Filing Details
- Accession Number:
- 0001437749-20-008151
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-04-21 20:49:30
- Reporting Period:
- 2020-04-17
- Accepted Time:
- 2020-04-21 20:49:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 870826 | Imedia Brands Inc. | IMBI | Retail-Catalog & Mail-Order Houses (5961) | 411673770 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1775677 | Michael Friedman | 6740 Shady Oak Road Eden Prairie MN 55344-3433 | Yes | No | No | 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 | 2020-04-17 | 651,444 | $2.06 | 911,045 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants (right to buy) | Acquisiton | 2020-04-17 | 122,399 | $0.00 | 122,399 | $2.66 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2020-04-17 | 61,199 | $0.00 | 61,199 | $2.66 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2020-04-17 | 61,199 | $0.00 | 61,199 | $2.66 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2020-04-17 | 122,399 | $0.00 | 122,399 | $2.66 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2020-04-17 | 75,578 | $0.00 | 75,578 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 122,399 | 2020-10-17 | 2025-04-14 | No | 4 | P | Direct |
| 61,199 | 2020-11-23 | 2025-04-14 | No | 4 | P | Direct |
| 61,199 | 2020-12-13 | 2025-04-14 | No | 4 | P | Direct |
| 122,399 | 2021-01-11 | 2025-04-14 | No | 4 | P | Direct |
| 75,578 | 2020-07-11 | 2025-04-14 | No | 4 | P | Direct |
Footnotes
- Consists of: (ii) 242,341 shares of Common Stock purchased in the first tranche pursuant to the Common Stock and Warrant Purchase Agreement, dated April 14, 2020, by and between the Issuer and the Purchasers listed therein (the "Purchase Agreement"), which closed on April 17, 2020; (ii) 121,170 shares of Common Stock to be purchased in the second tranche pursuant to the Purchase Agreement, which is set to close on May 23, 2020; (iii) 121,170 shares of Common Stock to be purchased in the third tranche pursuant to the Purchase Agreement, which is set to close on June 13, 2020; and (iv) 166,763 shares of Common Stock to be purchased in the fourth tranche pursuant to the Purchase Agreement, which is set to close on July 11, 2020 (which assumes that the 19.999% blocker limitation set forth in the Purchase Agreement will be implicated and that 75,578 blocker warrants will be issued in lieu of shares of Common Stock which will be immediately exercisable with an exercise price of $0.001).
- After taking into account the 1-for-10 reverse stock split effective December 11, 2019.
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