SCHEDULE 13G/A: Statement of Beneficial Ownership by Certain Investors
Published on April 15, 2025
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
|
(Amendment No. 1)*
|
|
Exodus Movement, Inc.
(Name of Issuer) |
|
Class A Common Stock
(Title of Class of Securities) |
|
30209R106
(CUSIP Number) |
|
03/31/2025
(Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
|
|
Rule 13d-1(c)
|
 Rule 13d-1(d)
|
|
SCHEDULE 13G
|
| CUSIP No. | 30209R106 |
| 1 | Names of Reporting Persons
Jon Paul Richardson
|
||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
|
||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
|
||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
|
||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
9,643,257.00
|
||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
|
||||||||
| 11 | Percent of class represented by amount in row (9)
33.72 %
|
||||||||
| 12 | Type of Reporting Person (See Instructions)
IN
|
Comment for Type of Reporting Person: (1) Consists of 345,720 shares of Class A Common Stock and 9,297,537 shares of Class B Common Stock. The 345,720 shares of Class A Common Stock included herein includes 41,871 shares of Class A Common Stock vesting 60 days after the quarter ended March 31, 2025.
(2) Shares of Class B Common Stock are convertible at any time on a share-for-share basis into Class A Common Stock.
(3) Based on the quotient obtained by dividing (a) the aggregate number of Class A Common Stock and Class B Common Stock beneficially owned by the Reporting Person as set forth in Row 9 by (b) the sum of (i) 9,138,615 shares of Class A Common Stock outstanding as of February 28, 2025 as reported by the Issuer in its Form 10-K for the year ended December 31, 2024 and (ii) 19,460,000 shares of Class B Common Stock outstanding as of February 28, 2025 as reported by the Issuer in its Form 10-K for the year ended December 31, 2024. The aggregate number of shares of Class B Common Stock beneficially owned by the Reporting Person as set forth in clauses "(a)" and "(b)" of this footnote are treated as converted into Class A Common Stock only for the purpose of computing the percentage ownership of the Reporting Person.
(4) Each share of Class A Common Stock is entitled to one vote, and each share of Class B Common Stock is entitled to ten votes. There were 19,460,000 shares of Class B Common Stock outstanding as of February 28, 2025, as provided by the Issuer in its Form 10-K for the year ended December 31, 2024. The percentage reported does not reflect the ten for one voting power of the Class B Common Stock because these shares are treated as converted into Class A Common Stock for the purpose of this report.
|
SCHEDULE 13G
|
| Item 1. | ||
| (a) | Name of issuer:
Exodus Movement, Inc.
|
|
| (b) | Address of issuer's principal executive offices:
15418 Weir Street #333 Omaha, NE 68137
|
|
| Item 2. | ||
| (a) | Name of person filing:
Jon Paul Richardson
|
|
| (b) | Address or principal business office or, if none, residence:
The principal business office of the Reporting Person is 15418 Weir Street #333 Omaha, NE 68137.
|
|
| (c) | Citizenship:
United States of America
|
|
| (d) | Title of class of securities:
Class A Common Stock
|
|
| (e) | CUSIP No.:
30209R106
|
|
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) |
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
|
|
| (b) |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
|
|
| (c) |
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
|
|
| (d) |
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
|
|
| (e) |
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
|
|
| (f) |
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
|
|
| (g) |
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
|
|
| (h) |
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
|
| (i) |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
|
|
| (j) |
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: |
|
| (k) |
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
|
|
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
See response to Item 9 on cover page.
|
|
| (b) | Percent of class:
See response to Item 11 on cover page. %
|
|
| (c) | Number of shares as to which the person has:
|
|
| (i) Sole power to vote or to direct the vote:
See response to Item 5 on cover page.
|
||
| (ii) Shared power to vote or to direct the vote:
See response to Item 6 on cover page.
|
||
| (iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on cover page.
|
||
| (iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on cover page.
|
||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
|
||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
|
||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
|
||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
|
||
| Item 10. | Certifications: |
Not Applicable
|
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
|
|