Form 4 for LNAI Lunai Bioworks Inc.
Accepted 2024-02-20 00:00:00 ET · period of report 2023-08-22 · accession 0001213900-24-015328 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-02-20 | 2023-08-22+ | LNAI | Abildgaard Ole | 10% | A - Grant | $0.00 | +1.00M | 6.90M | +17% | $0 |
| DI | 2024-02-20 | 2024-02-13 | LNAI | Abildgaard Ole | 10% | C - Cnv Deriv | — | +3.44M | 7.90M | +77% | — |
| DI | 2024-02-20 | 2024-02-13 | LNAI | Abildgaard Ole | 10% | C - Cnv Deriv | $0.00 | -343.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-10-03 | A | A | 500,000 | $0.00 | 7,398,482 | I See Footnote | — | — | (F2) The reported securities are held directly by Paseco ApS. Ole Abildgaard, as Chief Executive Officer and sole shareholder of Paseco ApS, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Mr. Abildgaard also directly owns 5,000 shares of the common stock of the issuer. |
| 2 | Common | Common Stock | 2023-08-22 | A | A | 500,000 | $0.00 | 6,898,482 | I See Footnote | — | — | (F2) The reported securities are held directly by Paseco ApS. Ole Abildgaard, as Chief Executive Officer and sole shareholder of Paseco ApS, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Mr. Abildgaard also directly owns 5,000 shares of the common stock of the issuer. |
| 3 | Common | Common Stock | 2024-02-13 | C | A | 3,436,190 | — | 7,898,482 | I See Footnote | — | — | (F1) Shares of Series A Convertible Preferred Stock ("Preferred Stock") automatically converted into shares of common stock on a 1-for-10 basis pursuant to their terms upon the closing of the issuer's acquisition of GEDi Cube Int. Ltd. pursuant to that certain Stock Purchase Agreement, dated September 28, 2023, by and among the issuer, GEDi Cube Intl Ltd., the other sellers party thereto, and Yalla Yalla Ltd., in its capacity as the representative of the sellers. (F2) The reported securities are held directly by Paseco ApS. Ole Abildgaard, as Chief Executive Officer and sole shareholder of Paseco ApS, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Mr. Abildgaard also directly owns 5,000 shares of the common stock of the issuer. |
| 4 | Derivative | Series A Convertible Preferred Stock | 2024-02-13 | C | D | 343,619 | $0.00 | 0 | I See Footnote | $0.00 · 2023-08-01 to — | 3,436,190 Common Stock | (F2) The reported securities are held directly by Paseco ApS. Ole Abildgaard, as Chief Executive Officer and sole shareholder of Paseco ApS, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Mr. Abildgaard also directly owns 5,000 shares of the common stock of the issuer. (F3) The Preferred Stock is convertible into common stock on a 1-for-10 basis. (F4) The Preferred Stock is perpetual and has no expiration date. |