| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Multicoin Capital Management, LLC | Director by deputization, 10%+ Owner | 501 WEST AVENUE, SUITE 3901, AUSTIN | MULTICOIN CAPITAL MANAGEMENT, LLC, By: /s/ Pyahm Samani, Managing Partner | 18 Sep 2025 | 0002017172 |
| Multicoin Capital Master Fund, LP | Director by deputization, 10%+ Owner | C/O SERVICES CAYMAN LIMITED, P.O. BOX, 10008, PAVILION EAST, CRICKET SQUARE, GRAND CAYMAN, CAYMAN ISLANDS | MULTICOIN CAPITAL MASTER FUND, LP, By: Multicoin Capital Fund GP I, LLC, its general partner, By: Multicoin Capital GP, LLC, its managing member, By: /s/ Pyahm Samani, manager | 18 Sep 2025 | 0002086559 |
| Samani Pyahm | Director, 10%+ Owner | 501 WEST AVENUE, SUITE 3901, AUSTIN | /s/ Pyahm Samani | 18 Sep 2025 | 0001868197 |
| Jain Tushar | Director by deputization, 10%+ Owner | 501 WEST AVENUE, SUITE 3901, AUSTIN | /s/ Tushar Jain | 18 Sep 2025 | 0001868193 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FORD | Common Stock, par value $0.01 per share | Award | $147M | +7.95M | $18.50 | 7.95M | 10 Sep 2025 | See Footnote | F1, F2, F3, F4, F5 | |
| transaction | FORD | Common Stock, par value $0.01 per share | Award | $25M | +1.35M | $18.50 | 1.35M | 10 Sep 2025 | See Footnote | F1, F3, F4, F5, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FORD | Pre-Funded Warrants | Award | $82.5M | +4.46M | $18.50 | 4.46M | 10 Sep 2025 | Common Stock | 4.46M | $0.01 | See Footnote | F3, F4, F5, F7, F8, F9, F10, F11 |
| Id | Content |
|---|---|
| F1 | On September 6, 2025, the Issuer entered into a Securities Purchase Agreement with certain investors (the "PIPE Investors") in a private investment in public equity investment (the "PIPE"), pursuant to which the PIPE Investors agreed to purchase shares of the Issuer's common stock, par value $0.01 per share ("Common Stock") for $18.50 per share. |
| F2 | MCMF LP (defined below) acquired 7,947,843 shares of Common Stock on September 10, 2025, for an aggregate purchase price of $114,040,000 (the "MCM Securities"). |
| F3 | In addition to Multicoin Capital Management, LLC, a Texas limited liability company ("MCM LLC") this Form 4 is being filed jointly by Multicoin Capital Master Fund, LP, a Cayman Islands limited partnership ("MCMF LP"), Pyahm Samani, a citizen of the United States of America ("Mr. Samani"), and Tushar Jain, a citizen of the United States of America ("Mr. Jain") (collectively, the "Reporting Persons"). |
| F4 | MCM LLC, as the investment adviser to MCMF LP, may be deemed to be the beneficial owner of the MCM Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. Samani's and Mr. Jain's positions as ultimately controlling MCM LLC and MCMF LP, Mr. Samani and Mr. Jain may be deemed to be the beneficial owners of the MCM Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the MCM Securities, except to the extent of any pecuniary interest therein. |
| F5 | Pursuant to the Lead Investor Agreement (as defined below), Mr. Samani was appointed as a Multicoin designee to the board of directors of the Issuer, and as a result, each of the other Reporting Persons may be deemed directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934. |
| F6 | Mr. Samani acquired 1,351,352 shares of Common Stock on September 10, 2025, for an aggregate purchase price of $25,000,000 (the "Samani Securities"). Mr. Samani is the sole beneficial owner and has sole voting power of the Samani Securities. Each of Mr. Jain, MCM LLC, and MCMF LP do not have any pecuniary interest in, and disclaim any beneficial ownership of, the Samani Securities. |
| F7 | In connection with the PIPE, MCMF LP entered into a Lead Investor Agreement (the "Lead Investor Agreement") with the Issuer and another investor in the PIPE, pursuant to which the Issuer agreed to issue MCMF LP an aggregate number of warrants to purchase 4,458,796 of shares of the Common Stock (the "Lead Investor Warrants") equal to 5% of the securities issued in the PIPE. Also, in connection with the PIPE, the Issuer and the PIPE Investors entered into a Registration Rights Agreement, dated September 6, 2025 (the "Registration Rights Agreement"). |
| F8 | (Cont'd from 7) The Lead Investor Warrants carry an exercise price of one penny ($0.01) per share and shall be exercisable as follows: (1) one-third (1/3) of the Lead Investor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 150% of the cash Per Share Purchase Price (as defined in the Securities Purchase Agreement) for 20 out of 30 trading days following the effectiveness of the resale registration statement filed pursuant to the Registration Rights Agreement (the "Resale Registration Statement"); (2) one-third (1/3) of the Lead Investor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 200% of the cash Per Share Purchase Price for 20 out of 30 trading days following the effectiveness of the Resale Registration Statement; |
| F9 | (Cont'd from 8) and (3) one-third (1/3) of the Lead Investor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 250% of the cash Per Share Purchase Price for 20 out of 30 trading days following the effectiveness of the Resale Registration Statement. The Lead Investor Warrants include an exercise limitation that prohibits the holder from exercising the Lead Investor Warrants in an amount in excess of the specified ownership threshold of 9.99% of the issued and outstanding shares of Common Stock (the "Blocker"). |
| F10 | As a result of the Blocker, as of the date hereof, any attempted exercise of the Lead Investor Warrants beneficially owned by Reporting Persons will not be effected by the Company. Upon 61 days' prior notice to the Issuer, each holder of Lead Investors Warrant may increase or decrease the Blocker, provided that the Blocker in no event exceeds 19.99% of the issued and outstanding shares of Common Stock. |
| F11 | The Lead Investor Warrants do not expire. |
This Form 4/A amends the Form 4 filing dated September 12, 2025 (the "Original Form"), solely in order to add MCMF LP, Mr. Samani, and Mr. Jain as additional reporting persons. Although MCMF LP, Mr. Samani, and Mr. Jain were disclosed in the Original Form, they were unable to be included as reporting persons because they did not have codes for the EDGAR system at the time. Other than including MCMF LP, Mr. Samani, and Mr. Jain as additional reporting persons, this form contains no amendment to the Original Form.