4//SEC Filing
Haddad Eliyahu 4
Accession 0001387131-23-011683
CIK 0001282980other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 9:33 PM ET
Size
8.4 KB
Accession
0001387131-23-011683
Insider Transaction Report
Form 4
Haddad Eliyahu
DirectorChief Executive Officer
Transactions
- Award
Series A Convertible Preferred Stock
2023-09-13$1.10/sh+454,545.45$500,000→ 454,545.45 totalExercise: $0.01→ Common Stock (45,454,545 underlying) - Award
Common Warrants
2023-09-13+45,454,545→ 45,454,545 totalExercise: $0.03→ Common Stock (45,454,545 underlying)
Footnotes (4)
- [F1]Shares of Series A Convertible Preferred Stock, par value $0.0001 per share and with a stated value of $1.10 per share (the "Preferred Stock") of Dror Ortho-Design, Inc. (formerly Novint Technologies, Inc.) (the "Company") shall be convertible, at any time and from time to time at the option of the Holder thereof, into shares of the company's common stock, par value $0.0001 per share (the "Common Stock") from and after the date the Company has reserved shares of Common Stock on behalf of the holders of the Preferred Stock.
- [F2]The Preferred Stock is perpetual and therefore has no expiration date.
- [F3]Warrants will be exercisable from and after the date the Company has reserved shares of Common Stock on behalf of the holders of the warrants (the "Initial Exercise Date").
- [F4]Warrants expire on the fifth anniversary of the Initial Exercise Date.
Documents
Issuer
Dror Ortho-Design, Inc.
CIK 0001282980
Entity typeother
Related Parties
1- filerCIK 0001994035
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 9:33 PM ET
- Size
- 8.4 KB