Filing Details
- Accession Number:
- 0001493152-24-030078
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2024-08-02 16:05:37
- Reporting Period:
- 2024-07-31
- Accepted Time:
- 2024-08-02 16:05:37
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1584693 | Healthcare Integrated Technologies Inc. | HITC | Services-Amusement & Recreation Services (7900) | 463052781 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1729489 | Platinum Equity Advisors, Llc | 1462 Rudder Lane Knoxville TN 37919 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2023-07-31 | 6,983,343 | $0.11 | 6,983,343 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2023-07-31 | 4,719,500 | $0.10 | 6,983,343 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Holdings | 11,664,854 | Direct |
Footnotes
- On July 31, 2023, the Board of Directors of the issuer approved the issuance of 6,983,343 shares of common stock to the Platinum Equity Advisors, LLC ("Platinum") as payment for accrued compensation owed to its Manager as of July 31, 2023 under the Manager's Employment Agreement with the issuer dated March 13, 2018. The shares were issued to Platinum pursuant to an Assignment of Rights to Compensation agreement between Platinum and the Manager dated May 1, 2021.
- On July 31, 2023, the Board of Directors of the issuer approved the issuance of 4,719,500 shares of common stock to Platinum as partial payment for fees owed to Platinum as of July 31, 2023 under a Non-Employee Chief Executive Officer Engagement Agreement dated May 1, 2021.