VCV Digital Solutions LLC 4

What Happened VCV Digital Solutions LLC (reported as a >10% owner) received 11,196,244 shares of BlockchAIn Digital Infrastructure, Inc. (AIB) on March 16, 2026 by converting its membership interests in One Blockchain LLC into common stock under the parties’ Business Combination Agreement. The filing values those shares at $4.60 each (based on the NYSE American last sale price on the closing date), implying a total market value of approximately $51.5 million. On the same date the reporting person forfeited/disposed of 100 shares to the issuer for no consideration in connection with the closing.

Key Details

• Transaction date: March 16, 2026 (reported on Form 4 filed March 18, 2026).
• Primary transaction codes: C = conversion of derivative security (11,196,244 shares acquired); D = disposition to issuer (100 shares forfeited).
• Reported per-share market value: $4.60 (footnote basis); implied total value ≈ $51,502,722.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnote: conversion and forfeiture occurred pursuant to the Business Combination Agreement dated May 27, 2025 (as amended); the 100 shares were forfeited for no consideration at closing.
• Timeliness: filing appears timely (Form 4 filed two days after the transaction).

Context

• This was not an open-market purchase or sale by an individual insider but an institutional conversion of membership interests into common stock as part of a business combination closing. For 10% owners (institutional holders), such conversions reflect deal terms rather than active trading decisions by an executive.
• Transaction code C indicates conversion of a derivative/security into common stock; code D indicates disposition to the issuer (here, forfeiture).