Had to toss some numbers around in Excel just get the activity on this ticker out of my brain where it's been bouncing around all day, lol.
91M shares on issue
+ 25M MLX-owned options
+ 9.8M director/manager-owned options
Current/past substantial holders
- MLX owns 19.3M shares (15M are escrowed), Blackstone own 13.75M shares
- Rod Corps owns 10,095,618 shares, Warren Hallam & partner own 2,000,001 shares, Brett Smith owns... 5,787 shares, lol. Deborah Corps (presumably an insider related to Rod Corps) owns 9,959,936 shares
- Merchant Group & APAC Group last seen with ~4.4M shares each, but probably sold down since then
Adding up MLX, Blackstone, & directors/co (but not Merchant/APAC) that's 60.6% (up from 42.1% at IPO) ownership or 71.5% ownership of float+options
Just directors & one assumed relative is 24.2% (up from 3.8% at IPO) ownership, 25.3% ownership of float+options
FYI, on IPO about 71% of shares were held by top 20 holders, with 86.6% of shares held by holders with >100k shares. Hard to say whether these numbers would have changed; Rod's been buying an insane amount, but obviously someone has to sell to him and small retail literally didn't have enough between them to sate his unearthly hunger for shares
