Frank Gillen - 17 Jan 2024 Form 3 Insider Report for My City Builders, Inc. (MYCB)

Role: 10%+ Owner
Signature: /s/ Frank Gillen
Issuer symbol: MYCB
Transactions as of: 17 Jan 2024
Net transactions value: $0
Form type: 3
Filing time: 19 Jan 2024, 20:51:06 UTC
Next filing: 22 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MYCB	Common Stock						3,822,714	17 Jan 2024	Direct

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
holding	MYCB	Series A Preferred Stock							17 Jan 2024	Common Stock			Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Series A Preferred Stock is exercisable at a 25% discount to the next qualified financing of at least $1,000,000 by the company. Mr. Gillen acquired 33,334 Series A Preferred stock in exchange for 33,334 shares of common stock of RAC Real Estate and Acquisition Corp., which was acquired for $166,666.