Hyperliquid Strategies Inc (PURR) IPO — S-1 Filing, Stock & Insider Activity

Hyperliquid Strategies Inc IPO — Status & S-1 Filing

Ticker: PURR
Status: Registered — S-1 filed with the SEC
S-1 filed: 2026-05-22
Exchange: NASDAQ
Expected price range: not yet disclosed (set in a later S-1/A or pricing amendment)
Shares offered: 35,156,660
SEC CIK: 0002078856 · View the S-1 on SEC EDGAR →

Track every registration update on the InsiderAlpha IPO tracker.

Updated Jul 16, 2026 · Last SEC filing 2026-07-06

Hyperliquid Strategies Inc (PURR) has filed 6 SEC Form 4 insider transactions in the last 90 days, with the most recent on 2026-07-06. 2 Form 8-K material event filings were reported by PURR in the last 90 days. InsiderAlpha tracks every PURR SEC filing — Form 4, Form 144, and 8-K — in real time, including Rule 10b5-1 plan detection.

About Hyperliquid Strategies Inc (PURR)

SEC CIK	0002078856

90-Day SEC Filing Activity

Form 4 filings (90d)	6
Form 8-K filings (90d)	2
Latest Form 4 filing	2026-07-06

Recent PURR Insider Transactions (Form 4)

Date	Insider	Role	Transaction	Shares	Price	Value	Filing
2026-07-01	Bhatt Nailesh	Insider	A — Grant or award	1.6K	—	—	SEC
2026-07-01	KING THOMAS C.	Insider	A — Grant or award	4.8K	—	—	SEC
2026-07-01	Rosengren Eric S	Insider	A — Grant or award	4.8K	—	—	SEC
2026-07-01	LEIBOWITZ LAWRENCE E	Insider	A — Grant or award	2.1K	—	—	SEC
2026-06-23	Nieuwkoop Jeroen	Chief Operating Officer	A — Grant or award	421.6K	$0.00	—	SEC
2026-05-05	Beldner Brett Douglas	CFO	A — Grant or award	421.6K	$0.00	—	SEC
2026-04-01	Bhatt Nailesh	Insider	A — Grant or award	2.5K	$0.00	—	SEC
2026-04-01	LEIBOWITZ LAWRENCE E	Insider	A — Grant or award	3.3K	$0.00	—	SEC
2026-04-01	KING THOMAS C.	Insider	A — Grant or award	7.4K	$0.00	—	SEC
2026-04-01	Rosengren Eric S	Insider	A — Grant or award	7.4K	$0.00	—	SEC
2026-02-09	Bhatt Nailesh	Insider	A — Grant or award	40.8K	$0.00	—	SEC
2026-02-09	Schamis David Ira	CEO	A — Grant or award	40.8K	$0.00	—	SEC
2026-02-09	TUDER JEFFREY	Insider	A — Grant or award	40.8K	$0.00	—	SEC
2026-02-09	Dyrness Albert D.	Insider	A — Grant or award	40.8K	$0.00	—	SEC
2026-02-09	Diamond Robert E. Jr.	Insider	A — Grant or award	40.8K	$0.00	—	SEC

All transactions sourced from SEC EDGAR Form 4 filings for Hyperliquid Strategies Inc (PURR). Updated in real time as new filings are submitted to the SEC.

Most-Active PURR Insiders — Last 90 Days

Insider	Form 4 filings	Total transaction value
Bhatt Nailesh	1	—
LEIBOWITZ LAWRENCE E	1	—
KING THOMAS C.	1	—
Beldner Brett Douglas	1	—
Rosengren Eric S	1	—

Recent PURR Form 8-K Material Events

2026-06-26 — Item 5.02, 9.01 [SEC]
2026-05-07 — Item 2.02, 7.01, 9.01 [SEC]
2026-02-18 — Item 9.01 · Acquisition · positive [SEC]
Hyperliquid Strategies Inc completed a previously announced business combination with Sonnet BioTherapeutics Holdings, Inc., with the merger consummated on December 2, 2025. This 8-K/A amendment filing provides the required audited financial statements of Sonnet and pro forma com

Recent Insider Filings

2026-07-06 — LEIBOWITZ LAWRENCE E (Insider)
2026-07-06 — Rosengren Eric S (Insider)
2026-07-06 — KING THOMAS C. (Insider)
2026-07-06 — Bhatt Nailesh (Insider)
2026-06-25 — Nieuwkoop Jeroen (Chief Operating Officer)

Form 4 Transaction Code Reference

SEC Form 4 transactions are reported with a one-letter code indicating the type of transaction. Common codes you'll see in PURR insider filings:

P	Open-market purchase by the insider
S	Open-market sale by the insider
A	Grant, award, or other acquisition from the issuer
M	Exercise or conversion of derivative security (e.g. options)
F	Payment of exercise price or tax liability via share withholding
G	Bona-fide gift of securities
D	Disposition to the issuer (e.g. share buyback participation)
J	Other acquisition or disposition
X	Exercise of in-the-money or at-the-money derivative security
C	Conversion of derivative security
V	Transaction voluntarily reported earlier than required

PURR Insider Trading — FAQ

What is the latest insider trade for PURR?: Hyperliquid Strategies Inc (PURR) had 6 insider filings in the last 90 days, with the most recent on 2026-07-06. InsiderAlpha tracks every Form 4, 10-K, 10-Q, and 8-K filing in real time.
How many insiders are buying PURR stock?: 0 insider purchases of PURR were filed in the last 90 days.
How many insiders are selling PURR stock?: 0 insider sales of PURR were filed in the last 90 days.
Where can I see PURR SEC filings (Form 4, 10-K, 10-Q, 8-K)?: InsiderAlpha aggregates every PURR SEC filing — Form 4 insider transactions, 10-K and 10-Q quarterly reports, and 8-K material event disclosures — in one timeline.

Learn More

Open the live PURR dashboard on InsiderAlpha for real-time alerts, charting, and full historical filing search.