Fundomo SN-001, LP 4/A
4/A · Standard Nuclear, Inc. · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Standard Nuclear (STDN) 10% Owner Converts/Disposes 19.88M Shares
What Happened
- Fundomo SN-001, LP (a reported 10% owner) converted three derivative securities into a total of 19,877,358 Class A common shares on July 17, 2026. The three reported conversions were for 3,849,782; 2,027,576; and 14,000,000 shares. Each conversion is recorded at $0.00 per share and reported as a disposition of derivative securities.
- The conversion reflects automatic conversion of the issuer’s Series Seed‑1, Series A and Series A‑2 preferred stock into Class A common on a 1‑for‑1 basis immediately prior to the company’s IPO (no cash paid on conversion). This filing is an amendment to correct a clerical classification error in the earlier Form 4.
Key Details
- Transaction date: July 17, 2026 (reported on an amended Form 4 filed July 22, 2026; original Form 4 filed July 21, 2026).
- Price: $0.00 per share (automatic conversion of preferred to common; no cash proceeds).
- Shares converted/disposed: 3,849,782; 2,027,576; 14,000,000 — total 19,877,358 shares.
- Shares owned after transaction: not specified in the provided summary (check the full SEC filing for post-transaction holdings).
- Notable footnotes: F1 explains the automatic 1:1 conversion into Class A common immediately prior to the IPO; F2–F4 describe GP relationships and disclaimers of beneficial ownership; F5 notes this Form 4 amends a clerical error (derivative disposals were misreported in the wrong column).
- Filing status: This is an amended filing to correct reporting details. Investors may review the SEC filing page for timing compliance under Section 16.
Context
- These entries reflect institutional conversion of preferred shares into common stock tied to the company’s IPO, not an open‑market sale. Conversions at $0 are typical for mandatory preferred‑to‑common conversions and do not by themselves indicate a manager-initiated cash sale or market sentiment.
- As a 10% owner (an institutional holder), Fundomo SN-001 is distinct from an individual officer or director; footnotes describe related GP entities and disclaimers about beneficial ownership and delegated voting/dispositive power.
Insider Transaction Report
Form 4/AAmended
Fundomo SN-001, LP
10% Owner
Transactions
- Conversion
Series A Preferred Stock
[F1][F5][F2][F3][F4]2026-07-17−3,849,782→ 0 total→ Class A Common Stock (3,849,782 underlying) - Conversion
Series A-2 Preferred Stock
[F1][F5][F2][F3][F4]2026-07-17−2,027,576→ 0 total(indirect: By Fundomo SN-002, LP)→ Class A Common Stock (2,027,576 underlying) - Conversion
Series Seed-1 Preferred Stock
[F1][F5][F2][F3][F4]2026-07-17−14,000,000→ 0 total(indirect: By ST-1014 Fund I, a series of Fundomo Syndicates, LP)→ Class A Common Stock (14,000,000 underlying)
Footnotes (5)
- [F1]The Series Seed-1 Preferred Stock, Series A Preferred Stock, and Series A-2 Preferred Stock automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.
- [F2]Fundomo SN-001 GP, LLC ("SN-001 GP") is the sole general partner of Fundomo SN-001, LP ("SN-001"). Fundomo SN-002 GP, LLC ("SN-002 GP") is the sole general partner of Fundomo SN-002, LP ("SN-002"). Corey Nobile is the sole member of SN-001 GP and SN-002 GP. Each of SN-001 GP, SN-002 GP, and Corey Nobile may be deemed to share voting and dispositive power with respect to the shares held directly by SN-001 (in the case of SN-001 GP) and SN-002 (in the case of SN-002 GP), respectively.
- [F3]ST-1014 Fund I, a series of Fundomo Syndicates, LP ("ST-1014 Fund I") may be considered an affiliate of SN-001, SN-002, SN-001 GP and SN-002 GP, but voting and dispositive power over the shares held directly by ST-1014 Fund I has been delegated on an irrevocable basis to an unaffiliated third-party investment adviser pursuant to the terms of ST-1014 Fund I's limited partnership agreement, and none of the reporting persons named herein has voting or dispositive power over such shares.
- [F4]Each of the reporting persons and entities disclaims beneficial ownership of the reported securities (except to the extent of such person's or entity's pecuniary interest in such securities). The filing of this statement by the reporting persons shall not be deemed an admission that such persons are, for purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
- [F5]The Form 4 filed on July 21, 2026 is amended herein to correct a clerical error in Box 5 of Table II. Consistent with the disposition of the underlying preferred stock upon its conversion into Class A Common Stock as described in the accompanying footnotes, the number of derivative securities disposed of should have been entered under the "(D)" column in Box 5, but was inadvertently reported under the "(A)" column. The Form 4 remains otherwise unmodified.