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4//SEC Filing

MUSTACCHI ALAN 4

Accession 0001104659-22-073315

CIK 0001314772other

Filed

Jun 21, 8:00 PM ET

Accepted

Jun 22, 9:29 AM ET

Size

5.3 KB

Accession

0001104659-22-073315

Insider Transaction Report

Form 4
Period: 2022-06-22
Transactions
  • Disposition to Issuer

    Common Stock

    2022-06-22$12.00/sh16,394$196,7280 total
Footnotes (1)
  • [F1]This Form 4 reports shares of Common Stock disposed of pursuant to the Agreement and Plan of Merger, dated March 16, 2022, among Summer Infant, Inc. (the "Company"), Kids2, Inc. and Project Abacus Acquisition Corp., pursuant to which Project Abacus Acquisition Corp. merged into the Company effective on June 22, 2022 (the "Effective Time"), with the Company becoming a wholly owned subsidiary of Kids2, Inc. At the Effective Time, each issued and outstanding share of Common Stock was cancelled and converted into the right to receive $12.00 per share in cash, without interest thereon and subject to any required tax withholding.

Issuer

Summer Infant, Inc.

CIK 0001314772

Entity typeother

Related Parties

1
  • filerCIK 0001641567

Filing Metadata

Form type
4
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 9:29 AM ET
Size
5.3 KB