DST Capital LLC 4
4 · Biostage, Inc. · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Biostage, Inc.BSTG
DST Capital LLC
10% Owner
Transactions
- Purchase
Common Stock
2021-06-17$2.00/sh+150,000$300,000→ 3,150,000 total - Purchase
Warrant (right to buy)
2021-06-17+75,000→ 75,000 totalExercise: $2.00From: 2021-06-17Exp: 2026-06-17→ Common Stock (75,000 underlying)
Holdings
- 30,722(indirect: Owned by sole member of reporting person)
Common Stock
Footnotes (1)
- [F1]On June 17, 2021, the Issuer and the Reporting Person entered into a securities purchase agreement (the "Purchase Agreement") pursuant to which the Reporting Person acquired from the Issuer in a private placement: (i) 150,000 shares of the Issuer's common stock, $0.01 par value (collectively, the "Shares"); and (ii) warrants to purchase up to 75,000 shares of common stock with an exercise price of $2.00 per share (the "Warrants"). The aggregate subscription amount paid by the Reporting Person for the Shares and Warrants acquired by it pursuant to the Purchase Agreement was $300,000.