3//SEC Filing
Novel Inspiration International Co., Ltd. 3
Accession 0002097627-26-000008
CIK 0001006045other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:29 PM ET
Size
9.0 KB
Accession
0002097627-26-000008
Insider Transaction Report
Form 3
IRIDEX CORPIRIX
Holdings
Series B Preferred Stock
From: 2025-03-19→ Common Stock (3,000,000 underlying)Convertible Promissory Note
Exercise: $10.00From: 2025-03-19Exp: 2028-03-19→ Series B Preferred Stock (400,000 underlying)
Lin Shih-Yao David
10% Owner
Holdings
Series B Preferred Stock
From: 2025-03-19→ Common Stock (3,000,000 underlying)Convertible Promissory Note
Exercise: $10.00From: 2025-03-19Exp: 2028-03-19→ Series B Preferred Stock (400,000 underlying)
Footnotes (4)
- [F1]This Form 3 is filed jointly by Novel Inspiration International Co., Ltd. ("Novel Inspiration") and Shih-Yao David Lin. Mr. Lin is the sole officer, director and stockholder of Novel Inspiration.
- [F2]Prior to the Issuer receiving certain required approval by the Issuer's stockholders (the "Requisite Stockholder Approval"), as of March 19, 2025, