Ole Abildgaard - 22 Aug 2023 Form 4 Insider Report for RENOVARO INC. (RENB)

Reporting relationship: 10%+ Owner
Issuer ticker: RENB
Reported as of: 22 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Feb 2024, 16:20:42 UTC
Prior SEC filing: 06 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Ole Abildgaard

Key filing fact

Ole Abildgaard filed Form 4 for RENOVARO INC. (RENB) on 20 Feb 2024.

Key facts

This page summarizes Ole Abildgaard's Form 4 filing for RENOVARO INC. (RENB).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 20 Feb 2024, 16:20.

Change

Previous filing in this sequence was filed on 06 Oct 2023.
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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RENB transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +3,436,190
Change %: +77%
Price
Shares after: 7,898,482
Date: 13 Feb 2024
Ownership: See Footnote
Footnotes: F1, F2

RENB transaction

Common Stock

Award

Transaction value: $0
Shares: +500,000
Change %: +7.2%
Price: $0.000000
Shares after: 7,398,482
Date: 03 Oct 2023
Ownership: See Footnote
Footnotes: F2

RENB transaction

Common Stock

Award

Transaction value: $0
Shares: +500,000
Change %: +7.8%
Price: $0.000000
Shares after: 6,898,482
Date: 22 Aug 2023
Ownership: See Footnote
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RENB transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -343,619
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 Feb 2024
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 3,436,190
Exercise price: $0.000000
Footnotes: 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

Ole Abildgaard 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

Shares of Series A Convertible Preferred Stock ("Preferred Stock") automatically converted into shares of common stock on a 1-for-10 basis pursuant to their terms upon the closing of the issuer's acquisition of GEDi Cube Int. Ltd. pursuant to that certain Stock Purchase Agreement, dated September 28, 2023, by and among the issuer, GEDi Cube Intl Ltd., the other sellers party thereto, and Yalla Yalla Ltd., in its capacity as the representative of the sellers.

Footnote F2

The reported securities are held directly by Paseco ApS. Ole Abildgaard, as Chief Executive Officer and sole shareholder of Paseco ApS, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Mr. Abildgaard also directly owns 5,000 shares of the common stock of the issuer.

Footnote F3

The Preferred Stock is convertible into common stock on a 1-for-10 basis.

Footnote F4

The Preferred Stock is perpetual and has no expiration date.