Key facts
- This page summarizes Hexagon Partners, Ltd.'s Form 4 filing for AiAdvertising, Inc. (AIAD).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 01 Feb 2024, 17:45.
Hexagon Partners, Ltd. - 30 Jan 2024 Form 4 Insider Report for AiAdvertising, Inc. (AIAD)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- AIAD
- Reported as of
- 30 Jan 2024
- Net transaction value
- +$2,500,000
- SEC form
- 4
- Accepted by SEC
- 01 Feb 2024, 17:45:31 UTC
- Prior SEC filing
- 20 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- Hexagon Partners, Ltd. By: Texas Star Management Company, LLC, its general partner By: Timothy M. Dunn, its managing member /s/ Timothy Dunn
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Hexagon Partners, Ltd. filed Form 4 for AiAdvertising, Inc. (AIAD) on 01 Feb 2024.
Change
- Previous filing in this sequence was filed on 20 Apr 2023.
- Current net transaction value: +$2,500,000.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AIAD
transaction
Derivative
Series I Preferred Stock
Purchase
- Transaction value
- $2,500,000
- Shares
- +892,857
- Change %
- +39%
- Price
- $2.80*
- Shares after
- 3,165,584
- Date
- 30 Jan 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 357,142,800
- Exercise price
- Footnotes
- F1, F2, 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
Each share of Series I Preferred Stock ("Preferred Stock") is convertible at the option of the holder into 400 shares of common stock of the Issuer ("Common Stock"), subject to adjustments. The Preferred Stock may be converted at any time and has no expiration date. Each share of Preferred Stock entitles its holder to cast the number of votes equal to the number of whole shares of Common Stock into which the shares of Preferred Stock held by such holder are then convertible as of the record date for determining stockholders entitled to vote on all matters presented to the holders of Common Stock for approval, voting together with the holders of Common Stock as one class. The rights and limitations of the Preferred Stock are as set forth in the Certificate of Designation of Preferences, Rights and Limitations of Preferred Stock filed by the Issuer with the Secretary of State of Nevada and included in a current report on Form 8-K filed with the SEC on April 11, 2023.
Footnote F2
On January 30, 2024, Hexagon Partners, Ltd., a Texas limited partnership ("Hexagon"), purchased from the Issuer 892,857 shares of Series I Preferred Stock at a purchase price of $2.80 per share of Series I Preferred Stock pursuant to the Amendment No. 1 to Securities Purchase Agreement dated January 30, 2024.
Footnote F3
Shares reported herein are held by Hexagon. Texas Star Management Company, LLC ("TSMC") is the general partner of Hexagon. Timothy M. Dunn is the managing member of TSMC. Accordingly, TSMC and Mr. Dunn may be deemed to share the right to direct the voting or disposition of the securities held directly by Hexagon and therefore may be deemed to beneficially own such securities. Each of TSMC and Mr. Dunn disclaim beneficial ownership of the securities held by Hexagon except to the extent of their pecuniary interest therein, if any.