Btcs Inc SEC Filings

Schedule 13D highlights a control-level acquisition in LQR House Inc. (CUSIP 50214C200). Robert Leshner, a U.S. individual investor and CEO of Superstate Inc., has purchased 605,936 common shares – approximately 56.8 % of LQR House’s outstanding stock – for roughly $2.03 million using personal funds. All shares are held with sole voting and dispositive power.

The filing states that Leshner’s purpose is to effect a change in the issuer’s management and strategic direction. He intends to use written consent or a special shareholder meeting, in accordance with Nevada law and the company’s bylaws, to:

• Remove the current board of directors with or without cause.
• Nominate a new slate of directors committed to pursuing strategic alternatives and stronger corporate governance.
• Explore potential strategic transactions, including engagements with other shareholders and third parties.

No outstanding contracts, arrangements or legal proceedings related to the securities were disclosed. The acquisition positions Leshner as a controlling shareholder capable of unilaterally driving board and management changes, signalling a possible shift in operating strategy and future M&A activity for LQR House.

Form 4 Overview – BTCS Inc. (BTCS)

Chief Operating Officer and Director Michal Handerhan reported two insider transactions dated 8-9 July 2025.

• 8 Jul 2025 – Sale: Disposed of 87,221 common shares at a $6.04 weighted-average price under a Rule 10b5-1 trading plan.
• 9 Jul 2025 – Option exercise (cashless): Exercised 350,000 stock options at $1.90 per share. To cover the exercise cost, BTCS withheld 112,521 shares; the insider received 237,479 newly issued shares.

Resulting ownership: Holdings increased from 1,516,881 to 1,754,360 shares, a net gain of ≈237 k shares (+15.7%).

Key context

• The option block vested between 2022 and achievement of stock-price milestones; it expires 1 Jan 2026.
• The 87 k-share sale was executed within a 10b5-1 plan at prices ranging $6.00–$6.11.
• Shares acquired via option exercise are subject to vesting conditions for restricted stock noted in footnote 2.

Investor takeaway: Although there was a modest open-market sale, the insider’s net position increased materially, signalling continued exposure to BTCS’s equity upside. The cashless exercise introduces ~237 k new shares to the float, a minor dilutive effect relative to BTCS’s outstanding shares.

Form 4 Overview – BTCS Inc. (BTCS)

Chief Operating Officer and Director Michal Handerhan reported two insider transactions dated 8-9 July 2025.

• 8 Jul 2025 – Sale: Disposed of 87,221 common shares at a $6.04 weighted-average price under a Rule 10b5-1 trading plan.
• 9 Jul 2025 – Option exercise (cashless): Exercised 350,000 stock options at $1.90 per share. To cover the exercise cost, BTCS withheld 112,521 shares; the insider received 237,479 newly issued shares.

Resulting ownership: Holdings increased from 1,516,881 to 1,754,360 shares, a net gain of ≈237 k shares (+15.7%).

Key context

• The option block vested between 2022 and achievement of stock-price milestones; it expires 1 Jan 2026.
• The 87 k-share sale was executed within a 10b5-1 plan at prices ranging $6.00–$6.11.
• Shares acquired via option exercise are subject to vesting conditions for restricted stock noted in footnote 2.

Investor takeaway: Although there was a modest open-market sale, the insider’s net position increased materially, signalling continued exposure to BTCS’s equity upside. The cashless exercise introduces ~237 k new shares to the float, a minor dilutive effect relative to BTCS’s outstanding shares.

NaaS Technology Inc. (NASDAQ: NAAS) has filed its FY-2024 Form 20-F. The Cayman-incorporated holding company operates its electric-vehicle (EV) charging and energy-solutions platform exclusively through wholly owned subsidiaries in mainland China and no longer relies on a VIE structure. Reported net loss has narrowed for a third consecutive year—RMB 5.64 bn in 2022, RMB 1.31 bn in 2023, and RMB 0.91 bn (US$ 125 m) in 2024—reflecting rapid top-line expansion (figures not disclosed here) and cost optimisation initiatives.

Capital structure remains complex. As of 31 Dec 2024 the company had 1.33 bn Class A, 214.6 m Class B and 1.21 bn Class C ordinary shares outstanding. Two ADS ratio changes were executed:

• 13 Jun 2024 – 1 ADS : 200 Class A shares
• 28 Apr 2025 – 1 ADS : 800 Class A shares

Regulatory discussion dominates the filing. Management emphasises:

• Full compliance with current PRC licensing; no cybersecurity review required because user-data holdings are <1 m individuals.
• Potential future obligations under the 2023 CSRC overseas-listing filing regime.
• HFCAA status: auditor inspections by PCAOB were restored in 2022, so NAAS is not currently a Commission-Identified Issuer.

