DST Capital LLC - Apr 6, 2023 Form 4 Insider Report for Biostage, Inc. (BSTG)

Role
10%+ Owner
Signature
/s/ Joseph Damasio, by power of attorney
Stock symbol
BSTG
Transactions as of
Apr 6, 2023
Transactions value $
$375,000
Form type
4
Date filed
4/10/2023, 05:00 PM
Previous filing
Dec 9, 2022
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSTG Common Stock Purchase $375K +62.5K +1.71% $6.00 3.73M Apr 6, 2023 Direct F1
holding BSTG Common Stock 30.7K Apr 6, 2023 Owned by sole member of reporting person

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSTG Warrants (right to buy) Other $0 +110K +366.67% $0.00 140K Apr 6, 2023 Common Stock 110K $2.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2023, the Issuer and the Reporting Person entered into a securities purchase agreement pursuant to which on April 6, 2023 the Reporting Person acquired 62,500 shares of the Issuer's common stock, $0.01 par value (the "Shares") from the Issuer in a private placement. The aggregate subscription amount paid by the Reporting Person for the Shares was $375,000.
F2 These warrants were transferred by the Reporting Person to two unaffiliated persons.