Mathur Jaspreet 4
4 · Limitless X Holdings Inc. · Filed Apr 15, 2025
Insider Transaction Report
Form 4
Mathur Jaspreet
DirectorChief Executive Officer10% Owner
Transactions
- Other
Series D 15% Cumulative Redeemable Perpetual Preferred Stock
2025-04-14$25.00/sh+10,504$262,600→ 10,504 total(indirect: By LLC) - Other
Series D 15% Cumulative Redeemable Perpetual Preferred Stock
2025-04-14$25.00/sh+243,583$6,089,575→ 253,583 total - Other
Series D 15% Cumulative Redeemable Perpetual Preferred Stock
2025-04-14$25.00/sh+6,127$153,175→ 6,127 total(indirect: By Emblaze One, Inc.)
Footnotes (5)
- [F1]On April 14, 2025, Limitless X Holdings, Inc. (the "Issuer") and Jaspreet Mathur (the "Reporting Person") entered into a Debt Conversion Agreement, pursuant to which the Issuer and the Reporting Person agreed to convert $6,089,589 owed to the Reporting Person by the Issuer into 243,583 shares of the Issuer's Series D 15% Cumulative Redeemable Perpetual Preferred Stock ("Series D Preferred Stock"), based on a conversion price of $25 per share.
- [F2]On April 14, 2025, the Issuer and EM1 Capital LLC entered into a Debt Conversion Agreement, pursuant to which the Issuer and EM1 Capital LLC agreed to convert $262,600 owed to EM1 Capital LLC by the Issuer into 10,504 shares of the Issuer's Series D Preferred Stock, based on a conversion price of $25 per share.
- [F3]The Reporting Person is the Managing Member of EM1 Capital LLC.
- [F4]On April 14, 2025, the Issuer and Emblaze One, Inc. entered into a Debt Conversion Agreement, pursuant to which the Issuer and Emblaze One, Inc. agreed to convert $153,179 owed to Emblaze One, Inc. by the Issuer into 6,127 shares of the Issuer's Series D Preferred Stock, based on a conversion price of $25 per share.
- [F5]The Reporting Person is the Chief Executive Officer of Emblaze One, Inc.