Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | UTRS | SERIES D REDEEMABLE CONVERTIBLE PREFERRED STOCK | Oct 21, 2021 | COMMON STOCK | 884K | Direct | F1 | |||||||
holding | UTRS | SUBORDINATED SECURED CONVERTIBLE PROMISSORY NOTES | Oct 21, 2021 | COMMON STOCK | 593K | Direct | F2 |
Id | Content |
---|---|
F1 | The Series D Redeemable Convertible Preferred Stock is convertible into common stock on a 1-for-1 basis into the number of shares of common stock as shown in Column 3, which gives effect to the issuer's reverse stock split effected October 14, 2021, at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering without payment of further consideration. These shares have no expiration date. |
F2 | The Subordinated Secured Convertible Promissory Notes convert into preferred stock, which converts into common stock on a 1-for-1 basis into the number of shares of common stock as shown in Column 3, which gives effect to the issuer's reverse stock split effected October 14, 2021, automatically upon the closing of the Issuer's initial public offering without payment of further consideration. The notes have a maturity date of June 30, 2023. |