Home/Filings/4/0001213900-24-020305
4//SEC Filing

Heerema International Group Services SA 4

Accession 0001213900-24-020305

CIK 0000727273other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 9:11 AM ET

Size

10.3 KB

Accession

0001213900-24-020305

Insider Transaction Report

Form 4
Period: 2024-03-06
Transactions
  • Purchase

    Convertible Loan

    2024-03-06(indirect: HHC $ Fund 2012)
    Exercise: $5.30From: 2024-03-06Exp: 2027-06-30Common Stock (3,773,585 underlying)
  • Purchase

    Warrants to Purchase Common Stock

    2024-03-06+1,000,0001,000,000 total(indirect: HHC $ Fund 2012)
    Exercise: $5.00From: 2024-03-06Exp: 2027-06-30Common Stock (1,000,000 underlying)
Holdings
  • Common Stock

    (indirect: HHC $ Fund 2012)
    20,713,965
  • Common Stock

    (indirect: HHC Fund 2012)
    2,911,335
Footnotes (2)
  • [F1]Pursuant to an amendment to Credit Agreement, dated as of March 6, 2024, HHC $ Fund 2012, an affiliate of the Reporting Person, invested a sum of $20 million in the form of a convertible loan, the terms of which are set forth in the Issuer's Form 8-K, filed with the SEC on March 6, 2024. If the convertible loan is held to maturity, an aggregate of 5,119,067 shares of common stock are issuable upon conversion, calculated based on 7% PIK interest through maturity, payable quarterly in arrears, and assuming no event of default.
  • [F2]In connection with the convertible loan, Cadiz issued 1,000,000 warrants to purchase common stock to an affiliate of the Reporting Person.

Issuer

CADIZ INC

CIK 0000727273

Entity typeother
IncorporatedSwitzerland

Related Parties

1
  • filerCIK 0001893146

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 9:11 AM ET
Size
10.3 KB