SIND · Sinda Ltd. · Insider Trading
The latest filing states the doubt was alleviated.
“The accompanying Unaudited Condensed Consolidated Financial Statements are prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The Company is currently in the process of exploring the mineral concessions which they hold. Accordingly, the Company does not generate revenues and will continue to incur losses until its mining properties commence production. The Company reports an accumulated deficit of $149,492,641 and $121,253,299 as of June 30, 2026, and December 31, 2025, respectively; and incurred a net loss of $16,616,202 and $2,160,723 for the three months ended June 30, 2026 and 2025; and $28,239,343 and $4,763,689 for the six months ended June 30, 2026 and 2025. Absent the ability to generate positive cash flows from operations, the Company's continued funding is entirely dependent on additional debt from related parties and the issuance of additional shares of common stock to fund its activities. As discussed in Note 6, on June 29, 2026, the Company completed an initial public offering of shares generating net proceeds of $192,945,880 after deducting underwriter discounts and other offering costs. In addition, the Company's controlling stockholder has confirmed its commitment to fund current operations and pay obligations as they become due for a period of at least twelve months following the issuance date of these Unaudited Condensed Consolidated Financial Statements. The Unaudited Condensed Consolidated Financial Statements do not include any adjustments relating to the recoverability and classification of recognized asset amounts or the amounts and classification of liabilities that might result from the outcome of these matters.”View the 10-Q filed Aug 14, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-29 | El-Erian Anna |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Barreto Espantoso Luis M |
Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Stock Option (Right to Buy)
|
416,667 |
| 2026-06-29 | Cortes Alvarez Jaime |
General Counsel and Secretary |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Common Stock
|
208,334 |
| 2026-06-29 | Lamb Graeme Cameron Maxwell |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Rubio Marquez Vanessa |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Cole Scott |
Vice President, Finance |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Common Stock
|
70,834 |
| 2026-06-29 | Muniz Quintanilla Daniel |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Common Stock
|
940,649 |
| 2026-06-29 | MADHAVPEDDI KALIDAS V |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Muniz Quintanilla Daniel |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Stock Option (Right to Buy)
|
940,649 |
| 2026-06-29 | Erfan Ali |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Cole Scott |
Vice President, Finance |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Stock Option (Right to Buy)
|
141,667 |
| 2026-06-29 | Cortes Alvarez Jaime |
General Counsel and Secretary |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Stock Option (Right to Buy)
|
416,667 |
| 2026-06-29 | Groh Douglas |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Galindo Fabian |
Country Manager |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Stock Option (Right to Buy)
|
125,000 |
| 2026-06-29 | Barreto Espantoso Luis M |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Common Stock
|
208,334 |
| 2026-06-29 | Gonzales Igor |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date. |
Common Stock
|
10,417 |
| 2026-06-29 | Galindo Fabian |
Country Manager |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. |
Common Stock
|
62,500 |