DST Capital LLC 4
4 · Biostage, Inc. · Filed Sep 9, 2021
Insider Transaction Report
Form 4
Biostage, Inc.BSTG
DST Capital LLC
10% Owner
Transactions
- Purchase
Warrant (right to buy)
2021-09-01+250,000→ 250,000 totalExercise: $2.00From: 2021-09-01Exp: 2026-09-01→ Common Stock (250,000 underlying) - Purchase
Common Stock
2021-09-01$2.00/sh+500,000$1,000,000→ 3,650,000 total
Holdings
- 30,722(indirect: Owned by sole member of reporting person)
Common Stock
Footnotes (1)
- [F1]On September 1, 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) 500,000 shares of the Issuer's common stock, $0.01 par value (collectively, the "Shares"); and (ii) warrants to purchase up to 250,000 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 $1,000,000.