5//SEC Filing
Platinum Equity Advisors, LLC 5
Accession 0001493152-24-030078
CIK 0001584693other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:05 PM ET
Size
8.2 KB
Accession
0001493152-24-030078
Insider Transaction Report
Form 5
Platinum Equity Advisors, LLC
10% Owner
Transactions
- Purchase
Common Stock
2023-07-31$0.10/sh+4,719,500$471,950→ 6,983,343 total - Purchase
Common Stock
2023-07-31$0.11/sh+6,983,343$768,168→ 6,983,343 total
Holdings
- 11,664,854
Holdings
Footnotes (2)
- [F1]On July 31, 2023, the Board of Directors of the issuer approved the issuance of 6,983,343 shares of common stock to the Platinum Equity Advisors, LLC ("Platinum") as payment for accrued compensation owed to its Manager as of July 31, 2023 under the Manager's Employment Agreement with the issuer dated March 13, 2018. The shares were issued to Platinum pursuant to an Assignment of Rights to Compensation agreement between Platinum and the Manager dated May 1, 2021.
- [F2]On July 31, 2023, the Board of Directors of the issuer approved the issuance of 4,719,500 shares of common stock to Platinum as partial payment for fees owed to Platinum as of July 31, 2023 under a Non-Employee Chief Executive Officer Engagement Agreement dated May 1, 2021.
Documents
Issuer
Healthcare Integrated Technologies Inc.
CIK 0001584693
Entity typeother
IncorporatedTN
Related Parties
1- filerCIK 0001729489
Filing Metadata
- Form type
- 5
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 4:05 PM ET
- Size
- 8.2 KB