4//SEC Filing
GOSTFRAND HOWARD 4
Accession 0001493152-22-027722
CIK 0000924396other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 5:15 PM ET
Size
10.9 KB
Accession
0001493152-22-027722
Insider Transaction Report
Form 4
GOSTFRAND HOWARD
DirectorChief Executive Officer10% Owner
Transactions
- Award
Series A Preferred Stock
2022-10-05$0.67/sh+3,000$2,010→ 20,760 total(indirect: By American Capital Ventures)Exercise: $0.00From: 2022-05-10→ Common Stock, par value $0.0001 (3,000,000 underlying) - Purchase
Common Stock, par value $0.0001
2021-12-14$0.40/sh+62,500$25,000→ 62,500 total(indirect: By American Capital Ventures) - Other
Series A Preferred Stock
2022-02-18−71,040→ 17,760 total(indirect: By American Capital Ventures)Exercise: $0.00From: 2022-01-13→ Common Stock, par value $0.0001 (71,040,000 underlying)
Footnotes (4)
- [F1]Howard Gostfrand is the sole owner of, and controls, American Capital Ventures, Inc. ("ACV").
- [F2]Each share of Series A preferred stock is convertible into 1,000 shares of the issuer's common stock at any time at the election of the holder.
- [F3]On February 18, 2022, the issuer entered into and closed a Redemption Agreement by and between the issuer and ACV. Pursuant to the terms of the Redemption Agreement, the issuer purchased 80% of ACV's holdings of Series A preferred stock for an aggregate purchase price of $1.00.
- [F4]On October 5, 2022, the issuer entered into a Subscription Agreement by and between the issuer and ACV pursuant to which ACV purchased 3,000 shares of Series A preferred stock for an aggregate purchase price of $2,000.
Documents
Issuer
Descrypto Holdings, Inc.
CIK 0000924396
Entity typeother
Related Parties
1- filerCIK 0001842492
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 5:15 PM ET
- Size
- 10.9 KB