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C1 Fund Inc. CFO Hytha David buys 5,004 shares at $10/share on Aug. 8, 2025.
ByAinvest
Friday, Aug 15, 2025 7:26 pm ET1min read
C1 Fund Inc. [CFND] has recently announced that Hytha David, the company's Chief Financial Officer, has made a notable acquisition. On August 8, 2025, Mr. David purchased 5004 shares at a price of $10 per share. This transaction reflects his confidence in the company's financial prospects and underscores his commitment to its long-term success. As a seasoned financial professional with extensive experience at Bloomberg, Mr. David brings a wealth of expertise to his role at C1 Fund Inc., and his strategic investment is a testament to his dedication to the company's growth and prosperity.
Pal Alto, CA, July 2, 2025 - C1 Fund Inc. [CFND] has recently announced that Hytha David, the company's Chief Financial Officer, has made a notable acquisition. On August 8, 2025, Mr. David purchased 5,004 shares at a price of $10 per share. This transaction reflects his confidence in the company's financial prospects and underscores his commitment to its long-term success.As a seasoned financial professional with extensive experience at Bloomberg, Mr. David brings a wealth of expertise to his role at C1 Fund Inc. His strategic investment is a testament to his dedication to the company's growth and prosperity. The acquisition comes at a time when the fund has been making significant strides in its investment portfolio and operational efficiency.
According to the company's recent SEC filing [1], the acquisition was made through C1 Group LLC, which holds up to 100,000 shares of common stock subject to forfeiture if the underwriters do not exercise their over-allotment option. Following the exercise of the over-allotment option or the expiration of the over-allotment option, C1 Group LLC will own a number of shares of common stock that is equal to 10% of the shares of common stock outstanding.
This transaction highlights the confidence that Mr. David has in C1 Fund Inc.'s future performance. His investment aligns with the fund's strategic goals and demonstrates his belief in the company's potential for growth and success.
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+4+C1+Fund+Inc.+For%3A+Aug+08+Filed+by%3A+Hytha+David/25214667.html
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