Fundomo SN-001, LP 4
4 · Standard Nuclear, Inc. · Filed Jul 30, 2026
Research Summary
AI-generated summary of this filing
Standard Nuclear (STDN) 10% Owner Fundomo SN-001 Converts 19.9M Shares
What Happened
- Fundomo SN-001, LP (reported as a 10% holder) converted a total of 19,877,358 shares of derivative preferred securities into Class A Common Stock of Standard Nuclear (STDN) on July 17, 2026. The conversion records show three conversion events: 3,849,782; 2,027,576; and 14,000,000 shares. No cash was paid or received — the conversions were recorded at $0 (i.e., an automatic 1-for-1 conversion rather than a purchase or sale). Corresponding derivative positions were extinguished (reported as dispositions at $0).
Key Details
- Transaction date: July 17, 2026.
- Share amounts converted: 3,849,782 + 2,027,576 + 14,000,000 = 19,877,358 shares.
- Price/value: Recorded as N/A for acquired common and $0.00 for extinguished derivative positions (no cash exchanged).
- Nature of transaction: Automatic conversion of Series Seed-1, Series A, and Series A-2 preferred into Class A Common on a 1-for-1 basis immediately prior to the issuer’s IPO (see footnote F1).
- Filing/Timeliness: This Form 4 (filed 2026-07-30) was used to add SN-001 GP, SN-002 GP, and Corey L. Nobile as reporting persons after they received CIKs; the underlying transaction was previously reported on July 21 (and amended July 22), so this update is administrative, not a late report.
- Shares owned after transaction: The filing shows conversion into common shares but does not state the total beneficial ownership following the conversion in the excerpt provided.
- Reporting relationships and disclaimers: Footnotes note GP/affiliate relationships (F2–F3) and a disclaimer of beneficial ownership beyond pecuniary interest (F4).
Context
- This was a conversion of convertible preferred into common stock tied to the company’s IPO, not an open-market buy or sale. No cash changed hands and the conversion is routine in IPO restructurings.
- As a 10% holder and limited partnership (Fundomo SN-001 LP), this is institutional holding activity rather than an executive selling or buying shares; interpretations of sentiment should be cautious and factual.
Insider Transaction Report
Form 4
Fundomo SN-001, LP
10% Owner
Transactions
- Conversion
Class A Common Stock
[F1][F2][F3][F4]2026-07-17+3,849,782→ 3,849,782 total - Conversion
Class A Common Stock
[F1][F2][F3][F4]2026-07-17+2,027,576→ 2,027,576 total(indirect: By Fundomo SN-002, LP) - Conversion
Class A Common Stock
[F1][F2][F3][F4]2026-07-17+14,000,000→ 14,000,000 total(indirect: By ST-1014 Fund I, a series of Fundomo Syndicates, LP) - Conversion
Series A Preferred Stock
[F1][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][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][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 (4)
- [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 L. Nobile is the sole member of SN-001 GP and SN-002 GP. Each of SN-001 GP, SN-002 GP, and Corey L. 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. As the fund lead under such limited partnership agreement, Corey L. Nobile may also be considered to have shared voting and dispositive powers over such shares. None of SN-001, SN-002, SN-001 GP, or SN-002 GP 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.