Earl Scott - 11 Jan 2022 Form 4 Insider Report for AmeriCrew Inc. (ACRU)

Role: Chief People Officer, Director
Signature: /s/ Earl Scott
Issuer symbol: ACRU
Transactions as of: 11 Jan 2022
Transactions value $: $0
Form type: 4
Filing time: 28 Jan 2022, 15:02:28 UTC
Previous filing: 14 Feb 2022
Next filing: 14 Feb 2023
SEC: View on sec.gov

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	ACRU	Warrants	Award		+64,282			64,282	11 Jan 2022	Common Stock	64,282	$1.90	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to an Amended and Restated Consolidated Bridge Funding Promissory Note entered into by and among the Company's wholly-owned subsidiary, Americrew CE Services, LLC, and the lenders named therein including the Reporting Person, the Reporting Person was issued common stock purchase warrants of the Issuer as additional consideration for extending the due date of indebtedness payable to the Reporting Person.

Content

Pursuant to an Amended and Restated Consolidated Bridge Funding Promissory Note entered into by and among the Company's wholly-owned subsidiary, Americrew CE Services, LLC, and the lenders named therein including the Reporting Person, the Reporting Person was issued common stock purchase warrants of the Issuer as additional consideration for extending the due date of indebtedness payable to the Reporting Person.