Key facts
- This page summarizes Scott Cox's Form 4 filing for VERDE BIO HOLDINGS, INC..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 May 2024, 21:43.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Disposed to Issuer
Additional SEC filing notes
Section 16 status
Scott Cox is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 11, 2023 and amended as of February 8, 2024, by and between the Issuer, SensaSure Technologies Inc., a Nevada corporation ("SSTC"), and Formation Minerals Inc., a Nevada corporation and a direct, wholly owned subsidiary of SSTC, the shares of the Issuer's common stock, par value $0.001 per share, outstanding immediately prior to the effective time of the merger were exchanged for shares of common stock of SSTC, par value $0.01 per share, on a 300.47:1 basis, having a fair market value of $0.75 per share on the effective date of the merger.
Footnote F2
The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
Footnote F3
Pursuant to the Merger Agreement, shares of the Issuer's Series A preferred stock, par value $0.001 per share, outstanding immediately prior to the effective time of the merger were exchanged for shares of class A convertible preferred stock of SSTC, par value $0.01 per share ("SSTC Class A Preferred Stock"), on a 300.47:1 basis, having a fair market value of $0.75 per share. Each share of Class A Preferred Stock is convertible at any time, at the holder's election, into one share of Common Stock and is entitled to 100,000 votes per share and votes together with the holder of Common Stock and other shares of the Issuer's preferred stock as a single class.