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RiskOn International | 3: Initial statement of beneficial ownership of securities-Officer Gintz Douglas

RiskOn International | 3:首次持股声明-高管 Gintz Douglas

美股sec公告 ·  02/06 18:33
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Douglas Gintz, the Chief Technology Officer of RiskOn International, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on February 6, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates that Gintz acquired 87.50 shares of RiskOn International's Series C Convertible Preferred Stock. This acquisition was part of a Share Exchange Agreement involving Ault Alliance, Inc., BitNile.com, Inc., and certain minority shareholders, including Gintz. The Series C shares, which are convertible into common stock at a rate determined by a set conversion price, are subject to beneficial ownership limitations and are not convertible until one day after a record date for shareholder approval. The conversion rights are also contingent on the Nasdaq Stock Market's 19.9% beneficial ownership rule without shareholder approval. The filing also notes that the Series C Convertible Preferred Stock has no expiration date and that the conversion price may be adjusted under certain conditions, such as a qualified financing event for RiskOn International.
Douglas Gintz, the Chief Technology Officer of RiskOn International, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on February 6, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates that Gintz acquired 87.50 shares of RiskOn International's Series C Convertible Preferred Stock. This acquisition was part of a Share Exchange Agreement involving Ault Alliance, Inc., BitNile.com, Inc., and certain minority shareholders, including Gintz. The Series C shares, which are convertible into common stock at a rate determined by a set conversion price, are subject to beneficial ownership limitations and are not convertible until one day after a record date for shareholder approval. The conversion rights are also contingent on the Nasdaq Stock Market's 19.9% beneficial ownership rule without shareholder approval. The filing also notes that the Series C Convertible Preferred Stock has no expiration date and that the conversion price may be adjusted under certain conditions, such as a qualified financing event for RiskOn International.
RiskON International首席技术官道格拉斯·金茨于2024年2月6日向美国证券交易委员会提交了初步的证券实益所有权声明。根据1934年《证券交易法》第16(a)条的要求,该文件表明,金茨收购了Riskon InternationalC系列可转换优先股的87.50股。此次收购是涉及Ault Alliance, Inc.、Bitnile.com公司和包括Gintz在内的某些少数股东的股票交换协议的一部分。C系列股票可按设定的转换价格确定的利率转换为普通股,受实益所有权限制,并且要等到创纪录的股东批准日期后的第二天才能兑换。转换权还取决于纳斯达克股票市场未经股东批准的19.9%的受益所有权规则。该文件还指出,C系列可转换优先股没有到期日,转换价格可能会在某些条件下进行调整,例如RiskON International的合格融资活动。
RiskON International首席技术官道格拉斯·金茨于2024年2月6日向美国证券交易委员会提交了初步的证券实益所有权声明。根据1934年《证券交易法》第16(a)条的要求,该文件表明,金茨收购了Riskon InternationalC系列可转换优先股的87.50股。此次收购是涉及Ault Alliance, Inc.、Bitnile.com公司和包括Gintz在内的某些少数股东的股票交换协议的一部分。C系列股票可按设定的转换价格确定的利率转换为普通股,受实益所有权限制,并且要等到创纪录的股东批准日期后的第二天才能兑换。转换权还取决于纳斯达克股票市场未经股东批准的19.9%的受益所有权规则。该文件还指出,C系列可转换优先股没有到期日,转换价格可能会在某些条件下进行调整,例如RiskON International的合格融资活动。
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