06/30/2026 | Press release | Distributed by Public on 06/30/2026 19:30
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Series A-1 Preferred Stock | (2) | (2) | Common Stock | 32,798 | (2) | D | |
| Stock Warrant (Right to Buy) | 09/02/2020 | 06/04/2027 | Common Stock | 1,616 | $6.72 | I | By Bao Trust Dated Mar-10 2020 |
| Convertible Note | (3) | (3) | Common Stock | 20,102 | (3) | I | By Bao Trust Dated Mar-10 2020 |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Bao Zhoujia C/O NEUTRON HOLDINGS, INC. 444 TOWNSEND STREET, FL 1 SAN FRANCISCO, CA 94107 |
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| /s/ Susie Giordano, Attorney-in-Fact | 06/30/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Includes 2,665 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock of the Issuer. The RSUs fully vest on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service to the Issuer. |
| (2) | Each share of the Issuer's convertible Preferred Stock will automatically convert into one share of Common Stock upon the closing of the Issuer's initial public offering ("IPO"). |
| (3) | On May 7, 2020, the Issuer issued to the Reporting Person's trust, Bao Trust Dated Mar-10 2020, a convertible note with a principal amount of approximately $270,628 (the "2020 Note"). The 2020 Note accrues non-compounding interest at a rate of 4.0% per annum and matures seven years following the date of issuance, unless earlier converted pursuant to its terms. At the execution of the underwriting agreement in connection with the IPO, the outstanding principal balance of the 2020 Note plus any accrued and unpaid interest will automatically convert into shares of Common Stock at a ratio based on a conversion price equal to $340.0 million plus any consideration paid by the noteholder for the 2020 Note divided by the Issuer's fully-diluted capitalization on August 5, 2020. |
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Remarks: Exhibit 24- Power of Attorney. |
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