Initial Statement of Beneficial Ownership of Securities

This filing reports the initial beneficial ownership of Class A Common Shares by Daniel Thomas Torpey, who is a director at MDB Capital Holdings, LLC. The filing indicates that Mr. Torpey directly owns 7,100 shares following the transaction. The report was filed on May 8, 2026, with the period of report being June 17, 2025. MDB Capital Holdings, LLC is the issuer, trading under the symbol MDBH.