Standard Nuclear, Inc.·4

Jul 21, 10:09 AM ET

Fundomo SN-001, LP 4

Research Summary

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Updated

Standard Nuclear (STDN) 10% Owner Converts Preferred into 19.9M Shares

What Happened
Fundomo SN-001, LP (reported as a 10% owner) converted a total of 19,877,358 derivative/preferred securities into Class A common stock of Standard Nuclear (STDN) on 2026-07-17. The conversion consisted of three items: 3,849,782; 2,027,576; and 14,000,000 shares. The conversion was recorded at $0.00 per share (no cash paid); the securities automatically converted on a 1-for-1 basis immediately prior to the company's IPO.

Key Details

  • Transaction date: 2026-07-17 (conversion into Class A common stock).
  • Shares converted (total): 19,877,358 (3,849,782 + 2,027,576 + 14,000,000). Reported conversion price: $0.00 (no cash consideration).
  • Filing date: 2026-07-21 (filed within the typical 2-business-day Form 4 window for a 7/17 transaction).
  • Post-transaction shares owned: not specified in the provided filing excerpt.
  • Notable footnotes:
    • F1: Series Seed-1, Series A, and Series A-2 Preferred automatically converted 1-for-1 to Class A common immediately before the IPO; the preferred securities had no expiration.
    • F2–F4: SN-001 GP and related entities (and Corey Nobile) may be deemed to share voting/dispositive power; reporting persons disclaim beneficial ownership except to the extent of pecuniary interest. ST-1014 Fund I is an affiliate but its voting power is irrevocably delegated to an unaffiliated adviser. Additional related reporting persons may be filed separately once CIKs are assigned.

Context
This was a mechanical conversion of preferred stock into common stock as part of the IPO process — not a cash purchase or open-market sale. For retail investors: conversions tied to IPO-related automatic preferred-to-common conversions are routine corporate actions and do not by themselves indicate insider buying or selling sentiment. Also note Fundomo SN-001 here is an institutional/owner reporting entity (10% holder), not an individual officer executing a personal trade.