July 10, 2026 · Form 4 insider transaction
Sorrells Christopher Dixon bought 1,666,667 shares of General Fusion Group Ltd. at $0.90 per share, a transaction worth $1.50M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
In connection with the Closing, the Sponsor elected to convert a working capital loan with a principal amount of $1,500,000 into warrants to purchase 1,666,667 of the issuer's common shares.; Following the closing of the business combination between the issuer and General Fusion Inc. (the "Closing"), Mr. Sorrells no longer has beneficial ownership of the securities owned by Spring Valley Acquisition III Sponsor, LLC (the "Sponsor").; The Sponsor is the record holder of the shares reported herein. Mr. Sorrells was the managing member of the Sponsor prior to the Closing.