Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PMN | Common Shares, no par value | Purchase | +465K | +41.88% | 1.58M | Jul 31, 2024 | By Title 19 Promis | F1, F2 | ||
transaction | PMN | Common Shares, no par value | Conversion of derivative security | +500K | +31.73% | 2.08M | Jul 31, 2024 | By Title 19 Promis | F2, F3 | ||
holding | PMN | Common Shares, no par value | 48.3K | Jul 31, 2024 | By Title 19 Acies | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PMN | Tranche A Common Share Purchase Warrants | Purchase | +465K | 465K | Jul 31, 2024 | Common Shares | 465K | See footnote | F1, F2, F5 | ||||
transaction | PMN | Tranche B Common Share Purchase Warrants | Purchase | +465K | 465K | Jul 31, 2024 | Common Shares | 465K | See footnote | F1, F2, F6 | ||||
transaction | PMN | Tranche C Common Share Purchase Warrants | Purchase | +465K | 465K | Jul 31, 2024 | Common Shares | 465K | See footnote | F1, F2, F7 | ||||
transaction | PMN | Series 2 Preferred Shares, no par value | Conversion of derivative security | -500K | -100% | 0 | Jul 31, 2024 | Common Shares | 500K | See footnote | F2, F3 |
Id | Content |
---|---|
F1 | On July 31, 2024, Title 19 Promis acquired 465,116 units, each consisting of (a) one Common Share, (b) one Tranche A Common Share purchase warrant, (c) one Tranche B Common Share purchase warrant and (iv) one Tranche C Common Share purchase warrant, in a private placement the ("Offering") conducted by the Issuer. The purchase price for each Unit was $2.15 per Unit. |
F2 | By Title 19 Promis, a series of a Delaware limited liability company, of which the Reporting Person is the sole manager. |
F3 | The Series 2 Preferred Shares involuntarily converted into Common Shares at a 1:1 ratio upon the closing of the Offering, which was a cumulative qualified equity financing in excess of $14 million. |
F4 | By Title 19 Acies, a series of a Delaware limited liability company, of which the Reporting Person is the sole manager. |
F5 | Consists of 465,116 Tranche A purchase warrants, each exercisable to purchase one Common Share at an exercise price of $2.02 per warrant share. These warrants are immediately exercisable beginning on the date that approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market LLC (or any successor entity) from the shareholders of the Issuer with respect to the issuance of the Tranche A purchase warrants and the Common Shares upon the exercise thereof is received and deemed effective under Ontario law. These warrants expire on the earlier of (i) 18 months and (ii) within 60 days of the public announcement via press release or the filing of a Current Report on Form 8-K of 6-month data from the cohorts treated with single ascending doses of PMN310. |
F6 | Consists of 465,116 Tranche B purchase warrants, each exercisable to purchase one Common Share at an exercise price of $2.02 per warrant share. These warrants are immediately exercisable beginning on the date that such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market LLC (or any successor entity) from the shareholders of the Issuer with respect to the issuance of the Tranche B purchase warrants and the Common Shares upon the exercise thereof is received and deemed effective under Ontario law. These warrants expire on the earlier of (i) 30 months and (ii) within 60 days of the public announcement via press release or the filing of a Current Report on Form 8-K of 12-month data from the cohorts treated with single ascending doses of PMN310. |
F7 | Consists of 465,116 Tranche C purchase warrants, each exercisable to purchase one Common Share at an exercise price of $2.50 per warrant share. These warrants are currently exercisable and expire on July 31, 2029. |