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Garnett Keithly's Form 4/A amendment

Amended

Neonc Technologies Holdings, Inc. (NTHI) · filed Jun 5, 2025

Accession no.
0001213900-25-051689
Filed
Jun 5, 2025
Trade date
Mar 26, 2025
Filing delay
71 days
Rule 10b5-1 plan
Not checked
Original filed
Mar 28, 2025

This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $164.4K. It was filed 71 days after the trade.

This amendment replaces 0001213900-25-030066 (filed Apr 8, 2025).

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.

Reporting owners on this filing
OwnerRelationship to the company
Garnett KeithlyCIK 0001997371Director, Officer (CFO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 26, 2025Common StockJOtherDisposed−687–F2–37,231Indirect
Mar 26, 2025Common StockXIn-the-money exerciseAcquired+13,438$12.00+$161,25650,669Indirect
Mar 26, 2025Common StockSSaleDisposed−6,450$25.00−$161,25044,219Indirect
Mar 26, 2025Common StockSSaleDisposed−166$19.13−$3,175.5844,053Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 26, 2025Common StockXIn-the-money exerciseDisposed−13,438$0.00$00Indirect

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

Transfer of shares of common stock held by HCWG LLC ("HCWG") pursuant to agreement. Reporting Person is the sole member of the direct holder of the shares. See also footnote 3.

F2

Not applicable. Number of shares transferred was based on a per share value of $18.

Referenced by the price of 1 transaction in Table I.

F3

Reporting Person owns such shares by virtue of being the sole member of The Hilkiah Group LLC, which holds a 4.3% interest in HCWG. HCWG is the direct holder of Issuer's shares.

F4

On 3/26/2025, in conjunction with Issuer's initial listing on Nasdaq, HCWG exercised a warrant to purchase 312,500 shares of Issuer's common stock at $12 per share. HCWG paid the exercise price on a cashless basis, resulting in Issuer's withholding 150,000 of the warrant shares to pay the exercise price and issuing to HCWG the remaining 162,500 shares of common stock. Number of shares reported herein as acquired and disposed of by the Reporting Person represents Reporting Person's indirect interest in HCWG.

F5

In connection with HCWG's cashless exercise of the warrant described herein, Reporting Person paid his proportionate share of the exercise price on a cashless basis. Reporting Person's proportionate withholding from shares issued to HCWG totaled 6,450 warrant shares to pay the exercise price.

F6

Not applicable.

Remarks

This Form 4 Amendment is being filed to clarify that the sale of shares referenced in Row 3 of Table I was to the Issuer resulting from the cashless exercise of the warrant and no monetary consideration was received by any party therefor. See footnote 5.

Read the full filing on SEC EDGAR (opens in a new tab)