11/02/2026 | Press release | Distributed by Public on 11/02/2026 14:27
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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 | ||||
| Stock Option (Right to Buy) | (4) | 07/01/2034 | Common Stock | 160,650(5) | $0.05 | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Soni Deven C/O VERTICAL DATA INC. 1980 FESTIVAL PLAZA DRIVE, SUITE 300 LAS VEGAS, NV 89135 |
X | Chairman, President and CEO | ||
| /s/ Deven Soni | 11/02/2026 | |
| **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) | Consists of 1,785,000 founder shares and 675,000 shares acquired upon exercise of stock options on December 2, 2025, for an aggregate exercise price of $33,750 paid in cash. |
| (2) | The reporting person beneficially owns no shares of common stock directly as of the date of event requiring this statement. |
| (3) | Shares held of record by AASD Investments LLC. |
| (4) | 33.33% of the shares subject to the option vested on July 1, 2025, the first anniversary of the July 1, 2024 grant date, with the remaining 66.66% vesting in equal monthly installments over the following 24 months. |
| (5) | Of the 1,620,000 options originally granted, 675,000 were exercised on December 2, 2025, 784,350 were cancelled under the Stock Option Adjustment Letter Agreement dated September 5, 2025, and 160,650 remain outstanding. |