Key facts
- This page summarizes WHITEBOX ADVISORS LLC's Form 4 filing for HYCROFT MINING HOLDING CORP (HYMC).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Mar 2022, 15:31.
WHITEBOX ADVISORS LLC - 08 Mar 2022 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- HYMC
- Reported as of
- 08 Mar 2022
- Net transaction value
- -$7,243,931
- SEC form
- 4
- Accepted by SEC
- 10 Mar 2022, 15:31:12 UTC
- Prior SEC filing
- 12 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- Whitebox Advisors LLC By: /s/ Daniel Altabef, Title: Deputy Chief Compliance Officer & Legal Counsel
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
WHITEBOX ADVISORS LLC filed Form 4 for HYCROFT MINING HOLDING CORP (HYMC) on 10 Mar 2022.
Change
- Previous filing in this sequence was filed on 12 Nov 2021.
- Current net transaction value: -$7,243,931.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HYMC
transaction
Class A Common Stock, $0.0001 par value
Sale
- Transaction value
- $7,228,751
- Shares
- -7,817,401
- Change %
- -91%
- Price
- $0.9247
- Shares after
- 735,117
- Date
- 08 Mar 2022
- Ownership
- See Footnotes
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HYMC
transaction
Derivative
Warrant
Sale
- Transaction value
- $15,180
- Shares
- -137,252
- Change %
- -100%
- Price
- $0.1106
- Shares after
- 0
- Date
- 08 Mar 2022
- Ownership
- See Footnotes
- Underlying class
- Class A Common Stock, $0.0001 par value
- Underlying amount
- 137,252
- Exercise price
- $11.50
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
WHITEBOX ADVISORS LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
These securities are directly owned by certain private investment funds (the "Private Funds") and may be deemed to be beneficially owned by (a) Whitebox Advisors LLC by virtue of its role as the investment manager of the Private Funds, and (b) Whitebox General Partner LLC by virtue of its role as the general partner of the Private Funds.
Footnote F2
Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F3
Each Warrant, also known as a PIPE Warrant (as defined in the Issuer's 8-K12B filed on June 4, 2020 (the "8-K12B")), gives the holder thereof the right to purchase one share of common stock, subject to certain exceptions. The PIPE Warrants have an initial exercise price of $11.50 per share of Class A Common Stock. The PIPE Warrants became exercisable on June 28, 2020 and expire May 29, 2025 or earlier upon their redemption or the liquidation of the Issuer.
Footnote F4
Once exercisable, the PIPE Warrants may be redeemed, at a price of $0.01 per warrant, if the last sale price of the Class A Common Stock equals or exceeds $18.00 per share for any 20 trading days within a 30 trading day period ending on the third business day before the notice of redemption is sent to the warrant holders. The foregoing description of the PIPE warrants does not purport to be complete and are subject to and qualified in their entirety by reference to the Warrant Agreement included as Exhibit 4.3 of the Issuer's 8-K12B filed on June 4, 2020, which is incorporated by reference.