FONTENOT SEAN PAUL 4
4 · CalEthos, Inc. · Filed Dec 17, 2024
Insider Transaction Report
Form 4
CalEthos, Inc.GEDC
FONTENOT SEAN PAUL
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2024-12-15+500,000→ 9,076,438 total(indirect: See Footnote) - Exercise/Conversion
Warrants
2024-12-15−300,000→ 0 total(indirect: See Footnote)Exercise: $3.50→ Common Stock (300,000 underlying) - Exercise/Conversion
Warrants
2024-12-15+2,258,877→ 2,258,877 total(indirect: See Footnote)Exercise: $2.00From: 2024-12-15Exp: 2029-12-15→ Common Stock (2,258,877 underlying) - Exercise/Conversion
Warrants
2024-12-15−300,000→ 0 total(indirect: See Footnote)Exercise: $3.80→ Common Stock (300,000 underlying)
Holdings
- 750,000
Board of Director Options
Exercise: $0.54From: 2023-12-31Exp: 2028-11-28→ Common Stock (750,000 underlying) - 200,000(indirect: See Footnote)
Warrants
Exercise: $0.50From: 2024-02-12Exp: 2029-02-12→ Common Stock (200,000 underlying) - 2,000,000(indirect: See Footnote)
Warrants
Exercise: $0.54From: 2023-11-28Exp: 2028-12-31→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1]On December 15, 2024, Nanosha (as defined in footnote 2) entered into an exchange subscription agreement with CalEthos, Inc. (the "Issuer") pursuant to which the Issuer issued to Nanosha (i) 500,000 shares of common stock, par value $0.001 per share (the "Common Stock"), and (ii) a five-year warrant to acquire 2,258,877 shares of Common Stock with an exercise price of $2.00 per share in exchange for (i) a promissory note of the Issuer, (ii) a warrant to purchase 300,000 shares of Common Stock for a price of $3.50 per share, and (iii) a warrant to purchase 300,000 shares of Common Stock for a price of $3.80 per share.
- [F2]The reported securities are owned by Nanosha Investments LLC ("Nanosha"), a company of which the reporting person is the principal member. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.