Fundomo SN-001, LP 4/A

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.