Speth Ralf 4

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.