4//SEC Filing
Rakishev Kenges 4
Accession 0001209191-12-048438
CIK 0001293330other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 6:36 PM ET
Size
7.9 KB
Accession
0001209191-12-048438
Insider Transaction Report
Form 4
Rakishev Kenges
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-10-02−213,333,334→ 0 total(indirect: See Footnotes)
Mark Global Corp
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-10-02−213,333,334→ 0 total(indirect: See Footnotes)
Footnotes (2)
- [F1]On June 12, 2012, the Issuer and Cazador Acquisition Corporation Ltd. ("Cazador") entered into an Agreement and Plan of Merger (the "Merger Agreement"). On October 2, 2012, the transactions contemplated by the Merger Agreement were consummated. Simultaneously with the consummation of the transactions contemplated by the Merger Agreement, and in accordance with the terms of the Merger Agreement, (i) Mark Global Corporation, a company organized under the laws of the British Virgin Islands ("Mark Global"), was issued 5,000,000 shares of common stock of Cazador in exchange for the 200,000,000 Shares (as defined below) that were held directly by Mark Global and (ii) Kenges Rakishev, a citizen of the Republic of Kazakhstan ("Mr. Rakishev"), was issued 333,334 shares of common stock of Cazador in exchange for the 13,333,334 Shares that were held directly by Mr. Rakishev. "Shares" are shares of the Issuer's common stock, par value $0.001 per share.
- [F2]Each of Mr. Rakishev and Mark Global disclaim beneficial ownership of these Shares except to the extent of their respective pecuniary interest therein.
Documents
Issuer
Net Element, Inc.
CIK 0001293330
Entity typeother
Related Parties
1- filerCIK 0001548375
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 6:36 PM ET
- Size
- 7.9 KB