Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRKR | Common Stock | Conversion of derivative security | $1M | +5.71M | +18.39% | $0.18 | 36.8M | Oct 11, 2023 | By affiliate | F1, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRKR | Convertible Debenture | Conversion of derivative security | -$1M | 0 | Oct 11, 2023 | Common Stock | 5.71M | $0.18 | By affiliates | ||||
holding | CRKR | Series D Preferred Stock | 22.8M | Oct 11, 2023 | Series Preferred Stock | 22.8M | By affiliates | F2 | ||||||
holding | CRKR | Warrant | 2.43M | Oct 11, 2023 | Warrant | 2.43M | By affiliates | F2 | ||||||
holding | CRKR | Warrant | 14.3M | Oct 11, 2023 | Warrant | 14.3M | By affiliates | F3 |
Id | Content |
---|---|
F1 | On 10/11/23, Bristol Investment Fund, Ltd. ("BIF") converted the principal amount of $1,000,000 of an amended and restated convertible debenture issued by the Issuer on 5/3/23 at $0.175 per share into 5,714,286 shares of common stock of the Issuer. |
F2 | BIF holds 3,985.36 shares of Series D Preferred Stock (with stated value of $1,000 per share), convertible at $0.175 per share, a Series D "A" warrant for 1,231,483 shares (expires May 2028) and a Series D "B" warrant for 1,213,483 shares (expires May 2024). |
F3 | Mr. Kessler has voting and dispositive control over the following securities: (i) 25,810,197 shares of common stock held by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") (managed by Bristol Capital Advisors, LLC, a Delaware LLC), (ii) 10,976,011 shares of common stock held by Bristol Capital, LLC, a Delaware LLC ("BC"), (iii) 3,985.36 shares of Series D Preferred Stock held by BIF, (iv) a Series D "A" warrant for 1,231,483 shares of common stock and a Series D "B" warrant for 1,213,483 shares of common stock held by BIF, and (v) a warrant to purchase a total of 14,285,714 shares of common stock of the Issuer, half of which expire in May 2024 with the other half expiring in May 2028, held by BIF. |