Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CLCN | Series A Convertible Preferred Stock | Feb 24, 2022 | Common Stock | 2.64M | Direct | F1, F2 | |||||||
holding | CLCN | Series A Convertible Preferred Stock | Feb 24, 2022 | Common Stock | 33.9M | Minds' Eye Innovation, Inc. | F1, F3, F4 |
Id | Content |
---|---|
F1 | Each share of Series A Convertible Preferred Stock has no expiration date, and is convertible immediately into 33.94971 shares of common stock at the option of the holder, and mandatorily at the option of the company under certain circumstances. Each share of Series A Convertible Preferred Stock is entitled to receive dividends and vote on an "as converted" basis with the common stock. |
F2 | Based on 77,803 shares of Series A Convertible Preferred Stock owned by Adam Potash. |
F3 | Based on 1,000,000 shares of Series A Convertible Preferred Stock owned by Minds' Eye Innovation, Inc. |
F4 | Adam Potash is the manager of Minds' Eye Innovation, Inc., and voting control over shares owned by Minds' Eye Innovation, Inc., and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by Minds' Eye Innovation, Inc., but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |