Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | PMNT | Common Stock | 3.99M | Apr 2, 2025 | See footnote | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | PMNT | Series AA Preferred Stock | Apr 2, 2025 | Common Stock | 862K | See footnote | F1, F2 |
Id | Content |
---|---|
F1 | Kahala 19 LLC ("Kahala 19") directly holds the securities reported herein. Kahala 19 is managed by Vantage 19 LLC. Reeve Benaron is the sole manager of Vantage 19 LLC and has ultimate voting and dispositive control over the securities held by Kahala 19 LLC. |
F2 | Reporting Person is the beneficial holder of 172,399 shares of Series AA Preferred Stock which has no expiration date and is convertible, at holder's option at any time without payment of additional consideration into 861,995 shares of common stock. Issuer has the right to force automatic conversion of Series AA Preferred Stock after the date which is 6 months after the Original Issue Date if the Closing Sales Price of the common shares equals or exceeds 200% of the Original Issue Price and the average trading volume exceeds 200,000 shares for at least 20 trading days in accord with the Certificate of Designations filed with the Delaware Secretary of State on March 28, 2025. |