4//SEC Filing
HealthQuest Venture Management II, L.L.C. 4
Accession 0001104659-20-036970
CIK 0001409269other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 6:30 PM ET
Size
11.0 KB
Accession
0001104659-20-036970
Insider Transaction Report
Form 4
HealthQuest Partners II, L.P.
10% Owner
Transactions
- Purchase
Warrant (right to buy)
2020-03-18+900,000→ 900,000 totalExercise: $3.50→ Common Stock (900,000 underlying) - Purchase
Series A Preferred Stock
2020-03-18$25.00/sh+120,000$3,000,000→ 120,000 total→ Common Stock (1,200,000 underlying)
Transactions
- Purchase
Series A Preferred Stock
2020-03-18$25.00/sh+120,000$3,000,000→ 120,000 total→ Common Stock (1,200,000 underlying) - Purchase
Warrant (right to buy)
2020-03-18+900,000→ 900,000 totalExercise: $3.50→ Common Stock (900,000 underlying)
Footnotes (5)
- [F1]Each share of Series A Preferred Stock converts into ten shares of Common Stock for no additional consideration.
- [F2]The Series A Preferred Stock was convertible into common stock at any time, upon approval of the stockholders, and has no expiration date.
- [F3]These securities were purchased from the Issuer at a purchase price of $2.50 per unit (consisting of one-tenth of one share of Series A Preferred Stock and 0.75 of a Warrant, with each whole Warrant exercisable for one share of Common Stock, at an exercise price of $3.50 per share).
- [F4]The shares are directly held by HealthQuest Partners II, L.P. ("HealthQuest"). HealthQuest Venture Management II, L.L.C. ("HQVM II"), the general partner of HealthQuest, and Garheng Kong, the managing member of HQVM II, may be deemed to have sole voting and dispositive power with respect to the shares held of record by HealthQuest. Mr. Kong and HQVM II disclaim beneficial ownership over all shares owned by HealthQuest except to the extent of any pecuniary interest therein.
- [F5]The Warrants have a five-year term and are exercisable beginning 181 days after their issue date.
Documents
Issuer
Venus Concept Inc.
CIK 0001409269
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001660909
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 6:30 PM ET
- Size
- 11.0 KB