Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SKVI | Debt Conversion Rights | Conversion of derivative security | $0 | +28.6M | +18514.15% | $0.00 | 28.8M | Jan 31, 2023 | Common Stock | 28.6M | $0.10 | Direct | F1 |
transaction | SKVI | Debt Conversion Rights (Warrant) | Conversion of derivative security | $0 | +14.3M | +49.73% | $0.00 | 43.1M | Jan 31, 2023 | Common Stock | 14.3M | $0.15 | Direct | F1 |
Id | Content |
---|---|
F1 | On January 31, 2023 the Issuer entered into a Debt Conversion Agreement with Mr. Howlett totaling $2,859,807. Under the terms of the Debt Conversion Agreement, Mr. Howlett has the right to convert the debt amount into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion. |