Form 4 for QXL QUANTUM X LABS INC.
Accepted 2025-03-21 00:00:00 ET · period of report 2024-06-18 · accession 0001493152-25-011072 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-03-21 | 2024-06-18 | QXL | Weiss Amitay | Dir | P - Purchase | $1.00 | +2,518 | 37.8K | +7% | +$2,518 |
| DI | 2025-03-21 | 2024-06-18 | QXL | Weiss Amitay | Dir | P - Purchase | $1.00 | +2,518 | 37.8K | +7% | +$2,518 |
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, par value $0.0001 per share | 2024-06-18 | P | A | 2,518 | $1.00 | 37,814 | I By Amitay Weiss Management Ltd. | — | — | (F1) The shares of common stock were issued by the Company to the reporting person upon the conversion of outstanding interest, at a conversion rate of $1.00, due under a loan provided by the reporting person pursuant to the facility agreement between the Company, the reporting person and the other lenders listed therein (the "Facility Agreement"). (F3) Includes (i) 27,778 shares of common stock, par value $0.0001 per shares that was previously issued to the reporting person and (ii) a warrant to purchase 5,000 shares of common stock, par value $0.0001 per share, that was previously issued by the Company to the reporting person, which is currently exercisable or exercisable within 60 days of March 21, 2025, held by Amitay Weiss Management Ltd. (F4) The reporting person is the officer, sole director, chairman of the board of directors and controlling shareholder of Amitay Weiss Management Ltd. |
| 2 | Derivative | Warrant to purchase common stock | 2024-06-18 | P | A | 2,518 | $1.00 | 37,814 | I By Amitay Weiss Management Ltd. | $1.00 · 2024-06-18 to 2027-06-18 | 2,518 Common Stock | (F2) The warrants to purchase common stock, par value $0.0001 per share was issued by the Company to the reporting person, upon the conversion of outstanding interest, at a conversion rate of $1.00 due under a loan provided by the reporting person pursuant to the Facility Agreement. (F3) Includes (i) 27,778 shares of common stock, par value $0.0001 per shares that was previously issued to the reporting person and (ii) a warrant to purchase 5,000 shares of common stock, par value $0.0001 per share, that was previously issued by the Company to the reporting person, which is currently exercisable or exercisable within 60 days of March 21, 2025, held by Amitay Weiss Management Ltd. (F4) The reporting person is the officer, sole director, chairman of the board of directors and controlling shareholder of Amitay Weiss Management Ltd. |