4//SEC Filing
Chang Raymond Nobu 4
Accession 0001213900-24-075743
CIK 0001800637other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 9:05 PM ET
Size
11.5 KB
Accession
0001213900-24-075743
Insider Transaction Report
Form 4
Agrify CorpAGFY
Chang Raymond Nobu
Other
Transactions
- Conversion
Common Stock
2024-08-30$0.00/sh+4,022,830$4,023→ 5,739,881 total(indirect: By Trust) - Exercise of In-Money
Pre-Funded Warrants (right to buy)
2024-08-30$4022.83/sh−4,022,830$16,183,161,209→ 6,152,642 total(indirect: By LLC)Exercise: $0.00→ Common Stock
Holdings
- 648(indirect: By LLC)
Common Stock
- 1,578,947(indirect: Chinwei Wang)
Common Stock
- 575
Common Stock
Footnotes (4)
- [F1]On August 30, 2024, CP Acquisitions, LLC ("CP Acquisitions"), an entity affiliated with and controlled by the Reporting Person, Raymond Chang, the Chairman and Chief Executive Officer of the Issuer and by I-Tseng Jenny Chan, a member of the Issuer's Board of Directors, exercised pre-funded warrants, issued by Agrify Corporation (the "Issuer") and entered into by and between CP Acquisitions and the Issuer, into 5,746,900 shares of common stock of the Issuer. Immediately subsequent to such conversion, 4,022,830 of the shares of common stock entitled to CP Acquisitions were assigned to RTC3 2020 Irrevocable Family Trust ("RTC3").
- [F2]Held by RTC3, of which the reporting person retains the authority to remove the independent trustee. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]NXT3J Capital, LLC is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F4]CP Acquisitions is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Documents
Issuer
Agrify Corp
CIK 0001800637
Entity typeother
Related Parties
1- filerCIK 0001831402
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 9:05 PM ET
- Size
- 11.5 KB