| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SGN | Common Stock | Conversion of derivative security | $1,650,000 | +660,000 | +2211% | $2.50 | 689,851 | 16 Nov 2023 | By Nelson Revocable Living Trust | F1, F2 |
| transaction | SGN | Common Stock | Purchase | $100,000 | +20,000 | $5.00 | 20,000 | 16 Nov 2023 | By Nelson Revocable Living Trust | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SGN | 6% Convertible Unsecured Promissory Note | Conversion of derivative security | $1,500,000 | 0 | 16 Nov 2023 | Common Stock | 660,000 | $2.50 | By Nelson Revocable Living Trust | F1, F2 |
| Id | Content |
|---|---|
| F1 | These shares were issued pursuant to the automatic conversion of a 6% Convertible Unsecured Promissory Note (the "Note") upon the consummation of the initial public offering ("IPO") and the listing of the common stock of the issuer on November 16, 2023. All accrued interest on the principal subject to such conversion was waived in accordance with the terms of the Note. Pursuant to a settlement notice, the number of shares of common stock issued upon conversion of the Note was the amount that would be applicable as if the principal under the Note had been increased to 110% of the outstanding principal. |
| F2 | The reporting person is a co-trustee of Nelson Revocable Living Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. |
| F3 | These shares were purchased by Nelson Revocable Living Trust from the underwriters in the IPO. See footnote 2 for the reporting person's relationship to Nelson Revocable Living Trust. |