12/17/2025 | Press release | Distributed by Public on 12/17/2025 17:34
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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. | |||
| 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. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Series C Preferred Stock | (1) | 12/15/2025 | C | 430,596 | (1) | (1) | Common Stock | 430,596 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series C Preferred Stock | (1) | 12/15/2025 | C | 4,074,426 | (1) | (1) | Common Stock | 4,074,426 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series C Preferred Stock | (1) | 12/15/2025 | C | 787,400 | (1) | (1) | Common Stock | 787,400 | (1) | 0 | I | By DAG Ventures IV-A, LLC(4) | |||
| Series D Preferred Stock | (1) | 12/15/2025 | C | 462,842 | (1) | (1) | Common Stock | 462,842 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series D Preferred Stock | (1) | 12/15/2025 | C | 4,379,624 | (1) | (1) | Common Stock | 4,379,624 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series D Preferred Stock | (1) | 12/15/2025 | C | 333,176 | (1) | (1) | Common Stock | 333,176 | (1) | 0 | I | By DAG Ventures IV-A, LLC(4) | |||
| Series E Preferred Stock | (1) | 12/15/2025 | C | 133,936 | (1) | (1) | Common Stock | 133,936 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series E Preferred Stock | (1) | 12/15/2025 | C | 1,267,374 | (1) | (1) | Common Stock | 1,267,374 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series F Preferred Stock | (1) | 12/15/2025 | C | 46,568 | (1) | (1) | Common Stock | 46,568 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series F Preferred Stock | (1) | 12/15/2025 | C | 440,642 | (1) | (1) | Common Stock | 440,642 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series G Preferred Stock | (1) | 12/15/2025 | C | 48,124 | (1) | (1) | Common Stock | 48,124 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series G Preferred Stock | (1) | 12/15/2025 | C | 455,376 | (1) | (1) | Common Stock | 455,376 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series G Preferred Stock | (1) | 12/15/2025 | C | 377,624 | (1) | (1) | Common Stock | 377,624 | (1) | 0 | I | By DAG Ventures IV-A, LLC(4) | |||
| Series G-1 Preferred Stock | (1) | 12/15/2025 | C | 12,833 | (1) | (1) | Common Stock | 12,833 | (1) | 0 | I | By DAG Ventures IV, L.P.(2) | |||
| Series G-1 Preferred Stock | (1) | 12/15/2025 | C | 121,432 | (1) | (1) | Common Stock | 121,432 | (1) | 0 | I | By DAG Ventures IV-QP, L.P.(3) | |||
| Series G-1 Preferred Stock | (1) | 12/15/2025 | C | 100,699 | (1) | (1) | Common Stock | 100,699 | (1) | 0 | I | By DAG Ventures IV-A, LLC(4) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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DAG Ventures Management IV, LLC C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
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DAG Ventures IV, L.P. C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
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DAG Ventures IV-QP, L.P. C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
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DAG Ventures IV-A, LLC C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
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Cadeddu John J. C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
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Goodrich R. Thomas C/O DAG VENTURES LLC 251 LYTTON AVENUE, SUITE 200 PALO ALTO, CA 94301 |
X | |||
| DAG Ventures IV, L.P., By DAG Ventures Management IV, LLC, its General Partner, By /s/ John J. Cadeddu, Manager | 12/17/2025 | |
| **Signature of Reporting Person | Date | |
| DAG Ventures IV-QP, L.P., By DAG Ventures Management IV, LLC, its General Partner, By /s/ John J. Cadeddu, Manager | 12/17/2025 | |
| **Signature of Reporting Person | Date | |
| DAG Ventures IV-A, LLC, By DAG Ventures Management IV, LLC, its Manager, By /s/ John J. Cadeddu, Manager | 12/17/2025 | |
| **Signature of Reporting Person | Date | |
| DAG Ventures Management IV, LLC, By /s/ John J. Cadeddu, Manager | 12/17/2025 | |
| **Signature of Reporting Person | Date | |
| /s/ John J. Cadeddu | 12/17/2025 | |
| **Signature of Reporting Person | Date | |
| /s/ R. Thomas Goodrich | 12/17/2025 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(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) | Each share of Series C, Series D, Series E, Series F, Series G and Series G-1 Preferred Stock automatically converted immediately prior to the closing of the Issuer's initial public offering for no additional consideration on a 1-for-1 basis and had no expiration date. |
| (2) | Securities are directly held by DAG Ventures IV, L.P. ("DAG IV"). DAG Ventures Management IV, LLC ("DAG IV LLC") is the general partner of DAG IV. Messrs. Cadeddu and Goodrich are the managers of DAG IV LLC and may be deemed to share voting and dispositive power over the securities held by DAG IV. Each of DAG IV LLC and Messrs. Cadeddu and Goodrich disclaims beneficial ownership of these securities except to the extent of its or his proportionate pecuniary interest therein. |
| (3) | Securities are directly held by DAG Ventures IV-QP, L.P. ("DAG IV-QP"). DAG IV LLC is the general partner of DAG IV-QP. Messrs. Cadeddu and Goodrich are the managers of DAG IV LLC and may be deemed to share voting and dispositive power over the securities held by DAG IV-QP. Each of DAG IV LLC and Messrs. Cadeddu and Goodrich disclaims beneficial ownership of these securities except to the extent of its or his proportionate pecuniary interest therein. |
| (4) | Securities are directly held by DAG Ventures IV-A, LLC ("DAG IV-A"). DAG IV LLC is the manager of DAG IV-A. Messrs. Cadeddu and Goodrich are the managers of DAG IV LLC and may be deemed to share voting and dispositive power over the securities held by DAG IV-A. Each of DAG IV LLC and Messrs. Cadeddu and Goodrich disclaims beneficial ownership of these securities except to the extent of its or his proportionate pecuniary interest therein. |