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

RiskOn International | 3:インサイダー登録報告書-執行役 Gintz Douglas

SEC announcement ·  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の最高技術責任者であるDouglas Gintz氏は、2024年2月6日にSECに対して証券の受益所有の初期報告書を提出しました。証券取引法第16条(a)の下で必要なファイリングは、Gintz氏がRiskOn InternationalのCシリーズ可換株式87.5株を取得したことを示しています。この取得は、Ault Alliance, Inc.、BitNile.com, Inc.、およびGintz氏を含む一定の少数株主が関係した株式交換契約の一環でした。Cシリーズ株式は、設定換算価格により一般株式に換算可能であり、受益所有制限が設けられており、株主承認の...すべて展開
RiskOn Internationalの最高技術責任者であるDouglas Gintz氏は、2024年2月6日にSECに対して証券の受益所有の初期報告書を提出しました。証券取引法第16条(a)の下で必要なファイリングは、Gintz氏がRiskOn InternationalのCシリーズ可換株式87.5株を取得したことを示しています。この取得は、Ault Alliance, Inc.、BitNile.com, Inc.、およびGintz氏を含む一定の少数株主が関係した株式交換契約の一環でした。Cシリーズ株式は、設定換算価格により一般株式に換算可能であり、受益所有制限が設けられており、株主承認の配当基準日の1日後に換算可能となります。換算権利は、Nasdaq Stock Marketの19.9%の受益所有規則にも株主承認なしで検証されます。また、Cシリーズ可換株式には有効期限がなく、換算価格はRiskOn Internationalの一定の条件、例えば資金調達イベントに応じて調整される可能性があります。
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