Sukhtian Ghiath M. 4
4 · Outlook Therapeutics, Inc. · Filed May 28, 2025
Insider Transaction Report
Form 4
Sukhtian Ghiath M.
Director10% Owner
Transactions
- Award
Common Stock
2025-05-27$1.40/sh+4,285,714$6,000,000→ 13,552,359 total(indirect: See footnote) - Award
Warrants (right to buy)
2025-05-27+8,571,428→ 8,571,428 total(indirect: See footnote)Exercise: $1.40From: 2025-05-27Exp: 2030-05-27→ Common Stock (8,571,428 underlying)
Footnotes (3)
- [F1]Acquired in an underwritten public offering, pursuant to which Outlook Therapeutics, Inc. (the "Issuer") sold shares of common stock, and, for each such share of common stock, accompanying warrants to purchase two shares of common stock, at a purchase price of $1.40 per share and accompanying warrant.
- [F2]These securities are held of record by GMS Ventures and Investments ("GMS Ventures"). Ghiath M. Sukhtian ("Ghiath Sukhtian"), a natural person, is the holder of a controlling interest in GMS Ventures. GMS Ventures has designated two representatives to serve on the Issuer's board of directors. Therefore, each of GMS Ventures and Ghiath Sukhtian may be deemed a director by deputization.
- [F3]By virtue of the relationships described above in Footnote 2, Ghiath Sukhtian may be deemed to have voting and investment power with respect to the securities held by GMS Ventures noted above and as a result may be deemed to beneficially own such securities for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Persons disclaim beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons are the beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.