3//SEC Filing
Case Western Reserve University 3
Accession 0000899243-20-033008
CIK 0000836564other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:15 PM ET
Size
6.3 KB
Accession
0000899243-20-033008
Insider Transaction Report
Form 3
Case Western Reserve University
10% Owner
Holdings
Series B Convertible Voting Preferred Stock
→ Common Stock (401,392,950 underlying)
Footnotes (3)
- [F1]On August 19, 2020, Mosaic ImmunoEngineering Inc. (f/k/a Patriot Scientific Corporation) (the "Issuer") entered into a stock purchase agreement (the "Stock Purchase Agreement") among PTSC Sub One Inc., Mosaic ImmunoEngineering Inc., and certain stockholders of Mosaic ImmunoEngineering Inc. set for therein (including Case Western Reserve University) pursuant to which, among other things, Case Western Reserve University was issued 70,000 shares of Series B Convertible Voting Preferred Stock in a private placement in connection with the sale of all of the securities of Mosaic ImmunoEngineering Inc.
- [F2](Continued from Footnote 1) Such Series B Convertible Voting Preferred Stock could only be converted to Common Stock of the Issuer following the earlier of (A) the adoption of an amended and restated certificate of incorporation of the Issuer, which provides for, among other things, a sufficient number of shares of Common Stock authorized and available for issuance upon conversion of the shares of Series B Convertible Voting Preferred Stock or (B) the occurrence of a liquidation event as defined in the Certificate of Designation of Rights, Preferences and Limitations of the Series B Convertible Voting Preferred Stock.
- [F3]Each share of the Series B Convertible Voting Preferred Stock shall (a) convert into 5,734.185 shares of common stock of the Issuer, (b) possess full voting rights, on an as-converted basis, as the common stock of the Issuer, (c) have no dividend rate, and (d) shall possess certain anti-dilution protections.
Documents
Issuer
Mosaic ImmunoEngineering Inc.
CIK 0000836564
Entity typeother
IncorporatedOH
Related Parties
1- filerCIK 0001732073
Filing Metadata
- Form type
- 3
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 4:15 PM ET
- Size
- 6.3 KB