Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BEEP | Common Stock | Conversion of derivative security | $6.6M | +1.8M | $3.67 | 1.8M | Dec 31, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BEEP | Series 2 Convertible Preferred Stock | Conversion of derivative security | $0 | -6.6K | -100% | $0.00* | 0 | Dec 31, 2023 | Common Stock | 1.8M | $3.67 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Shares of Series 2 Convertible Preferred Stock ("Series 2 Preferred Stock") do not have an expiration date. |
F2 | Includes 163,487 shares of the Issuer's common stock issuable upon conversion of 600 shares of Series 2 Preferred Stock issued as payment-in-kind dividends on December 31, 2023 (the "Dividends"). As holders of Series 2 Preferred Stock had no choice to receive the Dividends in cash rather than in shares of Series 2 Preferred Stock, the receipt of shares of Series 2 Preferred Stock issued as the Dividends (and immediately thereafter converted into the Issuer's common stock) has not separately been reported in reliance on Rule 16a-9(a) of the Securities Exchange Act of 1934, as amended. |