Form 4 for MRDN Meridian Holdings Inc./NV

Accepted 2024-08-28 00:00:00 ET · period of report 2024-06-17 · accession 0001477932-24-005357 · 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
D	2024-08-28	2024-06-17	MRDN	Milovanovic Aleksandar	10%, Member of 10% Reporting Group	J - Other	$3.00	+1.33M	71.15M	+2%	+$4.00M
D	2024-08-28	2024-06-17	MRDN	Milovanovic Aleksandar	10%, Member of 10% Reporting Group	P - Purchase	—	0	3.00M	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-06-17	J	A	1,333,333	$3.00	71,153,911	D	—	—	(F2) Excludes shares of common stock relating to the voting group described below under "Remarks".
2	Derivative	Deferred Cash Convertible Promissory Note	2024-06-17	P	A	—	$3,000,000.00	3,000,000	D	— · 2024-06-17 to 2025-12-17	— Common Stock	(F3) The Deferred Cash Convertible Promissory Note ("Convertible Note"), is convertible into shares of common stock of the Issuer, at any time, from time to time, at the option of the Reporting Person, based on a conversion price, determined at the option of the Reporting Person of either (A) (i) the average closing sales price of the Issuer's common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share (the "Conversion Price"). (F5) The maturity date of the Convertible Note is December 17, 2025.