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4//SEC Filing

Hicks Laurence 4

Accession 0001437749-23-025513

CIK 0001537561other

Filed

Sep 7, 8:00 PM ET

Accepted

Sep 8, 5:47 PM ET

Size

7.5 KB

Accession

0001437749-23-025513

Insider Transaction Report

Form 4
Period: 2023-08-31
Transactions
  • Purchase

    Common Stock

    2023-08-31$0.28/sh+10,292$2,83010,292 total(indirect: Drake Partners)
  • Award

    Warrants (right to buy)

    2023-08-31+20,58420,584 total(indirect: Drake Partners)
    Exercise: $1.00Exp: 2028-08-31Common Stock (20,584 underlying)
Footnotes (3)
  • [F1]The Reporting Person is an owner of Drake Partners. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  • [F2]The warrants are exercisable after the earlier of (A) the six-month anniversary after the date of issuance and (B) the date that a registration statement registering the shares underlying the warrants is declared effective.
  • [F3]The warrants were sold as part of a unit with the shares of common stock reported in Table I, at a price of $0.275 per share of common stock and accompanying warrant to purchase two shares of common stock.

Issuer

Arch Therapeutics, Inc.

CIK 0001537561

Entity typeother

Related Parties

1
  • filerCIK 0001886766

Filing Metadata

Form type
4
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 5:47 PM ET
Size
7.5 KB