Michael Xu Zhao - 05 Sep 2025 Form 4/A - Amendment Insider Report for C1 Fund Inc. (CFND)

Reporting relationship: Director
Issuer ticker: CFND
Reported as of: 05 Sep 2025
Net transaction value: $0
SEC form: 4/A - Amendment
Accepted by SEC: 28 Sep 2026, 21:57:28 UTC
Original report date: 05 Sep 2025
Prior SEC filing: 06 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Michael Xu Zhao

Key filing fact

Michael Xu Zhao filed Form 4/A - Amendment for C1 Fund Inc. (CFND) on 28 Sep 2026.

Key facts

This page summarizes Michael Xu Zhao's Form 4/A - Amendment filing for C1 Fund Inc. (CFND).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 28 Sep 2026, 21:57.

Change

Previous filing in this sequence was filed on 06 Aug 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reporting Owners (1)

CIK 0001891095 Primary reporting owner

Zhao Michael Xu

Relationship: Director
Address: C/O C1 FUND INC., 3000 EL CAMINO REAL BUILDING 4, PALO ALTO
Signature: /s/ Michael Xu Zhao
Signature date: 28 Sep 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CFND transaction

Common Stock

Other

Transaction value
Shares: -23,998
Change %: -13%
Price: $0.000000^*
Shares after: 159,984
Date: 05 Sep 2025
Ownership: Via C1 Group LLC
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Michael Zhao beneficially owns the reported shares through the Issuer's sponsor, C1 Group LLC. On September 5, 2025, 100,000 shares of common stock held by C1 Group LLC was cancelled because the underwriters did not exercise their over-allotment option, as described in the Issuer's IPO Prospectus. The number of shares reported herein reflect Mr. Zhao's indirect ownership through C1 Group LLC.

Footnote F2

This Form 4 Amendment is being filed to correct the number of shares beneficially owned by Michael Xu Zhao. Mr. Zhao indirectly owns shares in C1 Fund Inc. through C1 Group LLC. Mr. Zhao's ownership interest in C1 Group LLC was diluted on August 7, 2025, the date of C1 Fund Inc.'s IPO, when certain investors' interests in C1 Group LLC vested. The dilution in Mr. Zhao's ownership in C1 Group LLC resulted in a decrease in his indirect ownership of C1 Fund Inc., which was not reflected in Mr. Zhao's prior beneficial ownership filings.