Garrett Gruener - Jun 25, 2021 Form 4 Insider Report for NANOMIX Corp (NNMX)

Role
Director, 10%+ Owner
Signature
/s/ Garrett Gruener
Stock symbol
NNMX
Transactions as of
Jun 25, 2021
Transactions value $
$2,054,567
Form type
4
Date filed
9/21/2022, 12:09 PM
Previous filing
Sep 21, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNMX Common Stock Conversion of derivative security +25.2M 25.2M Mar 2, 2022 Direct F3
transaction NNMX Common Stock Purchase $18.20 +32 +0% $0.57 25.2M Aug 18, 2022 Direct
transaction NNMX Common Stock Purchase $1.19K +2.97K +0.01% $0.40 25.2M Aug 19, 2022 Direct
transaction NNMX Common Stock Purchase $540 +1.5K +0.01% $0.36 25.2M Aug 22, 2022 Direct
transaction NNMX Common Stock Purchase $4.6K +11.5K +0.05% $0.40 25.2M Aug 22, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NNMX Senior Secured Convertible Promissory Note Other $1.6M $1.6M Jun 25, 2021 Common Stock 135M $0.01 Direct F1
transaction NNMX Common Stock Purchase Warrants Other +135M 135M Jun 25, 2021 Common Stock 135M $0.01 Direct F1
transaction NNMX Senior Secured Convertible Promissory Note Purchase $444K $2.05M Feb 28, 2022 Common Stock 37.3M $0.01 Direct F2
transaction NNMX Common Stock Purchase Warrants Purchase +37.3M +27.71% 172M Feb 28, 2022 Common Stock 37.3M $0.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 25, 2021, Reporting Person exchanged a promissory note in the principal amount of $1,603,778 for (i) a senior secured convertible note for an aggregate principal amount of $1,603,778 (the "June 2021 Note") and (ii) a warrant to purchase 134,771,261 shares of the Issuer's common stock (the "June 2021 Warrant"). The June 2021 Note matures on June 25, 2023. The June 2021 Note is convertible at any time into shares of the Issuer's common stock equal to $0.0119 (the "Conversion Price"). The June 2021 Warrant is exercisable at any time into shares of common stock equal to $0.0119 (the "Exercise Price"). On March 2, 2022, the Conversion Price and Exercise Price were adjusted to $2.0587 upon consummation of the Issuer's previously announced reverse split. The Conversion Price and Exercise Price were again amended to $1.1717 in March 2022. At any time during any Event of Default, the Conversion Price in effect may be equal to the Alternative Conversion Price (as defined in the Note).
F2 On February 28, 2022, Reporting Person was issued (i) a senior secured convertible note of the Issuer for an aggregate principal amount of $444,444 (the "February 2022 Note") and (ii) a warrant to purchase 37,348,235 shares of the Issuer's common stock (the "February 2022 Warrant") for an aggregate purchase price of $400,000. The February 2022 Note matures on February 28, 2024. The February 2022 Note is convertible at any time into shares of the Issuer's common stock at the Conversion Price. The June 2021 Warrant is exercisable at any time into shares of the Issuer's common stock at the Exercise Price. On March 2, 2022, the Conversion Price and Exercise Price were adjusted to $2.0587 upon consummation of the Issuer's previously announced reverse split. The Conversion Price and Exercise Price were again amended to $1.1717 in March 2022. At any time during the continuance of any Event of Default, the Conversion Price in effect may be equal to the Alternative Conversion Price.
F3 On March 2, 2022, the Reporting Person's Series C Preferred Stock automatically converted into an aggregate of 25,160,338 shares of the Issuer's common stock upon consummation of the Issuer's previously announced reverse stock split.