Director Kyle Michael Wool bought 200,000 shares of NWAX at $0.01; stock now at $10.00
Director Kyle Michael Wool purchased 200,000 shares (200.0K shares) at $0.01 on 2026-04-07, adding 11.8% to his pre-transaction holdings of 1,700,000 shares (1.70M shares). The purchase price of $0.01 represents a marked discount to the current price of $10.00, suggesting either a capital raise, restructuring event, or warrant/option exercise recovery at a nominal price tier. This is not a conventional open-market discretionary buy but rather a transaction at a deeply depressed execution price relative to current valuation. Against this context, Wool's cross-ticker track record warrants attention: 20 prior buys averaged -13.0% return over 30 days and -20.4% over 90 days, with only a 15.00% win rate across all prior transactions. The extreme discount at purchase does not override the pattern of negative post-buy performance historically.