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

Role
10%+ Owner
Signature
/s/ Frank Gillen
Stock symbol
MYCB
Transactions as of
Jan 17, 2024
Transactions value $
$0
Form type
3
Date filed
1/19/2024, 08:51 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MYCB Common Stock 3.82M Jan 17, 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 Jan 17, 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.