Filing Details

Accession Number:
0001493152-20-014379
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-31 17:18:42
Reporting Period:
2020-07-23
Accepted Time:
2020-07-31 17:18:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1644488 Sharing Services Global Corp SHRG Paperboard Containers & Boxes (2650) NY
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
771999 Document Security Systems Inc 200 Canal View Boulevard, Suite 104
Rochester NY 14623
No No 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
Class A Common Stock Acquisiton 2020-07-23 30,000,000 $0.08 62,417,593 No 4 P Indirect By Decentralized Sharing Systems, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Decentralized Sharing Systems, Inc.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants Acquisiton 2020-07-23 10,000,000 $0.20 10,000,000 $0.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000,000 2020-07-23 2023-07-23 No 4 P Indirect
Footnotes
  1. On July 23, 2020, Chan Heng Fai Ambrose, the Chairman of the Board of the Reporting Person, assigned to the Reporting Person a Stock Purchase and Share Subscription Agreement by and between Mr. Chan and Sharing Services Global Corporation (the "Issuer"), pursuant to which the Reporting Person purchased 30,000,000 shares of Class A Common Stock (the "Shares") and 10,000,000 warrants to purchase Class A Common Stock (the "Warrants" and, collectively, the Shares together with the Warrants, the "Securities"). The Warrants immediately vested and may be exercised at any time commencing on the date of issuance and ending three (3) year from such date. The Securities are also subject to a one (1) year trading restriction pursuant to the terms of a Lock-Up Agreement entered into between Mr. Chan and the Company and assigned to the Reporting Person.
  2. Through the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation.