4//SEC Filing
Veldman Raynard 4
Accession 0001099910-22-000171
CIK 0001043894other
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 4:33 PM ET
Size
6.2 KB
Accession
0001099910-22-000171
Insider Transaction Report
Form 4
Veldman Raynard
Director
Transactions
- Award
6% Unsecured Convertible Promissory Note
2022-08-23$90000.00/sh→ 0 totalExercise: $0.06→ Common Stock (1,500,000 underlying)
Footnotes (1)
- [F1]On August 23, 2022 Enviro Technologies U.S., Inc. (the "Company") entered into a Share Exchange Agreement (the "Agreement") with Banner Midstream Corp., a Delaware corporation ("Banner Midstream") and Ecoark Holdings, Inc., a Nevada corporation and the sole shareholder of Banner Midstream. The Agreement contains customary representations and warranties, customary covenants and conditions to closing and additional conditions to closing. Pursuant to the Agreement, on August 23, 2022 the Company issued the Reporting Person a 6% convertible promissory note in the principal amount of $90,000, convertible at the option of the Reporting Person at $0.06 per share, with a maturity date of 12 months from the closing of the Agreement in satisfaction all of the Reporting Person's accrued payroll and advances to the Company.
Issuer
ENVIRO TECHNOLOGIES U.S., INC.
CIK 0001043894
Entity typeother
Related Parties
1- filerCIK 0001585426
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 4:33 PM ET
- Size
- 6.2 KB