Cloudastructure registers resale of 1.7M shares by insiders in direct listing; company gets no proceeds

Filed January 31, 2025 · ~1 min read

Key Changes

• high

  The offering is a resale of up to 1,701,338 Class A shares by existing stockholders via a direct listing on Nasdaq; the company receives no proceeds.

  The Offering verify on EDGAR →
• medium

  A 1-for-6 reverse stock split was effected on October 24, 2024; all share and per-share data are retrospectively adjusted.

  The Offering verify on EDGAR →
• medium

  Prior Regulation A offering sold units at $6.00 with warrants exercisable at $4.50, creating potential warrant overhang.

  The Offering verify on EDGAR →