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AUBERTON-HERVE ANDRE-JACQUES 4

Accession 0001104659-23-073231

CIK 0001508381other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 10:58 AM ET

Size

9.9 KB

Accession

0001104659-23-073231

Insider Transaction Report

Form 4
Period: 2023-06-13
Transactions
  • Conversion

    Common Stock

    2023-06-13$0.60/sh+186,111$111,6671,109,271 total(indirect: Shares held through Star SCI)
  • Purchase

    Convertible Promissory Note

    2023-06-13$220000.00/sh+1$220,0001 total(indirect: Through Star SCI)
    Exercise: $0.60Exp: 2024-06-01Common Stock, par value $0.001 per share (366,667 underlying)
Holdings
  • Common Stock

    95,149
  • Common Stock

    (indirect: Shares held through 4A Consulting and Engineering)
    10,693
Footnotes (2)
  • [F1]Effective as of June 13, 2023, approximately $310,185 of principal and accrued interest of a convertible promissory note issued to Star SCI, an affiliate of the reporting person, converted in accordance with its terms into 186,111 shares of the Issuer's common stock
  • [F2]The convertible promissory note (the "Note") will be convertible into common stock of the Issuer upon the following events on the following terms: (a) on June 1, 2024 without any action on the part of the reporting person, the outstanding principal and accrued and unpaid interest under the Note will be converted into shares of common stock at a conversion price equal to $0.60 per share; and (b) upon the consummation of the next equity or equity linked round of financing of the Issuer for cash proceeds (the "Qualified Financing"), without any action on the part of the reporting person, the outstanding principal and accrued and unpaid interest under the Note will be converted into shares of common stock at a conversion price equal to the lesser of (a) the issue price per share in the Qualified Financing and (b) $0.60 per share.

Issuer

Bionik Laboratories Corp.

CIK 0001508381

Entity typeother

Related Parties

1
  • filerCIK 0001730329

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 10:58 AM ET
Size
9.9 KB