[Form 3] VivoSim Labs, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
VivoSim Labs, Inc. (VIVS) filed an initial Form 3 reporting that Tony Serge Lialin (address on file) is identified as an officer with the title Chief Commercial Officer. The filing, dated for the event on 08/11/2025, states explicitly that no securities are beneficially owned by the reporting person at the time of this statement. The form was submitted by a single reporting person and includes an exhibit referencing a power of attorney.
Positive
- Disclosure of officer role: The Form 3 identifies Tony Serge Lialin as Chief Commercial Officer, providing transparency on company leadership.
- Compliance with Section 16: Filing an initial Form 3 demonstrates the company and reporting person are meeting disclosure obligations.
Negative
- No beneficial ownership reported: The reporting person does not hold securities of the issuer, so there is no disclosed equity alignment with shareholders.
Insights
TL;DR: New officer disclosure with no equity ownership reported, limiting immediate alignment with shareholders.
The filing documents an initial Section 16 disclosure for a named officer, indicating the company has added or recognized a senior commercial executive role in public filings. Because the report declares no beneficial ownership of issuer securities, there is currently no equity-based alignment disclosed between this officer and common shareholders. The inclusion of Exhibit 24 suggests execution authority delegated via power of attorney for filing purposes. This is a routine governance disclosure rather than a material securities transaction.
TL;DR: Filing satisfies Section 16 initial reporting requirements but records no holdings, so no Section 16 transactions are reported.
The Form 3 fulfills the initial ownership-reporting obligation by identifying the reporting person, role, and event date. The explicit statement that no securities are beneficially owned means there are no reportable non-derivative or derivative positions to list, and no subsequent Section 16 transaction timing or reporting obligations are triggered by this filing alone. The form appears procedurally complete with a signature executed by an attorney-in-fact.