Liquidity & cash-flow constraints: As a PRC-based business, dividend upstreaming remains subject to SAFE clearance and statutory reserve requirements; no dividends have been paid to date. The company expects continued investment and operating losses in the near term and will likely seek additional external financing.

Key risks highlighted include sustained operating losses, intense competition in China’s EV-charging market, evolving PRC cybersecurity/data-security regulations, HFCAA delisting risk, multi-class share governance that limits minority voting power, and potential dilution from future capital raises.

VCI Global Limited (Nasdaq: VCIG) filed a Form 6-K announcing two board-level changes effective 7 July 2025.

• Mr. Lee Tze Wee has been appointed as an independent director and will join the Audit, Nominating & Corporate Governance, and Compensation Committees. The Board confirmed that he satisfies Nasdaq and SEC Rule 10-A-3(b)(1) independence criteria.
• Mr. Alex Chua Siong Kiat, previously an independent director, has been re-designated as an executive director. A related press release was furnished as Exhibit 99.1.

Mr. Lee brings 15+ years of senior finance experience, including interim Group CFO of an SGX-listed entity and former CFO of a Malaysia Airlines subsidiary. He is an FCPA (CPA Australia) and Chartered Accountant (Malaysia), fluent in English, Malay and Mandarin.

The filing is incorporated by reference into the company’s active F-3 registration statements (File Nos. 333-282353 & 333-279521).

UBS AG is offering $375,000 of unsubordinated, unsecured Trigger Autocallable Contingent Yield Notes linked to Marvell Technology, Inc. (MRVL) common stock. The notes are issued at $10 each, settle on 10-Jul-2025, and mature on 10-Jan-2028 unless called earlier. Investors receive a contingent monthly coupon of 23.84% p.a. ($0.1987 per note) only when MRVL’s closing price on the relevant observation date is at or above the Coupon Barrier of $52.52 (73 % of the initial level).

• Automatic call: If MRVL closes at or above the Initial Level of $71.95 on any monthly observation date (other than the final valuation date), UBS redeems the notes at par plus the coupon, ending further payments.
• Principal at risk: If not called, full principal is repaid only when the Final Level on 6-Jan-2028 is at or above the Downside Threshold of $46.77 (65 % of the initial level). Otherwise, repayment equals $10 × (1 + Underlying Return), exposing investors to the full downside of MRVL below the threshold.
• Estimated initial value: $9.79, below the $10 issue price, reflecting dealer discount (1.75 %), hedging and issuance costs.
• Liquidity & credit: Notes are not exchange-listed; secondary market making is discretionary. All payments depend on UBS AG’s credit; FINMA resolution powers could impose write-downs or conversion to equity.

BTCS Inc. (Ticker: BTCS) – Form 4 insider filing dated 07/03/2025

Chief Executive Officer, Director and >10% shareholder Charles W. Allen reported a bona-fide gift of 8,000 shares of BTCS common stock on 07/02/2025. The transaction is coded “G,” indicating no sale proceeds and no price reported. Following the transfer, Allen continues to own 4,170,622 shares held directly.

Because the distribution represents approximately 0.2% of his reported holdings and involves no market transaction, the filing signals no immediate change to public float or insider ownership concentration beyond the marginal reduction of shares held by the reporting person.

AT&T Inc. (T) – Form 4 insider filing: Director Cindy B. Taylor reported an automatic, in-plan acquisition of 6,219.765 deferred stock units (DSUs) on 06/30/2025 under the company’s Non-Employee Director Stock and Deferral Plan. Each DSU represents the economic value of one common share and is settled in cash after the director leaves the board. The reference price recorded for the underlying common stock was $28.94.

Following the transaction, Taylor’s direct equity holdings remain at 5,718 common shares and 320 Series C depositary shares, while her indirect derivative position increases to 196,964.0096 DSUs held through the benefit plan. No shares were sold or disposed of, and there were no option exercises or other derivative conversions disclosed.

The filing indicates continued alignment between the director and shareholder interests but does not represent a material change to AT&T’s overall share structure or insiders’ cumulative ownership.

AT&T Inc. (T) – Form 4 insider filing: Director Cindy B. Taylor reported an automatic, in-plan acquisition of 6,219.765 deferred stock units (DSUs) on 06/30/2025 under the company’s Non-Employee Director Stock and Deferral Plan. Each DSU represents the economic value of one common share and is settled in cash after the director leaves the board. The reference price recorded for the underlying common stock was $28.94.

Following the transaction, Taylor’s direct equity holdings remain at 5,718 common shares and 320 Series C depositary shares, while her indirect derivative position increases to 196,964.0096 DSUs held through the benefit plan. No shares were sold or disposed of, and there were no option exercises or other derivative conversions disclosed.

The filing indicates continued alignment between the director and shareholder interests but does not represent a material change to AT&T’s overall share structure or insiders’ cumulative ownership.