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3//SEC Filing

Blue Planet New Energy Technology Ltd 3

Accession 0001213900-24-098448

CIK 0001708341other

Filed

Nov 13, 7:00 PM ET

Accepted

Nov 14, 4:15 PM ET

Size

7.4 KB

Accession

0001213900-24-098448

Insider Transaction Report

Form 3
Period: 2024-10-18
Holdings
  • Warrant

    Exercise: $1.80Exp: 2029-10-18Common Stock (6,000,000 underlying)
  • Common Stock

    (indirect: See footnote)
    6,000,000
Footnotes (3)
  • [F1]Represents shares of the Issuer's common stock, par value $0.0001 (the "Common Stock"), acquired by Blue Planet New Energy Technology Limited (the "Reporting Person" or "Blue Planet") from the Issuer at a purchase price of $1.10 per share for a price of $6,600,000 in a private placement transaction pursuant to a Securities Purchase Agreement, dated October 18, 2024 (the "SPA"). Rimu Investment Limited, a company incorporated under the laws of Hong Kong ("Rimu"), beneficially owns 100% of the class B interests in Blue Planet and may be deemed to share beneficial ownership over the securities owned by Blue Planet. The class B interests in Blue Planet provide Rimu with the right to veto any investment decision made by Blue Planet with respect to its investment in the Issuer, at the sole discretion of Rimu. Zongmin Ding beneficially owns 100% of the interests in Rimu and may be deemed to share beneficial ownership over the securities owned by Blue Planet.
  • [F2]The Reporting Person disclaims beneficial ownership of the securities held by Blue Planet except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  • [F3]Pursuant to the PSA, the Reporting Person also acquired a corresponding warrant to purchase up to 6,000,000 shares of Common Stock, with an exercise price of $1.80 per share, which may not be exercised if Blue Planet, together with its affiliates, would beneficially own more than 19.99% of the number of shares of the Common Stock outstanding immediately after giving effect to such exercise, unless the Issuer obtains shareholder approval pursuant to applicable NASDAQ rules.

Documents

1 file

Issuer

Allied Gaming & Entertainment Inc.

CIK 0001708341

Entity typeother
IncorporatedVirgin Islands, British

Related Parties

1
  • filerCIK 0002043930

Filing Metadata

Form type
3
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 4:15 PM ET
Size
7.4 KB