4//SEC Filing
Vange Mark 4
Accession 0001213900-22-024062
CIK 0001372183other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 8:54 PM ET
Size
11.1 KB
Accession
0001213900-22-024062
Insider Transaction Report
Form 4
Vange Mark
Chief Technology Officer
Transactions
- Award
Common Stock
2021-06-30+1,000,000→ 1,000,000 total - Other
Common Stock
2022-05-02+1,250,000→ 1,250,000 total(indirect: By Token IQ, Inc.) - Other
Common Stock
2022-05-02+1,666,667→ 1,666,667 total(indirect: By Fighter Base Publishing, Inc.)
Footnotes (3)
- [F1]The Reporting Person received the shares in exchange for shares of HotPlay Enterprise Limited ("HotPlay") common stock in connection with the acquisition of HotPlay by the Issuer (the "HotPlay Acquisition"). On the effective date of the HotPlay Acquisition, the closing price of the Issuer's common stock was $2.00 per share.
- [F2]On August 19, 2021, the Issuer and Fighter Base Technologies, Inc. ("Fighter Base") entered into an Intellectual Property Purchase Agreement, pursuant to which the Issuer agreed to issue Fighter Base 1,666,667 shares of the Issuer's common stock upon closing as compensation for the purchase by the Issuer of certain assets of Fighter Base (the "Fighter Base Acquisition"); the Fighter Base Acquisition was approved by the Issuer's board of directors. Consummation of the Fighter Base Acquisition, and issuance of the shares, was contingent upon shareholder approval of the Fighter Base Acquisition, which was obtained on January 28, 2022, and certain other closing conditions. The Fighter Base Acquisition closed on May 2, 2022, at which time the shares were issued to Fighter Base. The Reporting Person is the Chief Executive Officer and a majority shareholder of Fighter Base. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]On August 19, 2021, the Issuer and Token IQ, Inc. ("Token IQ") entered into an Intellectual Property Purchase Agreement, pursuant to which the Issuer agreed to issue Token IQ 1,250,000 shares of the Issuer's common stock upon closing as compensation for the purchase by the Issuer of certain assets of Token IQ (the "Token IQ Acquisition"); the Token IQ Acquisition was approved by the Issuer's board of directors. Consummation of the Token IQ Acquisition, and issuance of the shares, was contingent upon shareholder approval of the Token IQ Acquisition, which was obtained on January 28, 2022, and certain other closing conditions. The Token IQ Acquisition closed on May 2, 2022, at which time the shares were issued to Token IQ. The Reporting Person is the Chief Executive Officer and a majority shareholder of Token IQ. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
NextPlay Technologies Inc.
CIK 0001372183
Entity typeother
Related Parties
1- filerCIK 0001697039
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 8:54 PM ET
- Size
- 11.1 KB