Form 4: Esopus Creek Fund Boosts Stake in Nu Ride Inc.

Esopus Creek Value Series Fund LP Series A, a 10% owner and director, increased its direct beneficial ownership in Nu Ride Inc. by acquiring 40,000 shares of common stock.

Summary

• Esopus Creek Value Series Fund LP Series A, a director and 10% owner of Nu Ride Inc. (NRDE), acquired additional common stock.
• On December 16, 2025, the fund purchased 16,787 shares of common stock at a price of $1.41 per share.
• On December 17, 2025, an additional 23,213 shares of common stock were purchased at a price of $1.48 per share.
• Following these transactions, the fund directly beneficially owns a total of 763,000 shares of Nu Ride Inc. common stock.
• The reporting person disclaims ownership of these securities except to the extent of their pecuniary interest therein.

Sentiment

Score: 7

Explanation: The insider buying by a significant shareholder and director indicates a strong vote of confidence in the company's current valuation and future prospects, suggesting a positive sentiment.

Positives

• A significant insider, Esopus Creek Value Series Fund LP Series A, increased its stake in Nu Ride Inc. by 40,000 shares.
• The purchases were made at prices of $1.41 and $1.48 per share, indicating confidence at these valuation levels.
• The fund's total beneficial ownership now stands at 763,000 shares, reinforcing its commitment as a 10% owner and director.

Future Outlook

NA

Management Comments

• The reporting person disclaims ownership of these securities except to the extent of the reporting person's pecuniary interest therein.
• Andrew L. Sole, as the managing member of the general partner of the Reporting Person, is in a position to determine the investment and voting decisions made by the Reporting Person. Mr. Sole currently reports his holdings and transactions in the Issuer's securities in separate filings. Mr. Sole disclaims beneficial ownership of the securities covered by this statement except to the extent of the pecuniary interest of such person in such securities.

Industry Context

NA

Stakeholder Impact

• Shareholders: May view the insider buying as a positive signal, potentially increasing confidence and demand for the stock.
• Management: The increased stake by a director and 10% owner could align interests further and provide additional oversight.

Key Dates

Recommendation

The insider buying by a 10% owner and director is a positive signal, indicating confidence in Nu Ride Inc.'s valuation. While this suggests potential upside, a 'hold' recommendation is prudent without further fundamental analysis of the company's broader financial health and strategic initiatives beyond this single Form 4 filing. It signals a favorable internal view but doesn't inherently warrant an immediate 'buy' without more comprehensive data.

Keywords

Nu Ride Inc., NRDE, Esopus Creek Value Series Fund, Insider Buying, Form 4, Beneficial Ownership, Stock Acquisition, Director Purchase, 10% Owner