Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | FLES | Series C Preferred Stock | Nov 29, 2018 | Common Stock | 6.26B | $2.63 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The shares of Series C Preferred Stock are convertible at any time by the holder as long as they are outstanding. |
F2 | Based on the outstanding shares as of December 21, 2018 as reported in the Company's Quarterly Report on 10-Q filed on December 26, 2018. |
F3 | The Series C Preferred Stock have the right to convert into the common stock of the Company by multiplying the number of issued and outstanding shares of common stock by 2.63 on the conversion date. |