3//SEC Filing
Oz Rey LLC 3
Accession 0001185185-20-000820
CIK 0001805024other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 2:42 PM ET
Size
12.6 KB
Accession
0001185185-20-000820
Insider Transaction Report
Form 3
Oz Rey LLC
10% Owner
Holdings
Convertible Debenture
Exercise: $0.10From: 2020-04-01Exp: 2022-04-01→ Common Stock (40,378,890 underlying)- 637,400
Common Stock
Common Stock Purchase Warrants (right to buy)
Exercise: $0.50From: 2020-04-01Exp: 2030-04-01→ Common Stock (462,600 underlying)Common Stock Purchase Warrants (right to buy)
Exercise: $0.13From: 2020-04-01Exp: 2030-04-01→ Common Stock (1,100,000 underlying)
MV Amanth LLC
10% Owner
Holdings
- 637,400
Common Stock
Common Stock Purchase Warrants (right to buy)
Exercise: $0.50From: 2020-04-01Exp: 2030-04-01→ Common Stock (462,600 underlying)Common Stock Purchase Warrants (right to buy)
Exercise: $0.13From: 2020-04-01Exp: 2030-04-01→ Common Stock (1,100,000 underlying)Convertible Debenture
Exercise: $0.10From: 2020-04-01Exp: 2022-04-01→ Common Stock (40,378,890 underlying)
Hersch Robert Sumner
10% Owner
Holdings
Common Stock Purchase Warrants (right to buy)
Exercise: $0.50From: 2020-04-01Exp: 2030-04-01→ Common Stock (462,600 underlying)Convertible Debenture
Exercise: $0.10From: 2020-04-01Exp: 2022-04-01→ Common Stock (40,378,890 underlying)Common Stock Purchase Warrants (right to buy)
Exercise: $0.13From: 2020-04-01Exp: 2030-04-01→ Common Stock (1,100,000 underlying)- 637,400
Common Stock
Footnotes (4)
- [F1]This statement on Form 3 is being jointly filed by Oz Rey, LLC, MV Amanth, LLC and Robert S. Hersch (collectively, the "Reporting Persons"). The securities are owned directly by Oz Rey, LLC. MV Amanth, as the owner of 100% of the common units of Oz Rey, LLC, has the ability to appoint all of the managers of Oz Rey, LLC. Robert S. Hersch, is the sole member of MV Amanth, LLC. Consequently, each of MV Amanth, LLC and Mr. Hersch may be deemed to have beneficial ownership of the securities owned by Oz Rey, LLC under Section 13 of the Securities Exchange Act of 1934, as amended.
- [F2]The Reporting Persons disclaim beneficial ownership of the securities indicated except to the extent of their pecuniary interest therein, and the reporting herein of such securities shall not be construed as an admission that the Reporting Persons are the beneficial owners thereof.
- [F3]The Common Stock Purchase Warrants were issued on April 1, 2020, are immediately exercisable, and will remain exercisable until April 1, 2030. 1,100,000 of the Common Stock Purchase Warrants are exercisable into a share of common stock at $0.125 per share and 462,600 are exercisable at $0.50 per share.
- [F4]The 10% Secured Convertible Debenture ("Debenture") was originally issued on April 1, 2020, and is convertible at any time into shares of common stock at the lower of $0.10 per share or the daily volume weighted average price of the common stock on the 10 trading days immediately prior to delivery of the conversion notice. The number of shares reported was determined by dividing the $4,037,889 in principal originally outstanding on the Debenture by $0.10 per share. The maturity date for the Debenture is April 1, 2022 ("Maturity Date"). The Maturity Date may be extended, at the sole option of the holder for a two-year period. At the election of the holder, the Maturity Date may be extended for additional two-year periods, provided that in no event shall the Maturity Date be extended beyond 10 years from the original issue date.
Documents
Issuer
Amergent Hospitality Group, Inc
CIK 0001805024
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001794761
Filing Metadata
- Form type
- 3
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 2:42 PM ET
- Size
- 12.6 KB