January 31, 2025 · Form 4 insider transaction
Wellington Hadley Harbor Aggregator IV, L.P. bought 2,901,599 shares of Beta Bionics, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 3 days after the transaction.
Immediately prior to the closing of the initial public offering, each share of Series E Preferred Stock (the "Preferred Stock") was converted into an equal number of shares of Class B Common Stock and subsequently was converted into an equal number of shares of Common Stock without payment of further consideration. The Preferred Stock had no expiration date.