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 | Mar 25, 2024 | Held by Zenith Partners Ltd. | F1 |
Id | Content |
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F1 | The Reporting Person is Chief Executive Officer and 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 an executive officer and director of Zenith Energy, he may be deemed to have shared voting and dispositive power over the Series A Preferred Shares. |