CIMA Telecom, Inc. 4
4 · Cuentas Inc. · Filed Feb 5, 2021
Insider Transaction Report
Form 4
Cuentas Inc.CUEN
CIMA Telecom, Inc.
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2020-09-17$2.47/sh+5,000,000$12,350,000→ 6,757,478 total - Exercise/Conversion
Warrant
2020-09-17$1.00/sh−1$1→ 0 totalExercise: $1.00From: 2019-12-31→ Common Stock (5,000,000 underlying)
Footnotes (2)
- [F1]On September 17, 2020, the reporting person exercised a warrant to purchase 5,000,000 shares of common stock of Cuentas, Inc. (CUEN) for $2.47 per share.
- [F2]The warrant was exercisable through the earlier of (a) thirty (30) days following the date on which the Company's Amended and Restated Articles of Incorporation are filed and accepted with the Secretary of State of the State of Florida and (b) upon a change of control as defined in the Warrant Agreement).