4//SEC Filing
Texas Star Management Company, LLC 4
Accession 0001213900-24-009135
CIK 0000743758other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 5:45 PM ET
Size
11.0 KB
Accession
0001213900-24-009135
Insider Transaction Report
Form 4
Dunn Timothy M.
Director10% Owner
Transactions
- Purchase
Series I Preferred Stock
2024-01-30$2.80/sh+892,857$2,500,000→ 3,165,584 total→ Common Stock (357,142,800 underlying)
Hexagon Partners, Ltd.
Director10% Owner
Transactions
- Purchase
Series I Preferred Stock
2024-01-30$2.80/sh+892,857$2,500,000→ 3,165,584 total→ Common Stock (357,142,800 underlying)
Texas Star Management Company, LLC
Director10% Owner
Transactions
- Purchase
Series I Preferred Stock
2024-01-30$2.80/sh+892,857$2,500,000→ 3,165,584 total→ Common Stock (357,142,800 underlying)
Footnotes (3)
- [F1]Each share of Series I Preferred Stock ("Preferred Stock") is convertible at the option of the holder into 400 shares of common stock of the Issuer ("Common Stock"), subject to adjustments. The Preferred Stock may be converted at any time and has no expiration date. Each share of Preferred Stock entitles its holder to cast the number of votes equal to the number of whole shares of Common Stock into which the shares of Preferred Stock held by such holder are then convertible as of the record date for determining stockholders entitled to vote on all matters presented to the holders of Common Stock for approval, voting together with the holders of Common Stock as one class. The rights and limitations of the Preferred Stock are as set forth in the Certificate of Designation of Preferences, Rights and Limitations of Preferred Stock filed by the Issuer with the Secretary of State of Nevada and included in a current report on Form 8-K filed with the SEC on April 11, 2023.
- [F2]On January 30, 2024, Hexagon Partners, Ltd., a Texas limited partnership ("Hexagon"), purchased from the Issuer 892,857 shares of Series I Preferred Stock at a purchase price of $2.80 per share of Series I Preferred Stock pursuant to the Amendment No. 1 to Securities Purchase Agreement dated January 30, 2024.
- [F3]Shares reported herein are held by Hexagon. Texas Star Management Company, LLC ("TSMC") is the general partner of Hexagon. Timothy M. Dunn is the managing member of TSMC. Accordingly, TSMC and Mr. Dunn may be deemed to share the right to direct the voting or disposition of the securities held directly by Hexagon and therefore may be deemed to beneficially own such securities. Each of TSMC and Mr. Dunn disclaim beneficial ownership of the securities held by Hexagon except to the extent of their pecuniary interest therein, if any.
Documents
Issuer
AiAdvertising, Inc.
CIK 0000743758
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001973235
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 5:45 PM ET
- Size
- 11.0 KB