Tribeca Investment Partners Pty Ltd 4
4 · CLS Holdings USA, Inc. · Filed May 7, 2024
Insider Transaction Report
Form 4
Tribeca Investment Partners Pty Ltd
10% Owner
Transactions
- Sale
Warrants
2024-02-22−454,545→ 0 total(indirect: Please refer to Footnotes)Exercise: $1.65From: 2022-09-15Exp: 2024-12-31→ Common Shares (454,545 underlying) - Sale
Common Shares
2024-02-22$0.04/sh−13,174,402$592,848→ 0 total(indirect: Please refer to Footnotes)
Footnotes (3)
- [F1]Immediately before the transaction, 13,174,402 Common Shares accounted for 9.57% of the total issued shares of the Issuer.
- [F2]This Form 4 is being filed by Tribeca Investment Partners Pty Ltd (Investment Manager) on behalf of itself and Tribeca Global Natural Resources Fund, Tribeca Global Natural Resources Limited, and Tribeca Segregated Portfolio Company on behalf and for the account Tribeca Global Natural Resources Segregated Portfolio (Funds). Tribeca Investment Partners Pty Ltd disclaims, for the purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its indirect pecuniary interest therein, and this report shall not be deemed an admission that the Investment Manager, is the beneficial owner of such securities for the purposes of Section 16 or for any other purposes.
- [F3]On February 22, 2024 (Effective Date), the Investment Manager and the Issuer entered into a Redemption Agreement for the Investment Manager to dispose of 13,174,402 Common Shares, 454,548 Warrants expiring December 31, 2024, and certain Second Amended and Restated Unsecured Debentures held by the Funds (Transaction). The Transaction was completed subsequent to the Effective Date.