932,724 shares of Common Stock.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 2,997,952 shares of Common Stock; however, such shares are not deemed beneficially owned because the Subscription Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the SEC on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV Fund III GP, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,932,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,932,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,932,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.34 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock and (ii) 1,175,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days, for an aggregate of 1,932,724 shares of Common Stock.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 2,997,952 shares of Common Stock; however, such shares are not deemed beneficially owned because the Subscription Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the SEC on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV GP III, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,932,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,932,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,932,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.34 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock and (ii) 1,175,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days, for an aggregate of 1,932,724 shares of Common Stock.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 2,997,952 shares of Common Stock; however, such shares are not deemed beneficially owned because the Subscription Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the SEC on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV Fund VIII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,472,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,472,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,472,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.77 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns 3,472,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 8,855,552 shares of Common Stock; however, such shares are not deemed beneficially owned because the Subscription Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV GP VIII, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,472,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,472,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,472,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.77 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns 3,472,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 8,855,552 shares of Common Stock; however, such shares are not deemed beneficially owned because the Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
LCV Blockchain Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,404,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,404,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,404,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.82 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock and (ii) 4,647,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days, for an aggregate of 5,404,724 shares of Common Stock.
The Reporting Person also holds additional Subscription Warrants exercisable for up to 11,853,504 shares of Common Stock; however, such shares are not deemed beneficially owned because the Subscription Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
Noble Wave Group LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
799,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
799,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
799,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.39 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns 799,000 shares of Common Stock issuable upon the exercise of warrants pursuant to the Strategic Advisory Warrant (the "Advisory Warrant") within 60 days.
The Reporting Person also holds additional Advisory Warrants exercisable for up to 2,038,509 shares of Common Stock; however, such shares are not deemed beneficially owned because the Advisory Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
Vast Industries LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
799,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
799,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
799,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.39 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns 799,000 shares of Common Stock issuable upon the exercise of the Advisory Warrant within 60 days.
The Reporting Person also holds additional Advisory Warrants exercisable for up to 2,038,509 shares of Common Stock; however, such shares are not deemed beneficially owned because the Advisory Warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
Murtaza S. Akbar
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,203,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,203,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,203,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock, (ii) 4,647,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days, and (iii) 799,000 shares of Common Stock issuable upon the exercise of the Advisory Warrants within 60 days, for an aggregate of 6,203,724 shares of Common Stock.
The Reporting Person also holds additional Subscription Warrants and Advisory Warrants (the "Warrants") exercisable for up to 13,892,013 shares of Common Stock; however, such shares are not deemed beneficially owned because the Warrants are subject to contractual limitations that prohibit exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
CUSIP Number(s):
432705309
1
Names of Reporting Persons
Emil Woods
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,203,724.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,203,724.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,203,724.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person:
As of the date hereof, the Reporting Person beneficially owns (i) 757,724 shares of Common Stock, (ii) 4,647,000 shares of Common Stock issuable upon the exercise of the Subscription Warrants within 60 days, and (iii) 799,000 shares of Common Stock issuable upon the exercise of the Advisory Warrants within 60 days, for an aggregate of 6,203,724 shares of Common Stock.
The Reporting Person also holds additional Warrants exercisable for up to 13,892,013 shares of Common Stock; however, such shares are not deemed beneficially owned because the warrants are subject to contractual limitations that prohibit exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
The percentage reported in Item 11 is based on 56,656,271 shares of Common Stock outstanding, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Canton Strategic Holdings, Inc.
(b)
Address of issuer's principal executive offices:
34 Shrewsbury Ave., Suite 1C, Red Bank, NJ 07701
Item 2.
