TVP Bitcoin Venture Fund I, L.P. 4

What Happened

• TVP Bitcoin Venture GP II, L.L.C. (a 10% owner via TVP Bitcoin Venture Fund II, L.P.) purchased 375,000 shares of VIDA Global Inc. (VIDA) in an open-market/private purchase on 2026-05-18. The shares were acquired at $4.00 per share for a total cash outlay of $1,500,000. This was a purchase (institutional buy), which is often viewed as a more informative signal than routine insider sales, though no motive is stated.

Key Details

• Transaction date and price: 2026-05-18 — 375,000 shares at $4.00 per share (total $1,500,000). (Transaction code: P = Purchase)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 notes the securities are held of record by TVP Bitcoin Venture Fund II, L.P.; TVP Bitcoin Venture GP II, L.L.C. is the general partner and Christopher Calicott is the manager. GP II and Mr. Calicott may be deemed to share voting/dispositive power; GP II disclaims beneficial ownership except to the extent of its pecuniary interest. Mr. Calicott is a VIDA director and files separate Section 16 reports. F2 describes a related entity (TVP I) and its GP structure.
• Timeliness: Reported on 2026-05-18 (same date as the transaction period reported); filing appears timely based on the provided data.

Context

• This is an institutional/10% owner purchase (not a personal trade by an executive), though the manager of the general partner (Christopher Calicott) is a company director and may share reporting responsibilities. Purchases by large holders indicate an increase in institutional exposure but do not by themselves explain intent; no further derivative activity or 10b5-1 plan is noted in the excerpt.