Unknown Company Form SCHEDULE 13D — Oct 2, 2026
Chang Woei Jiann 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, with sole voting and dispositive power. The stake came from a September 1, 2026 Securities Purchase Agreement under which a group of 19 Malaysian and Asian purchasers bought preferred shares from David E. Lazar, Aterian's then-controlling shareholder and director, for an aggregate $12,000,000.
Key figures
- Shares Owned
- 26121180
- Deal Value Usd
- $1,296,000 (Chang Woei Jiann's purchase price); $12,000,000 total aggregate Purchase Price for all purchasers
- Percent Owned
- 10.00%
- Shares Outstanding
- 261129410
- Spa date
- 2026-09-01
- Shares acquired
- 26121180
- Percent of class
- 10%
- Transaction date
- 2026-09-25
- Indemnity holdback
- 250000
- Placement agent fee
- 240000
- Underlying shares group
- 241861970
- Total group purchase price
- 12000000
- Closing purchase price group
- 11750000
- Total issuer shares outstanding
- 261129410
- Aggregate purchase price reporting person
- 1296000
- Group underlying ownership percent fully diluted
- 92.50%
AI analysis
Red flags6 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.