Alkiviades David - 23 Jul 2021 Form 4 Insider Report for ARVANA INC (AVNI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Aug 2021, 16:42:43 UTC
Prior SEC filing
25 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alkiviades David

Key filing fact

Alkiviades David filed Form 4 for ARVANA INC (AVNI) on 25 Aug 2021.

Key facts

  • This page summarizes Alkiviades David's Form 4 filing for ARVANA INC (AVNI).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Aug 2021, 16:42.

Change

  • Previous filing in this sequence was filed on 25 Aug 2021.
  • 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.

AVNI transaction

Common Stock, Par Value $0.001 Per Share

Other

Transaction value
Shares
+28,488,336
Change %
+1083%
Price
Shares after
31,118,506
Date
23 Jul 2021
Ownership
Voting Control
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

On July 23, 2021, proxies were granted in favor of Reporting Person, by extension or origination, over 28,488,336 shares of Issuer's common stock by Mr. Altaf Nazerali, two entities controlled by him and certain other stockholders of the Issuer, for a total of 31,118,506 shares or 91.13% of the total issued and outstanding common shares of Issuer under the voting control of Reporting Person. All proxies conveyed to Reporting Person are irrevocable by those who granted the proxies for fourteen (14) months subsequent to June 30, 2021.

Footnote F2

Voting control over the aforesaid common shares of the Issuer was granted to the Reporting Person to induce Reporting Person to cause an operating asset or business owned or controlled by Reporting Person to enter into a business transaction with the Issuer.

Footnote F3

Pursuant to Commission Rule 13d-3, the Reporting Person does not have legal title to the underlying common shares but may be considered for purposes of the Rule as the beneficial owner of securities over which he has voting power through the stated proxies.

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