David A. Goggins has reported significant stock transactions involving Forge Nano Holdings, Inc., as detailed in a recent SEC filing. The transactions include the acquisition of common stock and earn-out shares, marking a pivotal moment for the company and its stakeholders.
Forge Nano Holdings, Inc., a company operating in the special industry machinery sector, has undergone notable changes following its recent business combination. Goggins, who is a director at Forge Nano, reported these transactions on October 26, 2026, which were executed on October 22, 2026.
What the Filing Says
According to the SEC filing (accession number 0000950142-26-002854), Goggins acquired 130,282 shares of common stock and 97,713 earn-out shares as part of the merger agreement. The earn-out shares are contingent upon achieving specific performance metrics related to the company's stock price and revenue.
Impact
These transactions may affect various stakeholders, including investors and company management. The acquisition of shares by Goggins could signal confidence in the company's future performance, particularly as it navigates the post-merger landscape.
What's Next
The filing does not say what happens next regarding further transactions or corporate actions.
Transaction Details
In the SEC filing, Goggins' acquisition of 130,282 shares of common stock was executed under the transaction code 'A', indicating an acquisition. Following this transaction, Goggins now owns a total of 130,282 shares directly. Additionally, the 97,713 earn-out shares granted to Goggins will vest based on specific performance metrics related to the company's stock price and revenue, which are outlined in the filing.
Performance Metrics for Earn-Out Shares
The earn-out shares are structured to vest in three phases: one third will vest if the volume-weighted average price (VWAP) of the common stock reaches or exceeds $15.00 per share or if the revenue for the preceding twelve months reaches or exceeds $400 million; another third will vest if the VWAP reaches or exceeds $20.00 per share or if revenue reaches or exceeds $600 million; and the final third will vest if the VWAP reaches or exceeds $25.00 per share or if revenue reaches or exceeds $800 million. This performance-based vesting aligns Goggins' interests with the long-term success of Forge Nano Holdings.
Company Background
Forge Nano Holdings, Inc. is incorporated in Delaware and operates within the special industry machinery sector, specifically classified under the Standard Industrial Classification code 3559. The company underwent a significant name change from ATII Holdings Inc. to Forge Nano Holdings, Inc. on May 1, 2026, following its business combination with Forge Nano, Inc.
Contact Information
Forge Nano Holdings is located at 12300 Grant Street, Suite 100, Thornton, CO 80241. The company can be reached via phone at 720-259-8579 for further inquiries or information regarding its operations and future plans.