4//SEC Filing
Alimco Financial Corp 4
Accession 0001213900-20-008399
CIK 0000795212other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 6:19 PM ET
Size
8.4 KB
Accession
0001213900-20-008399
Insider Transaction Report
Form 4
Transactions
- Purchase
Warrant for Common Stock
2020-03-30+1→ 1 total(indirect: By Alimco Re Ltd.)Exercise: $0.01From: 2020-03-30Exp: 2025-03-31→ Common Stock (127,208 underlying)
Holdings
- 25,685
Common Stock
Footnotes (4)
- [F1]Reflects the effect of a 20-to-1 reverse stock split by Trans World Entertainment Corporation ("Trans World") of its common stock.
- [F2]The reported transaction involved the acquisition by Alimco Re Ltd. of a warrant to purchase a total of 127,208 shares of Trans World common stock at a price equal to $0.01 per share (the "Warrant"). Alimco Re Ltd. is a wholly-owned subsidiary of Alimco Financial Corporation ("Alimco"). Alimco may be deemed to have voting and dispositive control over shares held by Alimco Re Ltd.
- [F3]Alimco disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein. This filing shall not be deemed an admission that Alimco is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
- [F4]Alimco Re Ltd. acquired the Warrant in connection with a $2,718,000 secured term loan made on March 30, 2020 by Alimco Re Ltd. to Etailz Inc., a wholly-owned subsidiary of Trans World.
Documents
Issuer
TRANS WORLD ENTERTAINMENT CORP
CIK 0000795212
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001763340
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 6:19 PM ET
- Size
- 8.4 KB