Kakaopay Corp 3
3 · SIEBERT FINANCIAL CORP · Filed May 26, 2023
Insider Transaction Report
Form 3
Kakaopay Corp
10% Owner
Holdings
- 8,075,607
Common Stock, $0.01 par value per share
Footnotes (1)
- [F1]The reported shares of Common Stock, $0.01 par value per share, of the Issuer ("Common Stock"), were issued and sold to Kakaopay Corporation ("Kakaopay") at a purchase price of $2.15 per share. Kakaopay is a subsidiary of Kakao Corporation ("Kakao"). By virtue of this relationship, Kakao may be deemed to beneficially own the shares of Common Stock held by Kakaopay. Each of Kakaopay and Kakao disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein.