Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TALS | Common Stock | Conversion of derivative security | +2.99M | 2.99M | May 11, 2021 | By Longitude Venture Partners III, L.P. | F1, F2 | |||
transaction | TALS | Common Stock | Purchase | $4M | +235K | +7.87% | $17.00 | 3.22M | May 11, 2021 | By Longitude Venture Partners III, L.P. | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TALS | Series A Preferred Stock | Conversion of derivative security | $0 | -1.31M | -100% | $0.00* | 0 | May 11, 2021 | Common Stock | 1.31M | By Longitude Venture Partners III, L.P. | F1, F2 | |
transaction | TALS | Series A-1 Preferred Stock | Conversion of derivative security | $0 | -1.27M | -100% | $0.00* | 0 | May 11, 2021 | Common Stock | 1.27M | By Longitude Venture Partners III, L.P. | F1, F2 | |
transaction | TALS | Series B Preferred Stock | Conversion of derivative security | $0 | -406K | -100% | $0.00* | 0 | May 11, 2021 | Common Stock | 406K | By Longitude Venture Partners III, L.P. | F1, F2 |
Id | Content |
---|---|
F1 | Each share of Series A Preferred Stock converted into common stock on a 1-for-5.35 basis automatically upon the closing of the Issuer's initial public offering. Each share of Series A-1 Preferred Stock converted into common stock on a 1-for-5.35 basis automatically upon the closing of the Issuer's initial public offering. Each share of Series B Preferred Stock converted into common stock on a 1-for-5.35 basis automatically upon the closing of the Issuer's initial public offering. The Series A Preferred Stock, Series A-1 Preferred Stock and Series B Preferred Stock had no expiration date. |
F2 | These shares are held by Longitude Venture Partners III, L.P ("LVP III"). Longitude Capital Partners III, LLC ("LCP III") is the general partner of LVP III and may be deemed to have voting and investment power over the shares held by LVP III. Patrick G. Enright and Juliet Tammenoms Bakker are managing members of LCP III and may be deemed to share voting and investment power with respect to the shares held by LVP III. Each of LCP III, Mr. Enright and Ms. Tammenoms Bakker disclaims beneficial ownership of such shares and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein. |
F3 | On May 11, 2021, LVP III purchased 235,000 shares of Common Stock of the Issuer at a price of $17.00 per share pursuant to an underwritten public offering. |