Tiger Cloud LLC 4

What Happened Tiger Cloud LLC, identified as a 10% owner of BlockchAIn Digital Infrastructure, Inc. (AIB), received 15,100,970 common shares on March 16, 2026 in connection with the closing of the business combination (conversion of its One Blockchain LLC membership interests). The shares were valued at $4.60 each based on the NYSE American last sale price on the closing date, implying a total market value of approximately $69.5 million. On the same date Tiger Cloud forfeited 100 shares to the issuer for no consideration.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely under the 2-business-day rule).
• Primary transaction: Conversion of derivative/security (Code C) — 15,100,970 shares acquired via conversion.
• Secondary transaction: Disposition to issuer (Code D) — 100 shares forfeited for no consideration.
• Price used for valuation: $4.60 per share (last reported sale on NYSE American on the Closing Date); total ≈ $69,464,462.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Transactions arose from the Business Combination Agreement dated May 27, 2025 (as amended); see filing footnote for full details.

Context This was not an open-market buy or sale by an individual executive but a conversion of membership interests into stock as part of a corporate merger/closing—common for investors and sponsors in SPAC or business-combination settings. Forfeiture of the 100 shares was part of the closing mechanics and does not indicate a market trade. As a 10% owner (an institutional/organizational holder), these transactions reflect ownership reclassification from LLC interests to public common stock rather than personal insider trading.