Conviction
$ Value
$0
Shares
4,231
Price
$0
Filed
May 9
▶ Why this score? (8/10)
- ✓ Open market buy (+3)
- ✓ C-suite insider (+2)
- ✓ Cluster: 5 insiders buying (+2)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
Byam Rebecca
Title
Chief Financial Officer
CIK
0001866256
Roles
Transaction Details
Transaction Date
2025-05-07
Code
P
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
4,231
Footnotes
These shares are being issued as a portion of and pursuant to the Company entering into a definitive conversion agreement on May 1, 2025, with a conversion date of May 7, 2025, along with 13 other holders of $6.6 million of the outstanding principal of the Secured Notes to convert the Secured Notes for an aggregate of 253,083 shares of the Company's Common Stock at a conversion price of $26.00 per share (on a post-reverse split basis), issuance of an aggregate of 126,540 warrants each exercisable for one share of Common Stock at an exercise price of $26.00 per share (on a post-reverse split basis), and a portion of the 2,174,311 shares of Wugen Inc. common stock held by the Company.
Filing Info
Other Insiders at HCWB (90d)
No other insider activity at this issuer in the last 90 days.