Speth Ralf 4
4 · Meridian3 Industrials Acquisition Corp · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Meridian3 (MIAC) Director Ralf Speth Acquires Shares & Warrants
What Happened
- Ralf Speth, a director of Meridian3 Industrials Acquisition Corp (MIAC), acquired derivative securities on July 6, 2026: 396,875 Class B ordinary shares at $0.01 per share (total $1,984) and 125,000 Private Placement Warrants at $1.00 per warrant (total $125,000). The combined reported value of the transactions is $126,984.
- The transactions are reported as "Other acquisition or disposition (J)" and reflect transfers from the sponsor to Mr. Speth pursuant to assignment agreements (see footnotes).
Key Details
- Transaction date: 2026-07-06; Form 4 filed: 2026-07-07 (timely filing).
- Class B shares: 396,875 acquired at $0.01 each; reported value $1,984. (Footnote F2)
- Private Placement Warrants: 125,000 acquired at $1.00 each; reported value $125,000. (Footnotes F3, F4)
- Shares/warrants acquired via assignment from Meridian3 Partners Sponsor LLC per securities/warrant assignment agreements.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing code: “J” (other acquisition). No 10b5-1 plan, tax withholding, or late-filing notation disclosed in the provided information.
Context
- Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis and will convert automatically upon the issuer’s initial business combination (Footnote F1).
- Each Private Placement Warrant allows the holder to purchase one Class A share at $11.50 (subject to adjustments); warrants become exercisable 30 days after the completion of an initial business combination and generally expire five years after that event (Footnote F3).
- These holdings are derivative instruments (convertible shares and warrants) transferred from the Sponsor at the stated purchase prices; they are not immediate open-market purchases of Class A shares. As always, such filings are factual disclosures and do not by themselves indicate motive.
Insider Transaction Report
Form 4
Speth Ralf
Director
Transactions
- Other
Class B Ordinary Shares
[F1][F2]2026-07-06$0.01/sh+396,875$1,984→ 396,875 total→ Class A Ordinary Shares, par value $0.0001 per share (396,875 underlying) - Other
Private Placement Warrants (Right to Buy)
[F3][F4]2026-07-06$1.00/sh+125,000$125,000→ 125,000 totalExercise: $11.50→ Class A Ordinary Shares, par value $0.0001 per share (125,000 underlying)
Footnotes (4)
- [F1]The Class B Ordinary Shares, par value $0.0001 per share ("Class B Shares"), have no expiration date and are convertible into Class A Ordinary Shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and will otherwise automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis.
- [F2]Pursuant to a securities assignment agreement between the Reporting Person and Meridian3 Partners Sponsor LLC (the "Sponsor"), upon the closing of the Issuer's initial public offering (the "IPO"), the Sponsor transferred 396,875 Class B Shares to the Reporting Person for a purchase price of $0.005 per share.
- [F3]Each Private Placement Warrant of the Issuer reported herein entitles the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject to adjustment as described in the registration statement of the Issuer. The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire at 5:00 p.m., New York City time, five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation. Pursuant to a warrant assignment agreement between the Reporting Person and the Sponsor, upon the closing of the IPO, the Sponsor transferred 125,000 Private Placement Warrants to the Reporting Person.
- [F4]The Sponsor purchased the Private Placement Warrants at a price of $1.00 per warrant in a private placement that closed simultaneously with the closing of the IPO. The price reported reflects the per-warrant purchase price paid by the Sponsor, which is the price at which the warrants were transferred to the Reporting Person.
Signature
/s/ Speth Ralf|2026-07-07