Unknown Company Form SCHEDULE 13D — Oct 2, 2026
Michelle Chiam Sin Ling filed a Schedule 13D disclosing beneficial ownership of 26,121,180 shares of Aterian, Inc. common stock, approximately 10.00% of the 261,129,410 shares outstanding, acquired via a private purchase from former controlling shareholder David E. Lazar. The stake came from 193,347 Series AAA Preferred shares purchased for $1,296,000 under a September 1, 2026 Securities Purchase Agreement, converted into common at 135.1 shares per preferred share.
Key figures
- Shares Owned
- 26121180
- Percent Owned
- 10
- Shares Outstanding
- 261129410
- Indemnity holdback usd
- 250000
- Placement agent fee usd
- 240000
- Underlying common shares
- 241861970
- Series aaa shares purchased
- 193347
- Underlying percent of common
- 92.50%
- Total block purchase price usd
- 12000000
- Purchase price reporting person usd
- 1296000
- Conversion ratio series aaa to common
- 135.1
AI analysis
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