Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EAST | Series F-1 Convertible Preferred Stock | Award | +122K | 122K | Oct 7, 2024 | Common Stock | 122K | $0.50 | Direct | F1, F2 | |||
transaction | EAST | Series F Convertible Preferred Stock | Award | +16.3M | 16.3M | Oct 7, 2024 | Common Stock | 16.3M | $0.50 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents Series F-1 Convertible Preferred Stock ("Series F-1") under a merger agreement, as amended under which the Issuer acquired Beeline Financial Holdings, Inc. (the "Merger"). Votes on an as-converted basis with the holders of common stock on all matters except as noted in footnote (3). The Series F-1 is not convertible until shareholder approval noted in footnote (3). |
F2 | The preferred stock is perpetual and therefore has no expiration date. |
F3 | Represents Series F Convertible Preferred Stock ("Series F") issued in the Merger. Convertible into shares of the Issuer's common stock and only may vote following the first trading day following shareholder approval and increase in authorized common stock. Assumes conversion within 60 days from the Transaction Date. |