Key facts
- This page summarizes Cohanzick Management, LLC's Form 3 filing for ENDI Corp. (ENDI).
- 0 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 22 Aug 2022, 21:43.
Cohanzick Management, LLC - 11 Aug 2022 Form 3 Insider Report for ENDI Corp. (ENDI)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ENDI
- Reported as of
- 11 Aug 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ David Sherman as Attorney-In-Fact for Cohanzick Management, LLC
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Cohanzick Management, LLC filed Form 3 for ENDI Corp. (ENDI) on 22 Aug 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ENDI
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,400,000
- Date
- 11 Aug 2022
- Ownership
- Direct
- Footnotes
- F1
ENDI
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,800,000
- Date
- 11 Aug 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ENDI
holding
Derivative
Class W-1 Warrants (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 11 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,800,000
- Exercise price
- $8.00
- Footnotes
- F1, F2, F3
ENDI
holding
Derivative
Class W-2 Warrants (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 11 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 250,000
- Exercise price
- $8.00
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The units of Cohanzick Management, LLC ("Cohanzick") are owned as follows: David Sherman owns 75.9764 units (71%); The David K. Sherman 1997 Family Trust owns 17.1524 units (16%); and the balance of the units are owned by certain employees of Cohanzick and other parties.
Footnote F2
Outstanding shares of the Issuer's Class B Common Stock shall be redeemed by the Issuer on a one-for-one basis for each share of the Issuer's Class A Common Stock issued upon the exercise of any Class W-1 Warrant. Each Class W-1 Warrant shall be automatically exercised on a "cashless" basis if not fully exercised prior to the expiration date, or August 11, 2027. Any shares of the Issuer's Class B Common Stock outstanding as of August 11, 2027 shall be redeemed by the Issuer pursuant to the terms of that certain Stockholder Agreement dated as of August 11, 2022 by and between the Issuer and Cohanzick. As such, the Reporting Person may not simultaneously vote both the Issuer's Class B Common Stock and the shares of Class A Common Stock underlying the Class W-1 Warrant at any given time.
Footnote F3
The Class B Common Stock only has voting rights and no economic rights. Accordingly, holders of the Issuer's Class B Common Stock are not entitled to receive any dividends or other distributions in cash, property, or shares of stock and will not be entitled to receive any assets of the Issuer in the event of any liquidation, dissolution or winding up of the Issuer's affairs.
SEC remarks
Exhibit List: Exhibit 24 - Power of Attorney