| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRND | Common Stock | Exercise of in-the-money or at-the-money derivative security | $15.4M | +1.34M | +104.76% | $11.50 | 2.61M | Feb 14, 2025 | Direct | F1 |
| transaction | GRND | Common Stock | Disposed to Issuer | -$15.6M | -854K | -32.69% | $18.26 | 1.76M | Feb 14, 2025 | Direct | F1 |
| holding | GRND | Common Stock | 28.4M | Feb 14, 2025 | By Longview Capital SVH LLC | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRND | Warrants (right to buy) | Exercise of in-the-money or at-the-money derivative security | $0 | -1.34M | -100% | $0.00 | 0 | Feb 14, 2025 | Common Stock | 1.34M | $11.50 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | On February 14, 2025, the Reporting Person exercised 1,336,124 warrants to purchase shares of the Issuer's common stock for $11.50 per share. The Reporting Person exercised its 1,336,124 warrants on a cashless basis at a conversion ratio of 0.361 shares of common stock per warrant, resulting in the Issuer's withholding of 853,784 of the warrant shares and issuing to the Reporting Person the remaining 482,340 shares. |
| F2 | Held by Longview Capital SVH LLC, a Washington limited liability company ("Longview SVH"). Longview Capital Holdings LLC, a Washington limited liability company ("Longview"), is the sole member of Longview SVH, which exercises ultimate voting and investment power with respect to the shares held by Longview SVH. The Reporting Person is the sole equityholder of Longview and exercises voting and investment power with respect to Longview. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. |
| F3 | Since the date of the Reporting Person's last ownership report, Mr. Lu transferred the warrants from Longview SVH to direct ownership by himself. |