4//SEC Filing
I-Pulse Inc. 4
Accession 0001104659-22-094352
CIK 0001879016other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 12:18 PM ET
Size
9.4 KB
Accession
0001104659-22-094352
Insider Transaction Report
Form 4
I-Pulse Inc.
10% Owner
Transactions
- Conversion
Common Stock
2022-08-18$4.69/sh−868,259$4,074,653→ 12,631,842 total - Conversion
Common Stock
2022-08-18$10.57/sh−945,626$9,999,995→ 11,686,216 total - Conversion
Common Stock
2022-08-19$4.69/sh−680,723$3,194,565→ 11,005,493 total
Footnotes (2)
- [F1]Between August 3, 2021 and November 17, 2021, the reporting person issued convertible notes in the aggregate principal amount of $19,999,680 (the "I-Pulse Convertible Notes"). In accordance with their terms, certain of the holders of the I-Pulse Convertible Notes elected to exchange the I-Pulse Convertible Notes, including any accrued but unpaid interest, into shares of common stock of Ivanhoe Electric Inc. (the "Company") held by the reporting person at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock was sold in the qualifying IPO of the Company, and (B) $1.5643 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions.
- [F2]On March 30, 2022, Orion Mine Finance Fund III LP ("Orion") entered into a share exchange option agreement with the reporting person. Following any qualifying IPO, but prior to the 30th day after a shelf registration statement became effective under the Securities Act of 1933, Orion was entitled to deliver to the reporting person up to $10 million of shares of common stock of High Power Exploration Inc., a subsidiary of the reporting person, and receive in exchange shares of common stock of the Company currently held by the reporting person. Orion exercised its rights under this share exchange option agreement, with the number of shares of common stock of the Company so conveyed to Orion determined by a price per share equal to 90% of the gross price per share at which common stock of the Company was sold in the qualifying IPO.
Documents
Issuer
Ivanhoe Electric Inc.
CIK 0001879016
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001502126
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 12:18 PM ET
- Size
- 9.4 KB