$ Value
—
Shares
39,800
Price
—
Filed
Dec 12
Insider
Name
LEIBOWITZ LAWRENCE E
Title
—
CIK
0001276505
Roles
Transaction Details
Transaction Date
2025-12-04
Code
J
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
39,800
Footnotes
On December 2, 2025, Hyperliquid Strategies Inc (the "Company") completed its previously announced business combination (the "Closing"), pursuant to the Business Combination Agreement, dated as of July 11, 2025 (as amended on September 22, 2025, the "BCA"), by and among the Company, Sonnet BioTherapeutics Holdings, Inc. ("Sonnet"), Rorschach I LLC, TBS Merger Sub Inc. and Rorschach Merger Sub, LLC . In connection with the Closing, Rorschach Capital LLC received an aggregate of 6,580,800 shares of common stock, par value $0.01 per share, of the Company (the "Common Stock"). On December 4, 2025, Rorschach Capital LLC distributed 39,800 shares of Common Stock to Mr. Leibowitz, a member of Rorschach Capital LLC.
Filing Info
LEIBOWITZ LAWRENCE E's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-04-01 | PURR | A | $0 |
| 2026-03-02 | FRGE | D | $1.2M |
| 2026-03-02 | FRGE | D | — |
| 2026-02-09 | PURR | A | $0 |
| 2025-12-04 | PURR | J | — |
| 2025-07-18 | FRGE | A | $0 |
| 2025-06-20 | FRGE | A | $0 |
Other Insiders at PURR (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| LEIBOWITZ LAWRENCE E | — | — | 2026-04-01 |
|
Schamis David Ira
CEO
|
— | — | 2026-02-09 |
| Diamond Robert E. Jr. | — | — | 2026-02-09 |
| Dyrness Albert D. | — | — | 2026-02-09 |
| TUDER JEFFREY | — | — | 2026-02-09 |
| KING THOMAS C. | — | — | 2026-04-01 |
| Bhatt Nailesh | — | — | 2026-04-01 |
| Rosengren Eric S | — | — | 2026-04-01 |