Xu Xiaochun 4
4 · ThermoGenesis Holdings, Inc. · Filed Oct 2, 2023
Insider Transaction Report
Form 4
Xu Xiaochun
Director
Transactions
- Conversion
Common Stock
2023-09-28$1.07/sh+654,206$700,000→ 927,121 total(indirect: Held by Boyalife Group, Inc.) - Conversion
Amendment 3 to 1st Amended & Restated Revolving Credit Agr.
2023-09-28(indirect: Held by Boyalife Group, Inc.)Exercise: $1.07From: 2018-04-16Exp: 2023-12-31→ Common Stock (654,206 underlying)
Footnotes (1)
- [F1]On September 28, 2023, Boyalife Group, Inc. converted an aggregate of $700,000 of outstanding interest under a Second Amended and Restated Convertible Promissory Note issued by Issuer in April 2018, as amended. After giving effect to the conversion, as of the date of this Form 4, there was $7,278,000 in principal and approximately $216,000 in accrued interest outstanding under the Convertible Promissory Note, all of which is convertible at a current conversion price of $1.07 per share, subject to downward adjustment in the event that the Issuer issues shares of common stock at a lower price. Boyalife Group, Inc. is 100% owned by Dr. Xiaochun Xu.