Xu Xiaochun 4
4 · ThermoGenesis Holdings, Inc. · Filed Jun 30, 2022
Insider Transaction Report
Form 4
Xu Xiaochun
Director
Transactions
- Conversion
Common Stock
2022-06-28$0.28/sh+10,552,234$3,000,000→ 12,281,091 total(indirect: Held by Boyalife Asset Holding II, Inc.) - Conversion
Second Amended and Restated Convertible Note
2022-06-28(indirect: Held by Boyalife Asset Holding II, Inc.)Exercise: $0.28From: 2018-04-16Exp: 2023-03-06→ Common Stock (10,552,234 underlying)
Footnotes (1)
- [F1]On June 28, 2022, Boyalife Asset Holding II, Inc. converted an aggregate of $3,000,000 of outstanding principal and interest under a Second Amended and Restated Convertible Promissory Note issued by Issuer in April 2018. After giving effect to the conversion, as of the date of this Form 4, there was $7,000,000 in principal and approximately $700,000 in accrued interest outstanding under the Convertible Promissory Note, all of which is convertible at a current conversion price of $0.2843 per share, subject to downward adjustment in the event that the Issuer issues shares of common stock at a lower price. Boyalife Asset Holding II, Inc. is 100% owned by Boyalife Group, Inc., which is 100% owned by Dr. Xiaochun Xu.