4//SEC Filing
Karkus Ted William 4
Accession 0001641172-25-027126
CIK 0000868278other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 4:05 PM ET
Size
6.3 KB
Accession
0001641172-25-027126
Insider Transaction Report
Form 4
Karkus Ted William
10% Owner
Transactions
- Award
warrants
2025-09-09+500,000→ 500,000 totalExercise: $0.60Exp: 2030-09-09→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Warrants issued upon increase in authorized shares being approved by shareholders. The Reporting Person loaned PRPH funds, with a contingency that a warrant to purchase 500,000 shares of the Issuer's common stock at an exercise price of $0.60 per share would be issued if and only if the company's shareholders approved an amendment to the Certificate of Incorporation increasing the authorized shares of common stock from 50,000,000 to 1,000,000,000. Shareholders approved the increase in the authorized shares on September 9, 2025. The Warrant is described in the Issuer's Current Report on Form 8-K/A filed June 26, 2025 (Item 1.01), which states the Warrant has a five-year term. The expiration date shown (09/09/2030) is a five-year term from the issuance date. The Warrant was issued as consideration in connection with a related-party loan agreement between the Issuer and the Reporting Person dated June 22, 2025. See Form 8-K/A filed June 26, 2025 for additional details.
Documents
Issuer
ProPhase Labs, Inc.
CIK 0000868278
Entity typeother
Related Parties
1- filerCIK 0001457896
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 4:05 PM ET
- Size
- 6.3 KB