Filing Details
- Accession Number:
- 0001493152-20-006352
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-04-14 15:00:38
- Reporting Period:
- 2020-01-07
- Accepted Time:
- 2020-04-14 15:00:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1086082 | Cannapowder Inc. | CAPD | Pharmaceutical Preparations (2834) | 870626333 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1774451 | Marco Shai Cohen | Ben Guriun St #1, B.s.r Tower 2 Bnei Break L3 5120149 | Ceo And Chairman Of The Board | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2020-01-07 | 400,000 | $0.01 | 400,000 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-01-07 | 396,000 | $1.00 | 396,000 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2020-01-08 | 246,875 | $0.61 | 10,904,837 | No | 4 | P | Indirect | By MNSCO, LLC |
Common Stock | Acquisiton | 2020-01-08 | 41,650 | $1.80 | 10,946,487 | No | 4 | P | Indirect | By MNSCO, LLC |
Common Stock | Acquisiton | 2020-01-08 | 28,000 | $0.85 | 10,974,487 | No | 4 | P | Indirect | By MNSCO, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | P | Indirect | By MNSCO, LLC |
No | 4 | P | Indirect | By MNSCO, LLC |
No | 4 | P | Indirect | By MNSCO, LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Class E Common Stock Warrants (right to buy | Disposition | 2020-01-07 | 100,000 | $0.00 | 100,000 | $0.01 |
Common Stock | Class E Common Stock Warrants (right to buy) | Disposition | 2020-01-07 | 50,000 | $0.00 | 50,000 | $0.01 |
Common Stock | Class I Common Stock Warrants (right to buy) | Disposition | 2020-01-07 | 250,000 | $0.00 | 250,000 | $0.01 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2018-11-01 | 2022-11-01 | No | 4 | M | Direct |
0 | 2019-01-31 | 2022-01-31 | No | 4 | M | Direct |
0 | 2019-05-01 | 2021-05-01 | No | 4 | M | Direct |
Footnotes
- On January 7, 2020, Mr. Cohen exercised, via a cashless exercise, Series E warrants to acquire 150,000 shares of common stock of the issuer and Series I warrants to acquire 250,000 shares of common stock of the issuer, at the exercise price of $0.01 per share.
- In connection with the cashless exercise of Series E warrants and Series I warrants by Mr. Cohen, the issuer withheld 4,000 shares of its common stock to satisfy the exercise price, and issued to Mr. Cohen the remaining 396,000 shares. The volume weighted average price of the common stock was $1.00.
- The reported shares are held directly by MNSCO, LLC ("MNSCO"), a limited liability company, 50.1% of which is beneficially owned by Matthew Bronfman (through BA LLC, an entity wholly owned by Mr. Bronfman), and 49.9% of which is beneficially owned by Shai Cohen. Each of MNSCO and Mr. Cohen is the reporting person herein. Mr. Cohen is the sole manager of MNSCO, has voting and dispositive power of shares held by MNSCO and may be deemed to beneficially own the shares held by MNSCO. Mr. Cohen disclaims beneficial ownership of the shares owned by MNSCO except to the extent of his 49.9% pecuniary interest therein.