4//SEC Filing
Geronimo Central Valley Opportunity Fund, LLC 4
Accession 0001654954-21-007375
CIK 0001838128other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 3:34 PM ET
Size
13.4 KB
Accession
0001654954-21-007375
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Geronimo CVOF Manager LLC
10% Owner
Transactions
- Other
Warrants (rights to buy)
2021-06-25−186,165→ 52,351,273 total(indirect: See Footnote)Exercise: $0.28From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (186,165 underlying) - Other
Covertible Debenture of Indus Holding Company
2021-06-25−37,233→ 10,470,254.5 total(indirect: See Footnote)Exercise: $0.20From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (186,165 underlying)
Holdings
- 800,063
Convertible Debenture of Indus Holding Company
Exercise: $0.20From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (0 underlying) - 800,063
Warrants (rights to buy)
Exercise: $0.28From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (0 underlying)
Transactions
- Other
Warrants (rights to buy)
2021-06-25−186,165→ 52,351,273 total(indirect: See Footnote)Exercise: $0.28From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (186,165 underlying) - Other
Covertible Debenture of Indus Holding Company
2021-06-25−37,233→ 10,470,254.5 total(indirect: See Footnote)Exercise: $0.20From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (186,165 underlying)
Holdings
- 800,063
Warrants (rights to buy)
Exercise: $0.28From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (0 underlying) - 800,063
Convertible Debenture of Indus Holding Company
Exercise: $0.20From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (0 underlying)
Footnotes (4)
- [F1]The principal amount of each Convertible Debenture is convertible into Class C Common Shares of Indus Holding Company ("Class C Common Shares"). Class C Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis in accordance with the certificate of incorporation of Indus Holding Company. Class C Common Shares may be redeemed at any time and have no expiration date.
- [F2]Interest accrues on the Convertible Debentures and is payable quarterly in arrears; any accrued and unpaid interest at the time of conversion of a Convertible Debenture is convertible into additional Class C Common Shares at $0.20 per share. Accrued interest is not included in the underlying share numbers.
- [F3]The transfer constituted a partial redemption of a membership interest in Geronimo Fund to a member unrelated to CVOF Manager. The value of the consideration for the transferred derivative securities is deemed to be the value of the redeemed portion of such membership interest.
- [F4]Geronimo Fund is the record holder of the convertible debenture and warrants. CVOF Manager disclaims beneficial ownership of the convertible debenture and warrants held by Geronimo Fund except to the extent of its pecuniary interest therein.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001810486
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 3:34 PM ET
- Size
- 13.4 KB