Key facts
- This page summarizes Funicular Funds, LP's Form 4 filing for ARCA biopharma, Inc. (ORKA).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 Jul 2022, 19:17.
Funicular Funds, LP - 01 Jul 2022 Form 4 Insider Report for ARCA biopharma, Inc. (ORKA)
- Reporting relationship
- Other*, 10%+ Owner
- Issuer ticker
- ORKA
- Reported as of
- 01 Jul 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 08 Jul 2022, 19:17:04 UTC
- Next SEC filing
- 19 Dec 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jacob Ma-Weaver
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Funicular Funds, LP filed Form 4 for ARCA biopharma, Inc. (ORKA) on 08 Jul 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
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.
ABIO
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- -2,580,452
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 2,580,452
- Date
- 01 Jul 2022
- Ownership
- By the Funicular Fund, LP
- Footnotes
- F1, F2
ABIO
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- +2,580,452
- Change %
- Price
- $0.000000
- Shares after
- 2,580,452
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ABIO
transaction
Derivative
Put Option
Other
- Transaction value
- $0
- Shares
- -14,500
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Jul 2022
- Ownership
- By the Funicular Fund
- Underlying class
- Common Stock
- Underlying amount
- 1,450,000
- Exercise price
- $2.50
- Footnotes
- F1, F2, F3
ABIO
transaction
Derivative
Put Option
Other
- Transaction value
- $0
- Shares
- +14,500
- Change %
- +1%
- Price
- $0.000000
- Shares after
- 1,450,000
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,450,000
- Exercise price
- $2.50
- Footnotes
- F1, F3
* 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
This Form 4 is filed by Funicular Funds, LP (the "Reporting Person" or the "Fund"). The Reporting Person, the Funicular Fund ("Funicular"), Cable Car Capital LLC ("Cable Car") and Jacob Ma- Weaver may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Person, Funicular and Cable Car and Mr. Ma-Weaver disclaim beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
Footnote F2
Represents securities directly owned by the Fund. Funicular, as a feeder fund to the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Cable Car, as the general partner of the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Mr. Ma-Weaver, as the Managing Member of Cable Car, may be deemed to beneficially own the securities directly owned by the Fund.
Footnote F3
The reported transactions involved a transfer of 2,580,452 shares of the Issuer's Common Stock and European-style put options referencing an aggregate of 1,450,000 Shares by Funicular to the Fund in a transaction exempt from Section 16, pursuant to Rule 16a-13 or otherwise.