Golden Post Rail, LLC - 27 Jun 2024 Form 4 Insider Report for DYNARESOURCE INC (DYNR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jul 2024, 16:05:05 UTC
Prior SEC filing
30 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Golden Post Rail, LLC, By: /s/ Matthew K. Rose, manager

Key filing fact

Golden Post Rail, LLC filed Form 4 for DYNARESOURCE INC (DYNR) on 01 Jul 2024.

Key facts

  • This page summarizes Golden Post Rail, LLC's Form 4 filing for DYNARESOURCE INC (DYNR).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 01 Jul 2024, 16:05.

Change

  • Previous filing in this sequence was filed on 30 Jun 2022.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

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

DYNR transaction Derivative

Series E Convertible Preferred Stock

Purchase

Transaction value
$2,500,000
Shares
+1,552,795
Change %
Price
$1.61
Shares after
1,552,795
Date
27 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,552,795
Exercise price
$1.61
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

Represents shares of Series E Convertible Preferred Stock of DynaResource, Inc. (the "Issuer") issued by the Issuer to Golden Post Rail, LLC ("Golden Post") pursuant to the Stock Purchase Agreement, dated as of June 26, 2024, by and between Golden Post and the Issuer. The Shares of Series E Convertible Preferred Stock are convertible on a one-to-one basis into shares of common stock of the Issuer at any time, at the holder's election, and have no expiration date. The conversion price and the number of shares of common stock into which the shares of Series E Convertible Preferred Stock are convertible are subject to adjustments for stock splits, combinations, dividends and distributions.

Footnote F2

Matthew K. Rose is the Manager, President, Secretary and Treasurer of Golden Post and may be deemed to beneficially own the securities held by Golden Post. Mr. Rose disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Mr. Rose states that neither the filing of this statement nor anything herein shall be deemed an admission that Mr. Rose is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owner of these securities. As a result of certain contractual rights, the reporting persons may be deemed to be a director by deputization with respect to the Issuer.

Footnote F3

The reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the issuer or securities of the Issuer.

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