August 25, 2025 · Form 4 insider transaction
Xu Hull Hou Jun bought 119 shares of Velodrome at $3.89 per share, a transaction worth $462.91. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 37 days after the transaction.
The reporting person's restricted stock units were originally scheduled to vest on August 15, 2025. At the request of the issuer, the release and settlement of such shares was administratively delayed until August 25, 2025 in connection with the issuer's transition to the Nasdaq Capital Market. The transaction date reported reflects the actual release date.; Reflects the 1-for-15 reverse stock split effected by the Issuer on July 25, 2025.