4//SEC Filing
Newcan Investment Partners LLC 4
Accession 0001185185-17-002159
CIK 0001522222other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 7:09 PM ET
Size
11.0 KB
Accession
0001185185-17-002159
Insider Transaction Report
Form 4
Newcan Investment Partners LLC
10% Owner
Transactions
- Other
Convertible Promissory Note
2017-10-09$29999.50/sh→ 119,998 totalExercise: $0.25From: 2017-10-09→ Common Stock (119,998 underlying)
Holdings
- 1,870,988
Common Stock
- 2,486,632
Convertible Promissory Note
Exercise: $0.25From: 2017-08-23→ Common Stock (2,486,632 underlying) - 280,000
Convertible Promissory Note
Exercise: $0.25From: 2017-08-23→ Common Stock (280,000 underlying) - 480,000
Convertible Promissory Note
Exercise: $0.25From: 2017-03-31→ Common Stock (480,000 underlying)
Footnotes (5)
- [F1]This Note bears interest at the rate of 10% per annum. At the election of the Reporting Person, all principal and accrued interest under the Note may be converted into the Issuer's common stock. For each $0.25 converted, the Reporting Person will receive one share of common stock.
- [F2]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on October 8, 2020.
- [F3]Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest (both past and future) into shares of common stock.
- [F4]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on August 22, 2020.
- [F5]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on April 1, 2020.
Documents
Issuer
CLS Holdings USA, Inc.
CIK 0001522222
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001708622
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 7:09 PM ET
- Size
- 11.0 KB