4//SEC Filing
King Chan Tsz 4
Accession 0001213900-24-086321
CIK 0001885336other
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 5:22 PM ET
Size
6.7 KB
Accession
0001213900-24-086321
Insider Transaction Report
Form 4
King Chan Tsz
10% Owner
Transactions
- Award
Common Stock
2024-10-04$0.04/sh+366,250$14,650→ 4,124,250 total(indirect: Horizon Fund Private Limited)
Holdings
- 10,881,000
Common Stock
Footnotes (2)
- [F1]SensaSure Technologies Inc., now known as Formation Minerals, Inc., a Nevada corporation (the "Issuer") previously received certain loans and advances from Horizon Private Fund Limited ("Horizon") in the amount of $14,650. Pursuant to that certain Conversion and Subscription Agreement (the "Conversion Agreement"), dated as of October 4, 2024, by and between Horizon and the Issuer, the Issuer and Horizon agreed to convert such indebtedness into shares of common stock, par value $0.01 per share ("Common Stock") of the Issuer. Horizon received 366,250 shares of Common Stock, at a conversion price of $0.04 pursuant to the Conversion Agreement.
- [F2]The Reporting Person serves as the sole director, officer and beneficial owner of Horizon and, accordingly, the Reporting Person may also be deemed to beneficially own the shares of Common Stock held directly by Horizon. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held directly by Horizon except to the extent of the Reporting Person's pecuniary interest therein.
Documents
Issuer
FORMATION MINERALS, INC.
CIK 0001885336
Entity typeother
Related Parties
1- filerCIK 0002023567
Filing Metadata
- Form type
- 4
- Filed
- Oct 7, 8:00 PM ET
- Accepted
- Oct 8, 5:22 PM ET
- Size
- 6.7 KB