Filing Details

Accession Number:
0001437749-22-012364
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-13 16:25:20
Reporting Period:
2022-05-11
Accepted Time:
2022-05-13 16:25:20
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
1186951 Tim Peterman 6740 Shady Oak Road
Eden Prairie MN 55344
Ceo Yes Yes 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 2022-05-11 32,573 $3.07 622,789 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 2022-05-11 32,573 $0.00 32,573 $2.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,573 No 4 P Direct
Footnotes
  1. Represents shares of common stock that the registrant has committed to purchase in a direct registered offering offering by the issuer, in which the registrant will be required to close the transaction, subject to customary closing conditions, within 180 days of the effective date of an amendment to the issuer's articles of incorporation to increase the number of authorized shares of the issuer's common stock to at least 40 million shares, which requires receipt of shareholder approval.
  2. Once issued, exercisable upon the effective date of an amendment to the issuer's articles of incorporation to increase the number of authorized shares of the issuer's common stock to at least 40 million shares (such date, the "Effective Date"), which requires receipt of shareholder approval (such approval, "Shareholder Approval"), until the earlier of (a) five years from the Effective Date and (b) six years from the date of warrant issuance.
  3. Represents warrants that are to be issued to the registrant within 180 days of the receipt of Shareholder Approval. The issuer committed to issue such warrants in connection with its direct registered offering.