Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMFL | Series B Preferred Stock | Purchase | $10K | +45 | $223.00* | 45 | May 26, 2023 | Common Stock | Direct | F1, F2, F5 | |||
transaction | SMFL | Series B Preferred Stock | Purchase | $240K | +1.08K | +2391.11% | $223.00* | 1.12K | May 26, 2023 | Common Stock | Direct | F1, F3, F5 | ||
transaction | SMFL | Series B Preferred Stock | Purchase | $150K | +673 | +60.04% | $223.00* | 1.79K | May 30, 2023 | Common Stock | Direct | F1, F4, F5 |
Id | Content |
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F1 | Each share of Series B Preferred Stock is convertible at the option of the reporting person into such number of shares of Common Stock determined by dividing the stated value of $223.00 per share by the conversion price on such conversion date. The conversion price is initially equal to $2.23 per share, subject to standard adjustments for stock splits, stock combinations, stock dividends, reclassifications, mergers, consolidations, reorganizations and similar transactions (subject to certain beneficial ownership limitations). |
F2 | The reporting person received the shares of Series B Preferred Stock in exchange for the cancellation of deferred board fees owed to the reporting person in the amount of $16,500, or for approximately $223 per share. |
F3 | The reporting person received the shares of Series B Preferred Stock in exchange for the cancellation of debt owed to the reporting person in the amount of $239,950, or for approximately $223 per share. |
F4 | The reporting person received the shares of Series B Preferred Stock in exchange for the cancellation of debt owed to the reporting person in the amount of $150,000, or for approximately $223 per share. |
F5 | The Series B Preferred Stock has no expiration date. |