Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THRN | Common Stock | Conversion of derivative security | +13.5M | +622.82% | 15.7M | Sep 29, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THRN | Series E Convertible Preferred Stock | Conversion of derivative security | -13.5M | -99.58% | 56.5K | Sep 29, 2021 | Common Stock | 13.5M | Direct | F1, F3, F4 |
Id | Content |
---|---|
F1 | Each share of the Issuer's Series E Preferred Stock automatically converted into one (1) share of the Issuers Common Stock immediately upon the closing of the Issuer's initial public offering. The shares had no expiration date. |
F2 | Includes Class A Common Stock which are renamed as Common Stock, immediately prior to the completion of the Issuer's initial public offering of Common Stock. |
F3 | The Series E Convertible Preferred Stock is convertible into Common Stock on a 1 for 1 basis and shall be automatically converted into shares of Common Stock at the then effective conversion price upon the closing of the Issuer's initial public offering. |
F4 | Represents fully vested and exercisable Warrants to purchase the Issuer's common stock, previously reported on the Reporting Person's Form 3 dated 09/22/2021. |