Bloomia director exercises rights for 696,690 shares
BLOOMIA HOLDINGS, INC. director and more-than-10% owner Nicholas John Swenson exercised subscription rights to acquire 696,690 shares of common stock at $4.05 per share through AO Partners I, L.P.
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Form Type
4
Rhea-AI Filing Summary
BLOOMIA HOLDINGS, INC. director and more-than-10% owner Nicholas John Swenson exercised subscription rights to acquire 696,690 shares of common stock at $4.05 per share through AO Partners I, L.P. After the exercise, AO Partners I, L.P. holds 836,134 shares indirectly for him, alongside additional direct and indirect holdings through Groveland Capital LLC and Glenhurst Co.
Insider Trade Summary
696,690 shares exercised/converted
Exercise
5 txns
Insider
Swenson Nicholas John
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Rights (right to buy) | 696,690 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Stock | 696,690 | $4.05 | $2.82M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Subscription Rights (right to buy) — 0 contracts (Direct);
Common Stock — 836,134 shares (Indirect, AO Partners I, L.P.);
Common Stock — 3,300 shares (Direct);
Common Stock — 60,284 shares (Indirect, Groveland Capital LLC);
Common Stock — 11,428 shares (Indirect, Glenhurst Co)
Footnotes (2)
- F1. Note the following with regard to Groveland Capital LLC ("Groveland Capital"); AO Partners I, L.P. ("AO Partners Fund"); AO Partners, LLC, the General Partner to the AO Partners Fund ("AO Partners"); and Glenhurst Co. ("Glenhurst"): Mr. Swenson is the Managing Member of Groveland Capital and may direct Groveland Capital as to the vote and disposition of the shares of Common Stock it holds; Mr. Swenson is the Managing Member of AO Partners, the General Partner of AO Partners Fund, and has the power to direct the affairs of AO Partners Fund, including the voting and disposition of shares of Common Stock held in the name of AO Partners Fund; and Mr. Swenson is the sole owner of Glenhurst, and he has the power to direct the affairs of Glenhurst, including the voting and disposition of shares of Common Stock held in the name of Glenhurst.
- F2. Each of the parties herein may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the parties and Air T, Inc., the other member of such group. The members of this Section 13(d) group collectively own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the parties disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of his or its pecuniary interest therein. The securities reported herein do not include any securities held by Air T, Inc., as such shares are reported in a separate filing.
Key Figures
Shares acquired via rights exercise: 696,690 shares
Exercise price: $4.05 per share
AO Partners I, L.P. holdings: 836,134 shares
+3 more
6 metrics
Shares acquired via rights exercise
696,690 shares
Subscription rights exercised at $4.05 per share on 2026-04-02
Exercise price
<money>$4.05</money> per share
Conversion of subscription rights into common stock
AO Partners I, L.P. holdings
836,134 shares
Indirect Bloomia common stock held after exercise
Direct holdings
3,300 shares
Common stock held directly by Swenson after transactions
Groveland Capital LLC holdings
60,284 shares
Indirect Bloomia common stock held through Groveland Capital LLC
Glenhurst Co holdings
11,428 shares
Indirect Bloomia common stock held through Glenhurst Co
Key Terms
Subscription Rights, Section 13(d) group, Schedule 13D, pecuniary interest
4 terms
Subscription Rights financial
"security_title: "Subscription Rights (right to buy)""
Subscription rights are short-term privileges given to existing shareholders to buy additional new shares before the general public, typically at a set price and in proportion to their current holdings. Think of it as getting a coupon for first dibs on extra slices of a pizza so your share of the pie doesn’t shrink; exercising them can be a cheaper way to maintain your ownership and voting power, while ignoring them can reduce your stake and potential future earnings.
Section 13(d) group regulatory
"Each of the parties herein may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D"
Schedule 13D regulatory
"Section 13(d) group disclosed in a Schedule 13D filed on behalf of the parties"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
pecuniary interest financial
"disclaims beneficial ownership of the shares of Common Stock held by the other members ... except to the extent of his or its pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nicholas John Swenson do in this BLOOMIA (TULP) Form 4 filing?
Nicholas John Swenson exercised subscription rights to acquire 696,690 shares of Bloomia common stock at $4.05 per share. The shares were acquired indirectly through AO Partners I, L.P., increasing that entity’s reported holdings while eliminating the exercised subscription rights position.
What are subscription rights in the BLOOMIA (TULP) Form 4 transaction?
The subscription rights were derivative securities giving the holder the right to buy Bloomia common stock at $4.05 per share. Swenson exercised rights for 696,690 underlying shares, converting the rights into common stock and reducing his subscription rights balance to zero in this filing.
How does the Section 13(d) group relate to this BLOOMIA (TULP) filing?
The filing notes Swenson and related entities are part of a Section 13(d) group, together owning more than 10% of Bloomia’s common stock. Each party disclaims beneficial ownership of other members’ shares, and securities held by Air T, Inc. are reported separately, not in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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