(a)
Name of person filing:
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
i. LCV Fund III, L.P.
ii. LCV Fund III GP, L.P.
iii. LCV GP III, L.L.C.
iv. LCV Fund VIII, L.P.
v. LCV GP VIII, L.L.C.
vi. LCV Blockchain Management, L.L.C.
vii. Noble Wave Group LLC
viii. Vast Industries LLC
ix. Murtaza S. Akbar
x. Emil Woods
LCV GP III, L.L.C. is the general partner of LCV Fund III GP, L.P., which is the general partner of LCV Fund III, L.P. and, as such, may be deemed to beneficially own the shares held by LCV Fund III, L.P.
LCV GP VIII, L.L.C. is the general partner of LCV Fund VIII, L.P. and, as such, may be deemed to beneficially own the shares held by LCV Fund VIII, L.P.
LCV GP III, L.L.C. and LCV GP VIII, L.L.C. are under common control by LCV Blockchain Management, L.L.C. and, as such, LCV Blockchain Management, L.L.C. may be deemed to beneficially own the shares held by LCV Fund III GP, L.P. and LCV Fund VIII, L.P.
Murtaza S. Akbar and Emil Woods share voting and investment control of LCV Fund III, L.P. and LCV Fund VIII, L.P. (together, the "LCV Funds") through the general partner entities of the LCV Funds and may be deemed the beneficial owners of such shares.
Vast Industries LLC is the sole member of Noble Wave Group LLC, and as such, may be deemed to beneficially own the shares held directly by Noble Wave Group LLC. Murtaza S. Akbar and Emil Woods share voting and investment control of Vast Industries LLC and may be deemed the beneficial owners of such shares.
(b)
Address or principal business office or, if none, residence:
120 East 16th Street, 12th floor, New York, NY 10003.
(c)
Citizenship:
See Item 4 of the cover page for each Reporting Person.
(d)
Title of class of securities:
Common stock, $0.0001 par value
(e)
CUSIP No.:
432705309
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Items 5-11 of the cover page for each Reporting Person.
(b)
Percent of class:
See Items 5-11 of the cover page for each Reporting Person. As of the date hereof, the Reporting Persons, collectively, beneficially own an aggregate of 757,724 shares of Common Stock and, due to contractual limitations on exercise, are deemed to beneficially own only 5,446,000 shares of Common Stock issuable upon the exercise of warrants within 60 days.
The Reporting Persons hold warrants exercisable for a greater number of shares of Common Stock; however, such additional shares are not deemed beneficially owned because the warrants are subject to a contractual limitation that prohibits exercise to the extent that, after giving effect to such exercise, the Reporting Person would beneficially own more than 9.99% of the outstanding Common Stock.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Items 5-11 of the cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Items 5-11 of the cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Items 5-11 of the cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Items 5-11 of the cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
LCV Fund III, L.P.
Signature:
/s/ Brian Whitehurst
Name/Title:
by LCV Fund III GP, L.P., its general partner, by LCV GP III, L.L.C., its general partner, Brian Whitehurst, Chief of Staff
Date:
05/11/2026
LCV Fund III GP, L.P.
Signature:
/s/ Brian Whitehurst
Name/Title:
by LCV GP III, L.L.C., its general partner, Brian Whitehurst, Chief of Staff
Date:
05/11/2026
LCV GP III, L.L.C.
Signature:
/s/ Brian Whitehurst
Name/Title:
Brian Whitehurst, Chief of Staff
Date:
05/11/2026
LCV Fund VIII, L.P.
Signature:
/s/ Brian Whitehurst
Name/Title:
by LCV GP VIII, L.L.C., its general partner, Brian Whitehurst, Chief of Staff
Date:
05/11/2026
LCV GP VIII, L.L.C.
Signature:
/s/ Brian Whitehurst
Name/Title:
Brian Whitehurst, Chief of Staff
Date:
05/11/2026
LCV Blockchain Management, LLC
Signature:
/s/ Brian Whitehurst
Name/Title:
Brian Whitehurst, Chief of Staff
Date:
05/11/2026
Noble Wave Group LLC
Signature:
By: Vast Industries LLC, its sole member, /s/ Emil Woods
