Wetherald Thomas 4
4 · Taronis Fuels, Inc. · Filed Nov 20, 2020
Insider Transaction Report
Form 4
Wetherald Thomas
10% Owner
Transactions
- Award
Common stock, par value $0.000001 per share
2020-11-18$0.10/sh+30,000,000$3,000,000→ 70,000,000 total
Footnotes (1)
- [F1]Represents shares of common stock acquired by Mr. Wetherald pursuant to a common stock purchase agreement in a private placement offering that closed on November 18, 2020 in reliance on an exemption from registration afforded by Section 4(a)(2) under the Securities Act of 1933, as amended (the "Securities Act"), and Regulation D and Rule 506(b) as promulgated thereunder. Pursuant to a registration rights agreement entered into in connection with the private placement offering, the Company is required to file a registration statement on Form S-1 covering the registration and resale of the shares within 30 days of November 18, 2020.