Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMC | Common Shares | Award | $9M | +4.5M | +7.97% | $2.00 | 61M | Jan 30, 2024 | ERAS Capital LLC | F1, F2 |
holding | TMC | Common Shares | 76.1K | Jan 30, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMC | Class A Warrants (right to buy) | Award | +2.25M | 2.25M | Jan 30, 2024 | Common Shares | 2.25M | $3.00 | ERAS Capital LLC | F1, F2 |
Id | Content |
---|---|
F1 | Each common share was purchased together with an accompanying Class A warrant to purchase 0.5 of a common share in a registered direct offering directly from the issuer in accordance with Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended, at a combined offering price of $2.00 per common share and accompanying warrant. |
F2 | The securities are held directly by ERAS Capital LLC ("ERAS"). Andrei Karkar is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. Andrei Karkar disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein. |