Post Road Special Opportunity Fund II LP's Form 4 filing
Digerati Technologies, Inc. (DTGI) · filed Dec 20, 2021
- Accession no.
- 0001213900-21-066422
- Filed
- Dec 20, 2021, 5:15 PM ET
- Trade date
- Dec 20, 2021
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 derivative transaction. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Post Road Special Opportunity Fund II LPCIK 0001822322 | 10% Owner |
| Bogdan MichaelCIK 0001832835 | 10% Owner |
| Post Road Group LPCIK 0001833090 | 10% Owner |
| Post Road SOF GP II LLCCIK 0001833549 | 10% Owner |
| Davis Kevin C.CIK 0001834134 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 20, 2021 | Common Stock | SSaleDisposed | −4,702,715 | –F1 | – | 66,057,958 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On December 20, 2021, Post Road Special Opportunity Fund II LP (the "Fund") assigned to Post Road Special Opportunity Fund II Offshore LP (the "Offshore Fund") approximately 6.65% of a warrant (the "Warrant") previously issued by Digerati Technologies, Inc. (the "Issuer") to the Fund. The approximately 6.65% of the Warrant so assigned by the Fund to the Offshore Fund is exercisable into 4,702,715 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock"), at any time at the holder's election at an exercise price of $0.01 per share and has an expiration date of November 17, 2030.
Referenced by the price of 1 transaction in Table II.