4//SEC Filing
Stingray Group Inc. 4
Accession 0001104659-23-120971
CIK 0000923601other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 12:46 PM ET
Size
17.7 KB
Accession
0001104659-23-120971
Insider Transaction Report
Form 4
Boyko Eric
Other
Transactions
- Purchase
Common Stock, $0.01 par value per share ("Common Shares")
2023-11-21$0.91/sh+1,098,901$1,000,000→ 1,421,124 total
Stingray Group Inc.
Other
Transactions
- Purchase
Common Stock, $0.01 par value per share ("Common Shares")
2023-11-21$0.91/sh+1,098,901$1,000,000→ 1,421,124 total
Footnotes (4)
- [F1]On November 21, 2023, Stingray Group Inc., a Canadian corporation ("Stingray"), purchased from the Issuer 1,098,901 Common Shares at a purchase price of $0.91 per Common Share in connection with the Issuer's private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder.
- [F2]In addition to Stingray, this Form 4 is being jointly filed by Eric Boyko, a Canadian citizen ("Boyko"). As of September 30, 2023, indirectly, controlled approximately 56.11% of the combined voting power of Stingray's outstanding shares.
- [F3]After giving effect to the transactions reported on this Form 4, Stingray directly beneficially owns 1,421,124 Common Shares and 222,223 warrants to purchase Common Shares ("Warrants"). Boyko indirectly beneficially owns 1,421,124 Common Shares (excluding Warrants).
- [F4]Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Boyko disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
Issuer
SINGING MACHINE CO INC
CIK 0000923601
Entity typeother
IncorporatedCanada (Federal Level)
Related Parties
1- filerCIK 0001877714
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 12:46 PM ET
- Size
- 17.7 KB