Mistry Faramaraz Jeremey 4

What Happened
Meridian3 Industrials Acquisition Corp CEO Faramaraz Jeremey Mistry reported a series of derivative “other” acquisitions and dispositions on July 6, 2026. The Form 4 shows transfers of convertible Class B ordinary shares and derivative instruments (reported at $1.00 each) as follows (values reported on the form): disposed 2,381,250 Class B shares for $11,906; acquired 793,750 Class B shares for $3,969; acquired 3,750,000 derivative instruments at $1.00 each for $3,750,000; disposed 750,000 derivative instruments at $1.00 each for $750,000; and acquired 250,000 derivative instruments at $1.00 each for $250,000. The aggregate reported consideration across these transactions is about $4,765,875, with a net reported cash outflow (acquisitions minus dispositions) of approximately $3,242,063.

Key Details

• Transaction date: July 6, 2026; Form filed July 7, 2026 (timely). Transaction code: J (other acquisition or disposition); securities reported as derivatives.
• Prices / reported values: small Class B transfers reported at ~$0.005 per share (reflected in the reported dollar amounts), other derivative instruments reported at $1.00 each.
• Holdings after transactions (per footnotes): the Reporting Person beneficially holds 793,750 Class B Shares and 250,000 Private Placement Warrants through Meridian3 Capital SPC (joint control), plus 25,000 Class B Shares held directly — total Class B beneficial interest 818,750 shares and 250,000 warrants.
• Relevant footnotes:
  • F1: Class B shares are convertible 1-for-1 into Class A shares and will convert on the company’s initial business combination.
  • F2–F6: Transactions reflect securities assignment agreements between the Sponsor and sponsor team members (transfers at IPO prices) and the Reporting Person’s joint control of the entity that holds certain securities. The Private Placement Warrants described (purchased by the Sponsor at $1.00 each) entitle holders to buy Class A shares at $11.50 post-business combination.
• Filing status: filed timely (no late filing indicated). The Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest (per F7).

Context
These entries are internal sponsor/sponsor-team transfers and warrant/convertible-share movements (Form 4 code J), not open-market trades. Class B shares reported here are convertible into Class A shares upon the company’s business combination; Private Placement Warrants carry exercisability/expiration terms described in the filing. Such sponsor-side reallocations generally reflect organizational structuring rather than a direct market buy/sell signal by the CEO.