Agri-Fintech Holdings, Inc.'s Form 4/A amendment
AmendedTingo Group, Inc. (TIO) · filed Oct 25, 2023
- Accession no.
- 0001712543-23-000073
- Filed
- Oct 25, 2023
- Trade date
- Nov 30, 2022-Oct 13, 2023
- Filing delay
- 329 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Oct 16, 2023
This filing lists 1 non-derivative transaction and 1 derivative transaction. Open-market sales total $9.00M. It was filed 329 days after the trade.
This filing was later replaced by the amendment 0001712543-23-000079 (Nov 13, 2023). Trade tables on this site use the amended version.
This amendment replaces 0001712543-23-000068 (filed Oct 16, 2023).
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 |
|---|---|
| Agri-Fintech Holdings, Inc.CIK 0001648365 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 13, 2023 | Common Stock | SSaleDisposed | −10,000,000 | $0.90 | −$9,000,000 | 41,826,483 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Nov 30, 2022 | Common Stock | JOtherAcquired | +336,872,138 | $3.09 | +$104,093.48 | 33,687.21 | 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
Amended to include Series B Preffered Stock of the Issuer which, upon the occurence of certain conditions, is convertible into 336,872,138 shares of common stock. The Series B Preffered Stock was received by the Reporting Person in connection with the closing, on November 30, 2022, of that certain Second Amended and Restated Agreement and Plan of Merger, dated October 6, 2022, among the Issuer, the Reporting Person, and representatives of the shareholders of each of the Issuer and the Reporting Person.
- F2
Conversion price is determined by reference to the consideration received in connection within the transactions contemplated by the Merger Agreement. Although the Form requires a conversion price to be stated, no cash payment is required to convert the Series B Preferred Stock.