Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | QDMI | Common Stock | Purchase | $972K | +120M | +7556.2% | $0.01 | 122M | Feb 1, 2023 | See Footnote 1 | F1 |
transaction | QDMI | Common Stock | Conversion of derivative security | +1.35M | +566.32% | 1.59M | May 17, 2021 | Direct | F2 | ||
transaction | QDMI | Common Stock | Award | +1.67K | +0.71% | 238K | Nov 11, 2020 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | QDMI | Series C Convertible Preferred Stock | Conversion of derivative security | -368K | -40.9% | 532K | May 17, 2021 | Common Stock | 1.35M | Direct | F2 |
Id | Content |
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F1 | On February 1, 2023, HW FUND purchased 120,000,000 shares of common stock for a purchase price of $972,000 in a public offering of the issuer (or 12,000,000 shares of common stock without giving effect to the forward stock split of all issued and outstanding common stock of the issuer at a ratio of 1-for-10 effected in April 2024 (the "2024 Forward Split"). |
F2 | On May 17, 2021, Mr. Zheng converted 368,114 shares of Series C convertible preferred stock to 1,349,760 shares of common stock of the issuer where one share of Series C convertible preferred stock converted into approximately 3.67 shares of common stock (or 4,049,254 shares of common stock without giving effect of the reverse stock split of all issued and outstanding common stock of the Issuer at a ratio of 30-for-1 effected in August 2021 (the "2021 Reverse Split") and 2024 Forward Split (together with the 2021 Reverse Split, the "Stock Splits"). |
F3 | On November 11, 2020, the board of directors of the issuer approved the issuance of 1,670 shares of common stock to Mr. Zheng as compensation for his service to the issuer as its Chief Executive Officer and chairman of the board of directors (or 5,000 shares of common stock without giving effect to the Stock Splits). |