Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IVVD | Common Stock | Conversion of derivative security | +9.24M | 9.24M | Aug 10, 2021 | Direct | F1, F2 | |||
transaction | IVVD | Common Stock | Purchase | $33.9M | +2M | +21.6% | $17.00* | 11.2M | Aug 10, 2021 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IVVD | Series A Preferred Stock | Conversion of derivative security | $0 | -1.25M | -100% | $0.00* | 0 | Aug 10, 2021 | Common Stock | 6.25M | Direct | F1, F2 | |
transaction | IVVD | Series B Preferred Stock | Conversion of derivative security | $0 | -176K | -100% | $0.00* | 0 | Aug 10, 2021 | Common Stock | 882K | Direct | F1, F2 | |
transaction | IVVD | Series C Preferred Stock | Conversion of derivative security | $0 | -423K | -100% | $0.00* | 0 | Aug 10, 2021 | Common Stock | 2.11M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each share of Series A Preferred Stock, Series B Preferred Stock, and Series C Preferred Stock automatically converted, without payment of additional consideration, into 5 shares of Common Stock immediately prior to the closing of the Issuer's initial public offering of its Common Stock and had no expiration date. |
F2 | These shares are held of record by Mithril II LP ("II LP"). Mithril II UGP LLC ("UGP II") is the general partner of Mithril II GP LP ("GP II") and GP II is the general partner of II LP. Ajay Royan ("Royan"), a member of the Issuer's board of directors, is the sole managing member of UGP II and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by II LP. Peter Thiel ("Thiel") and Royan are the members of the investment committee of GP II. The investment committee makes all investment decisions with respect to shares held by II LP and may be deemed to have shared voting, investment and dispositive power with respect to such shares. Each of UGP II, GP II, Thiel and Royan disclaims beneficial ownership of the shares held by II LP, except to the extent of their respective pecuniary interests therein, if any. |