AIM ImmunoTech (AIM) director gets Series G preferred and 50,000 warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AIM ImmunoTech director David I. Chemerow reported new derivative holdings tied to a rights offering. He now holds 25 shares of Series G Convertible Preferred Stock, each with a stated value of $1,000 and convertible into 1,000 shares of common stock, issued through a subscription right in a rights offering.
He also reported 50,000 Class G Warrants, each exercisable for one share of common stock at an exercise price of $1.00, likewise issued as part of a subscription right in a rights offering. Following these transactions, he directly holds 3,441 shares of common stock, alongside the preferred shares and warrants.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
CHEMEROW DAVID I.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series G Convertible Preferred Stock | 25 | $25,000.00 | $625K |
| Other | Class G Warrants | 50,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series G Convertible Preferred Stock — 25 shares (Direct);
Class G Warrants — 50,000 shares (Direct);
Common Stock — 3,441 shares (Direct)
Footnotes (1)
- Each share has a stated value of $1,000 and is convertible into 1,000 shares of common stock and was issued as part of a subscription right issued in a rights offering. n/a - Preferred shares are perpetual. Each warrant is exercisable for one share of common stock at an exercise price of $1.00 per share and was issued as part of a subscription right issued in a rights offering.
FAQ
What did AIM ImmunoTech (AIM) director David Chemerow report in this Form 4?
Director David I. Chemerow reported new derivative holdings. He holds 25 shares of Series G Convertible Preferred Stock and 50,000 Class G Warrants, both issued as subscription rights in a rights offering, plus 3,441 shares of common stock held directly.
What are the terms of AIM ImmunoTech’s Series G Convertible Preferred Stock for David Chemerow?
Chemerow holds 25 Series G Convertible Preferred shares. Each has a stated value of $1,000 and is convertible into 1,000 shares of AIM ImmunoTech common stock, issued to him as part of a subscription right in a rights offering.
What Class G Warrants does AIM ImmunoTech (AIM) director David Chemerow hold?
Chemerow reported 50,000 Class G Warrants. Each warrant is exercisable for one share of AIM ImmunoTech common stock at an exercise price of $1.00 per share and was issued as part of a subscription right in a rights offering.