4//SEC Filing
Susanto Halim 4
Accession 0001493152-25-009563
CIK 0001888654other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:15 PM ET
Size
16.2 KB
Accession
0001493152-25-009563
Insider Transaction Report
Form 4
Ascend Global Investment Fund SPC - Strategic Segregated Portfolio
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-03-05+6,793,262→ 7,026,560 total(indirect: See Footnote) - Exercise/Conversion
Convertible Notes
2025-03-05→ 0 total(indirect: See Footnote)Exp: 2028-08-15→ Common Stock (6,793,262 underlying)
Ascend Financial Holdings Ltd
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-03-05+6,793,262→ 7,026,560 total(indirect: See Footnote) - Exercise/Conversion
Convertible Notes
2025-03-05→ 0 total(indirect: See Footnote)Exp: 2028-08-15→ Common Stock (6,793,262 underlying)
Meridian Investments Corp
10% Owner
Transactions
- Exercise/Conversion
Convertible Notes
2025-03-05→ 0 total(indirect: See Footnote)Exp: 2028-08-15→ Common Stock (6,793,262 underlying) - Exercise/Conversion
Common Stock
2025-03-05+6,793,262→ 7,026,560 total(indirect: See Footnote)
Susanto Halim
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-03-05+6,793,262→ 7,026,560 total(indirect: See Footnote) - Exercise/Conversion
Convertible Notes
2025-03-05→ 0 total(indirect: See Footnote)Exp: 2028-08-15→ Common Stock (6,793,262 underlying)
Transactions
- Exercise/Conversion
Common Stock
2025-03-05+6,793,262→ 7,026,560 total(indirect: See Footnote) - Exercise/Conversion
Convertible Notes
2025-03-05→ 0 total(indirect: See Footnote)Exp: 2028-08-15→ Common Stock (6,793,262 underlying)
Footnotes (3)
- [F1]On March 5, 2025, the Convertible Notes were exchanged for shares of Common Stock pursuant to an Exchange Agreement dated January 14, 2025 among the Issuer, BEP Special Situations IV LLC, Ascend Global Investment Fund SPC ("Ascend Global"), and Meridian Investments Corporation ("Meridian").
- [F2]All information in this Form 4 reflects the impact of the Issuer's 1-for-23 reverse stock split effected on February 14, 2025.
- [F3]Ascend Global is the record holder of 3,629,929 shares of Common Stock and Meridian is the record holder of 3,396,631 shares of Common Stock. Ascend Global is the sole shareholder of Meridian, and may be deemed to share beneficial ownership of the securities held of record by Meridian. Ascend Financial Holdings Limited is the sole shareholder of Ascend Capital Advisors (S) Pte. Ltd., which is the sole partner of Ascend Global. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities beneficially owned by Ascend Global. By virtue of his control of Ascend Financial, Mr. Susanto may also be deemed to share beneficial ownership of the securities beneficially owned by Ascend Global under Section 13(d) of the Securities Exchange Act of 1934 (as amended) and the rules promulgated by the U.S. Securities and Exchange Commission thereunder. Mr. Susanto disclaims beneficial ownership of the securities beneficially owned by Ascend Global.
Documents
Issuer
5E Advanced Materials, Inc.
CIK 0001888654
Entity typeother
Related Parties
1- filerCIK 0002001327
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:15 PM ET
- Size
- 16.2 KB