Filing Details
- Accession Number:
- 0001104659-23-089830
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-10 16:30:15
- Reporting Period:
- 2023-08-08
- Accepted Time:
- 2023-08-10 16:30:15
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1691436 | Section 32 Fund 1, Lp | 169 University Avenue Palo Alto CA 94301 | No | No | Yes | No | |
1691437 | Section 32 Gp 1, Llc | 169 University Avenue Palo Alto CA 94301 | No | No | Yes | No | |
1722210 | J William Maris | 169 University Avenue Palo Alto CA 94301 | 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 | Disposition | 2023-08-08 | 297,771 | $5.73 | 2,588,232 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- On January 5, 2023, the Issuer effected a 1-for-32 reverse stock split of its Class A Common Stock (the "Reverse Stock Split"). As a result of the Reverse Stock Split, every 32 shares of Class A Common Stock issued or outstanding were automatically reclassified into one validly issued, fully-paid and nonassessable new share of Class A Common Stock, with no fractional shares issued.
- The reported securities are held of record by Section 32 Fund 1, LP ("Fund 1"). Section 32 GP 1, LLC (the "GP"), the general partner of Fund 1, and William J. Maris, the managing member of the GP, may be deemed to share voting and dispositive power over the shares held by Fund 1. Such persons and entities disclaim the existence of a "group" and beneficial ownership of shares held by Fund 1 except to the extent of any pecuniary interest therein.