TODD R. WAGNER - 16 Jan 2024 Form 4 Insider Report for Innoveren Scientific, Inc. (IVRN)

Role
10%+ Owner
Signature
/s/ Todd R. Wagner
Issuer symbol
IVRN
Transactions as of
16 Jan 2024
Net transactions value
$0
Form type
4
Filing time
18 Jan 2024, 16:26:03 UTC
Previous filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVRN COMMON STOCK Conversion of derivative security +303,107 +728% 344,716 16 Jan 2024 See Footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IVRN SERIES A PREFERRED STOCK Conversion of derivative security $0 -303,107,000 -90% $0.000000 33,682,000 16 Jan 2024 COMMON STOCK 303,107 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Preferred Stock is convertible into common stock at a ratio of 1,000 Preferred for one common.
F2 Held directly by FWHC Bridge, LLC (Bridge), and indirectly by Todd R. Wagner, the sole manager of Bridge. Each of the reporting persons disclaims beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.