TRex Bio 10% owner buys 178,571 shares at $14
The conversion ratio was 3.8649 preferred shares for each common share; conversion occurred at the IPO closing for no additional consideration.
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Rhea-AI Filing Summary
Alexandria Venture Investments, LLC, a 10% owner of TRex Bio, Inc. (TRXB), purchased 178,571 common shares at $14.00 per share on October 13, 2026; no Rule 10b5-1 plan is reported for the purchase. On the same date, 1,033,541 Series A-3 and 3,480,387 Series B preferred shares automatically converted into 267,418 and 900,512 common shares, respectively, upon closing of the issuer’s initial public offering, for no additional consideration. The corresponding common-stock entry reports acquisition of 1,167,930 shares.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A-3 Preferred Stock F1 | 1,033,541 | $0.00 | $0.00 |
| Conversion | Series B Preferred Stock F1 | 3,480,387 | $0.00 | $0.00 |
| Conversion | Common Stock F1 | 1,167,930 | -- | -- |
| Purchase | Common Stock | 178,571 | $14.00 | $2.50M |
Footnotes (1)
- F1. Each share of preferred stock automatically converted into the Issuer's common stock at a ratio of 3.8649 shares of preferred stock to 1 share of common stock upon closing of the Issuer's initial public offering on October 13, 2026, for no additional consideration. The shares had no expiration date.
Key Figures
Key Terms
preferred stock financial
initial public offering financial
no additional consideration financial
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