Then-CEO Yiheng (Gus) Liu purchased 4,750 shares of OTAI at $10.00 in private placement on 2026-05-27.
Yiheng (Gus) Liu, who was CEO at the time of this transaction, acquired 4,750 shares for $47,500.00 in a private placement on 2026-05-27, increasing his holdings to 3,101,250 shares. This was not a discretionary open-market purchase but rather a PIPE or registered direct allocation, which does not reflect insider conviction-driven buying. His same-ticker history at OTAI shows only one prior trade on 2026-05-07, with outcomes not yet measurable. The minimal share addition of 4,750 shares, representing a +0.2% increase versus pre-transaction holdings, reflects participation in a structured financing rather than a signal of insider confidence in the stock's valuation or direction.