Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | XLO | Series B convertible preferred stock | Oct 21, 2021 | Common stock | 166K | Direct | F1 |
Id | Content |
---|---|
F1 | The preferred stock is convertible into the Issuer's common stock at a ratio of 9.5 shares of preferred stock to 1 share of common stock at the holder's election and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering, for no additional consideration. |