Wellington Hadley Harbor Aggregator IV, L.P. 3
3 · Beta Bionics, Inc. · Filed Jan 29, 2025
Insider Transaction Report
Form 3
Holdings
Series E Preferred Stock
→ Class B Common Stock (2,901,599 underlying)
Footnotes (2)
- [F1]Each share of Series E Preferred Stock (the "Preferred Stock") is convertible into shares of Class B Common Stock of the Issuer on a one-for-one basis without payment of further consideration. Upon the closing of the Issuer's initial public offering (the "IPO"), the Preferred Stock will convert into the number of shares of Class B Common Stock of the Issuer shown in column 3 and subsequently into an equal number of shares of Common Stock of the Issuer. The Preferred Stock has no expiration date.
- [F2]In accordance with the Issuer's Amended and Restated Certificate of Incorporation, the Issuer's outstanding shares of Class B Common Stock will convert into an equal number of shares of Common Stock immediately prior to the closing of the IPO.