Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | CYAP | Series A Super Voting Preferred Stock, par value $0.001 | 100K | Aug 23, 2023 | Held by Zenith Partners Ltd. | F1 |
Id | Content |
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F1 | The Reporting Person is a director of Zenith Energy Ltd., a British Columbia, Canada corporation ("Zenith Energy"). Zenith Energy owns all 100,000 issued and outstanding shares of Series A Super Voting Preferred Stock (the "Series A Preferred Shares"). The Series A Preferred Shares entitle the holder thereof to 100,000 votes per Series A Preferred Share and vote together with the Issuer's Common Stock as a single class on all matters presented to stockholders. The Series A Preferred Shares do not have a dividend or liquidation preference. are not convertible into shares of the Issuer's Common Stock and afford Zenith Energy 99.87% of the voting power of the Issuer. As the Reporting Person is a director of Zenith Energy, he may be deemed to have shared voting and dispositive power over the Series A Preferred Shares. |