4//SEC Filing
Green Thumb Industries Inc. 4
Accession 0001213900-25-042059
$GTBIFCIK 0001800637operating
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:30 PM ET
Size
8.8 KB
Accession
0001213900-25-042059
Insider Transaction Report
Form 4
Agrify CorpAGFY
RSLGH, LLC
10% Owner
Transactions
- Exercise/Conversion
Pre-Funded Warrants (right to buy)
2025-05-08$27.42/sh+18,614$510,396→ 18,614 totalExercise: $0.00→ Common Stock (18,614 underlying)
Green Thumb Industries Inc.
10% Owner
Transactions
- Exercise/Conversion
Pre-Funded Warrants (right to buy)
2025-05-08$27.42/sh+18,614$510,396→ 18,614 totalExercise: $0.00→ Common Stock (18,614 underlying)
Footnotes (2)
- [F1]On 5/8/2025, RLSGH, LLC (the "Investor") entered into an amendment with Agrify Corporation (the "Issuer") to the Secured Convertible Note (the "Note") dated 11/5/2025 from the Issuer to the Investor, to issue pre-funded warrants in lieu of cash interest. No changes were made to the conversion price of the Note. The pre-funded warrants have an exercise price of $0.001 per share, were exercisable upon issuance, will expire when the applicable warrant is exercised in full, and are exercisable on a cash basis or, if there is no effective registration statement registering the resale of the underlying shares of common stock, on a cashless exercise basis at the Issuer's discretion. The number of pre-funded warrants issued was determined based on the interest payment owed divided by $27.42, which is equal to the most recent closing price of the Issuer's common stock as of the time the amendment was signed. The pre-funded warrants include a beneficial ownership limitation of 49.99%.
- [F2]The Investor is the direct beneficial owner of the pre-funded warrants. The Investor is an indirectly wholly-owned subsidiary of Green Thumb Industries Inc. ("Green Thumb"). Green Thumb is the sole shareholder of GTI23, Inc., which is the sole member of VCP23, LLC, which is the sole shareholder of For Success Holdings Company. For Success Holdings Company is the sole member of Wellness Mgmt, LLC, which is the sole member of Core Growth, LLC. Core Growth, LLC is the sole member of Investor.
Documents
Issuer
Agrify Corp
CIK 0001800637
Entity typeoperating
Related Parties
1- filerCIK 0001795139
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:30 PM ET
- Size
- 8.8 KB