Key facts
- This page summarizes Bradley James Parscale's Form 3 filing for AiAdvertising, Inc. (AIAD).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Apr 2023, 17:00.
Bradley James Parscale - 11 Apr 2023 Form 3 Insider Report for AiAdvertising, Inc. (AIAD)
- Reporting relationship
- Member of 10% owner group(*)
- Issuer ticker
- AIAD
- Reported as of
- 11 Apr 2023
- Net transaction value
- $0
- Reporting owner signature
- By: Bradley Parscale /s/ Bradley Parscale
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Bradley James Parscale filed Form 3 for AiAdvertising, Inc. (AIAD) on 20 Apr 2023.
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.
AIAD
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,000,000
- Date
- 11 Apr 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AIAD
holding
Derivative
Series D Preferred Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 11 Apr 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 215,052,500
- Exercise price
- 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 1 footnote
Footnote F1
Each share of Series D Preferred Stock has a stated value of $100 and is convertible into 2,500 shares of Common Stock, subject to adjustments. The Series D Preferred Stock may be converted by the holder at any time upon 90 days' notice and has no expiration date. The rights and limitations of the Series D Preferred Stock are as set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series D Preferred Stock filed by the Issuer with the Secretary of State of Nevada and included in a current report on Form 8-K filed by the Issuer with the SEC on August 2, 2017.
SEC remarks
* On April 11, 2023, pursuant to a securities purchase agreement between Hexagon Partners, Ltd. ("Hexagon") and the Issuer (the "SPA"), Hexagon purchased 2,272,727 shares of Series I Preferred Stock (the "Preferred Stock"). Each share of Series I Preferred Stock is convertible at the option of the holder into 400 shares of common stock of the Issuer ("Common Stock"). Accordingly, Hexagon, its general partner Texas Star Management Company, LLC ("TSMC"), and TSMC's manager Timothy Dunn reported on Schedule 13D voting power of 40.6% of the Issuer's Common Stock. Mr. Parscale is not a party to the SPA but has consulted with Hexagon, TSMC, and Mr. Dunn with respect to the transactions contemplated by the SPA. Mr. Parscale holds 5,000,000 shares of Common Stock he received from the conversion of Series D Preferred Stock. Mr. Parscale expressly disclaims beneficial ownership of the securities held by Hexagon.