Conviction
$ Value
$0
Shares
109,858
Price
$0
Filed
Feb 18
▶ Why this score? (5/10)
- ✓ Open market buy (+3)
- ✓ 10%+ owner (+1)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
Guardians of New Zealand Superannuation
Title
—
CIK
0001747883
Roles
Transaction Details
Transaction Date
2026-01-21
Code
P
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
1,302,492
Footnotes
The shares were issued to the Guardians of New Zealand Superannuation as manager and administrator of the New Zealand Superannuation Fund, being property of His Majesty the King in right of New Zealand, in a private placement (the "PIPE Investment") pursuant to that certain subscription agreement, dated January 21, 2026 (the "Subscription Agreement"), by and between the Issuer and the reporting person. Pursuant to the PIPE Investment, the reporting person subscribed to and was issued 860,000 shares of common stock at a per share purchase price of $5.00 and was also issued 109,858 bonus shares under the terms of the Subscription Agreement. | On August 18, 2025, the issuer effected a 1-for-100 reverse stock split of all issued and outstanding shares of the issuer's common stock, resulting in the reporting person's ownership of common stock being reduced from 33,263,337 shares to 332,634 shares prior to the PIPE Investment.
Filing Info
Guardians of New Zealand Superannuation's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-01-21 | LNZA | ▲ | $4.3M ★ |
| 2026-01-21 | LNZA | ▲ | $0 |
Other Insiders at LNZA (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| Guardians of New Zealand Superannuation | $4.3M | — | 2026-01-21 |
| KHOSLA VINOD | — | — | 2026-01-21 |