Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THMO | Common Stock | Conversion of derivative security | $3M | +10.6M | +610.36% | $0.28 | 12.3M | Jun 28, 2022 | Held by Boyalife Asset Holding II, Inc. | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THMO | Second Amended and Restated Convertible Note | Conversion of derivative security | -$3M | $7.7M | Jun 28, 2022 | Common Stock | 10.6M | $0.28 | Held by Boyalife Asset Holding II, Inc. | F1 |
Id | Content |
---|---|
F1 | On June 28, 2022, Boyalife Asset Holding II, Inc. converted an aggregate of $3,000,000 of outstanding principal and interest under a Second Amended and Restated Convertible Promissory Note issued by Issuer in April 2018. After giving effect to the conversion, as of the date of this Form 4, there was $7,000,000 in principal and approximately $700,000 in accrued interest outstanding under the Convertible Promissory Note, all of which is convertible at a current conversion price of $0.2843 per share, subject to downward adjustment in the event that the Issuer issues shares of common stock at a lower price. Boyalife Asset Holding II, Inc. is 100% owned by Boyalife Group, Inc., which is 100% owned by Dr. Xiaochun Xu. |