Nantahala Capital Management, LLC 4

Accession 0001104659-24-006027

CIK 0001427925other

Filed

Jan 23, 7:00 PM ET

Accepted

Jan 24, 6:03 AM ET

Size

19.6 KB

Accession

0001104659-24-006027

Form 4

Period: 2024-01-22

10% OwnerOther

Transactions

Disposition to Issuer
2023 Series A Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Disposition to Issuer
2023 Series B Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2023 Series B Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2023 Series A Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2024 Pre-Funded Warrants
2024-01-22$0.77/sh+6,168,832$4,743,832→ 6,168,832 total(indirect: See Footnote)
Exercise: $0.00From: 2024-01-24→ Common Stock (6,168,832 underlying)

10% OwnerOther

Transactions

Disposition to Issuer
2023 Series A Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2024 Pre-Funded Warrants
2024-01-22$0.77/sh+6,168,832$4,743,832→ 6,168,832 total(indirect: See Footnote)
Exercise: $0.00From: 2024-01-24→ Common Stock (6,168,832 underlying)
Award
2023 Series A Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2023 Series B Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Disposition to Issuer
2023 Series B Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)

10% OwnerOther

Transactions

Disposition to Issuer
2023 Series A Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Disposition to Issuer
2023 Series B Warrants
2024-01-22−2,205,883→ 0 total(indirect: See Footnote)
Exercise: $1.11From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2023 Series A Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2023 Series B Warrants
2024-01-22+2,205,883→ 2,205,883 total(indirect: See Footnote)
Exercise: $0.77From: 2023-07-20Exp: 2028-07-20→ Common Stock (2,205,883 underlying)
Award
2024 Pre-Funded Warrants
2024-01-22$0.77/sh+6,168,832$4,743,832→ 6,168,832 total(indirect: See Footnote)
Exercise: $0.00From: 2024-01-24→ Common Stock (6,168,832 underlying)

Footnotes (3)

[F1]On January 24, 2024, as disclosed by Talphera, Inc (the "Issuer") in an 8-K filed with the SEC on the same date, the Issuer amended and restated certain warrants to purchase shares of Issuer common stock ("Common Stock") including those acquired by the NCM Investors (as defined below) on July 20, 2023, reducing the exercise price thereunder to $0.77 per share of Common Stock.
[F2]Nantahala Capital Management, LLC ("NCM"), an investment adviser to certain private funds and managed accounts (the "NCM Investors") that hold shares of Common Stock and certain derivative securities related thereto (the "Derivatives"), including the warrants to purchase Common Stock ("Warrants") disclosed in this Form 4, may be deemed a beneficial owner of such Warrants. Each of Mr. Wilmot B Harkey and Mr. Daniel Mack may be deemed a beneficial owner of the Warrants beneficially owned by NCM. Each of NCM, Mr. Harkey and Mr. Mack (the "Reporting Persons") disclaims beneficial ownership of the Warrants disclosed herein except to the extent of their respective pecuniary interests therein.
[F3]These Warrants are exercisable indefinitely.

Documents

1 file

TALPHERA, INC.

CIK 0001427925

Entity typeother

IncorporatedMA