4//SEC Filing
Hobbs Landel C 4
Accession 0001437749-22-012363
CIK 0000870826other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 4:23 PM ET
Size
7.8 KB
Accession
0001437749-22-012363
Insider Transaction Report
Form 4
Hobbs Landel C
Director
Transactions
- Purchase
Common Stock
2022-05-11$3.07/sh+16,286$49,998→ 88,463 total - Purchase
Warrants (right to buy)
2022-05-11+16,286→ 16,286 totalExercise: $2.94→ Common Stock (16,286 underlying)
Footnotes (3)
- [F1]Represents shares of common stock that the registrant has committed to purchase in a direct registered offering offering by the issuer, in which the registrant will be required to close the transaction, subject to customary closing conditions, within 180 days of the effective date of an amendment to the issuer's articles of incorporation to increase the number of authorized shares of the issuer's common stock to at least 40 million shares, which requires receipt of shareholder approval.
- [F2]Once issued, exercisable upon the effective date of an amendment to the issuer's articles of incorporation to increase the number of authorized shares of the issuer's common stock to at least 40 million shares (such date, the "Effective Date"), which requires receipt of shareholder approval (such approval, "Shareholder Approval"), until the earlier of (a) five years from the Effective Date and (b) six years from the date of warrant issuance.
- [F3]Represents warrants that are to be issued to the registrant within 180 days of the receipt of Shareholder Approval. The issuer committed to issue such warrants in connection with its direct registered offering.
Documents
Issuer
iMedia Brands, Inc.
CIK 0000870826
Entity typeother
Related Parties
1- filerCIK 0001383939
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 4:23 PM ET
- Size
- 7.8 KB