Key facts
- This page summarizes I-Tseng Jenny Chan's Form 4 filing for Agrify Corp (AGFY).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Nov 2024, 21:51.
I-Tseng Jenny Chan - 05 Nov 2024 Form 4 Insider Report for Agrify Corp (AGFY)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- AGFY
- Reported as of
- 05 Nov 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 07 Nov 2024, 21:51:04 UTC
- Prior SEC filing
- 24 Oct 2024
- Next SEC filing
- 03 Jan 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ I-Tseng Jenny Chan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
I-Tseng Jenny Chan filed Form 4 for Agrify Corp (AGFY) on 07 Nov 2024.
Change
- Previous filing in this sequence was filed on 24 Oct 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AGFY
transaction
Common Stock
Sale
- Transaction value
- Shares
- -67,997
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 05 Nov 2024
- Ownership
- By M Zion Capital, LLC
- Footnotes
- F1, F2, F3
AGFY
transaction
Common Stock
Sale
- Transaction value
- Shares
- -67,997
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 05 Nov 2024
- Ownership
- By M Olivet Capital, LLC
- Footnotes
- F1, F2, F3
AGFY
transaction
Common Stock
Sale
- Transaction value
- Shares
- -67,997
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 05 Nov 2024
- Ownership
- By M Cannan Capital, LLC
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AGFY
transaction
Derivative
Pre-Funded Warrants (right to buy)
Sale
- Transaction value
- Shares
- -5,069,162
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 05 Nov 2024
- Ownership
- By CP Acquisitions, LLC
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- $0.001000
- Footnotes
- F1, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On November 5, 2024, each of M Zion Capital, LLC, M Olivet Capital, LLC and M Cannan Capital, LLC, and CP Acquisitions, LLC ("CP Acquisitions"), an entity affiliated with and controlled by Raymond Chang, the former Chairman and Chief Executive Officer of the Issuer and by I-Tseng Jenny Chan, a former member of the Issuer's Board of Directors, entered into a purchase agreement whereby CP Acquisitions sold all of its non-derivative and derivative securities in Issuer to a third party purchaser. In connection with this transaction, the Reporting Person resigned from the board of the Issuer, effective November 5, 2024. Pursuant to this transaction, each of M Zion Capital, LLC, M Olivet Capital, LLC and M Cannan Capital, LLC sold all of its non-derivative and derivative securities in Issuer to a third party purchaser.
Footnote F2
M Zion Capital, LLC, M Olivet Capital, LLC and M Cannan Capital, LLC are entities controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F3
There was no per share purchase price, and the assets included other consideration aside from the Reporting Person's equity. The total purchase price paid by the buyer to all sellers was $18,280,000.00.
Footnote F4
CP Acquisitions is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.