3//SEC Filing
Amy A. Poinsett Revocable Living Trust 3
Accession 0001213900-19-013533
CIK 0001755953other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 9:33 PM ET
Size
7.3 KB
Accession
0001213900-19-013533
Insider Transaction Report
Form 3
Akerna Corp.KERN
Holdings
- 1,335,802
Common Stock, $.0001 par value per share
Poinsett Amy A.
10% Owner
Holdings
- 1,335,802
Common Stock, $.0001 par value per share
Footnotes (3)
- [F1]Received in exchange for 5,000,000 units of MJ Freeway LLC in connection with the transactions contemplated by that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among MTech Acquisition Corp. ("MTech"), MTech Acquisition Holdings Inc. (which subsequently filed an Amended and Restated Certificate of Incorporation to change the company's name to Akerna Corp.), MTech Purchaser Merger Sub Inc., MTech Company Merger Sub LLC, MTech Sponsor LLC, MJ Freeway LLC ("MJF") and Jessica Billingsley (as successor to Harold Handelsman), dated as of October 10, 2018, as amended by that certain First Amendment to Agreement and Plan of Merger, dated as of April 17, 2019. The Merger Agreement placed a value on the issuer's common stock of $10.16 per share, which was the approximate redemption price of the share of common stock of MTech at the execution of the Merger Agreement.
- [F2]Of the 1,335,802 shares issued to the reporting persons in the merger, all are subject to the terms of a lock-up agreement and 133,580 are being held in escrow and are subject to forfeiture until 90 days after the issuer files its annual report on Form 10-K for the fiscal year ended June 30, 2019 to satisfy claims arising as a result of MJF's breach of any of its representations and warranties or covenants in the Merger Agreement. The acquisition of these securities by the reporting persons was approved pursuant to Rule 16b-3(d)(1).
- [F3]Amy Poinsett, is the trustee of Amy A Poinsett Revocable Living Trust and has voting and investment discretion with respect to the common stock held of record of Amy A Poinsett Revocable Living Trust. Accordingly, Ms. Poinsett may be deemed to have or share beneficial ownership of such shares.
Documents
Issuer
Akerna Corp.
CIK 0001755953
Entity typeother
IncorporatedCO
Related Parties
1- filerCIK 0001783552
Filing Metadata
- Form type
- 3
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 9:33 PM ET
- Size
- 7.3 KB