Steven Denbaars - 29 Sep 2025 Form 4 Insider Report for Palomino Laboratories Inc.

Role
Director
Signature
/s/ Steven Denbaars
Transactions as of
29 Sep 2025
Transactions value $
$150,000
Form type
4
Filing time
09 Oct 2025, 16:21:04 UTC
Previous filing
12 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Denbaars Steven Director 313 BRYANT COURT, PALO ALTO, /s/ Steven Denbaars 09 Oct 2025 0001700533

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Other +1.63M +1300% 1.75M 29 Sep 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction Warrants Sale $150K +125K $1.20 125K 29 Sep 2025 Common Stock 125K $1.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Per the terms of an Agreement and Plan of Merger, dated September 29, 2025, Palomino Acquisition Co., a subsidiary of Issuer, merged into Rhino Subsidiary Inc. (f/k/a Palomino Laboratories Inc., "Pre-Merger Palomino"). Mr. DenBaars, as a shareholder of Pre-Merger Palomino, received 1,500,000 shares of common stock, par value $0.0001 per share, of Issuer ("Common Stock") in exchange for his Pre-Merger Palomino shares. On September 29, 2025, Issuer closed a private placement offering and, during which, Mr. DenBaars converted his SAFEs into 125,000 Units at a price of $1.20 per Unit. Each Unit consists of one share of the Common Stock and one warrant to purchase one share of Common Stock at an exercise price of $1.50. The warrants expire on the first anniversary of the date the Common Stock is admitted for trading or listed on an Approved Market (as defined in warrant agreement).