Key facts
- This page summarizes Nguyen Hoang van's Form 3 filing for Vemanti Group, Inc. (VMNT).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Apr 2024, 11:30.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
Each share of Series A Preferred Stock has the right to ten (10) votes per each share of the Issuer's common stock, par value $0.0001 per share ("Common Stock")
Footnote F2
Series B Convertible Preferred Stock is not convertible until April 1, 2025, pursuant to the terms of a Lock-Up Agreement between Mr. Nguyen and the Issuer, subject to (i) early release upon the Company up-listing to a national securities exchange, and (ii) certain limited permitted transfers where the recipient takes the securities subject to the restrictions in the Lock-Up Agreement.
Footnote F3
The Series B Convertible Preferred Stock has no expiration date.
Footnote F4
Each share of Series B Convertible Preferred Stock is currently convertible into 26 shares of Common Stock. This reflects the maximum number of shares of Common Stock that may be issued upon conversion of all shares of Series B Convertible Preferred Stock currently owned by the Reporting Person. However, the Series B Convertible Preferred Stock may not be converted if such conversion would result in the Reporting Person beneficially owning more than 9.99% of the total number of shares of Common Stock outstanding at the time of such conversion, unless otherwise approved by a majority of the Issuer's board of directors.
SEC remarks
Mr. Nguyen was appointed to the Issuer's board of directors, but the appointment will become effective on April 19, 2024.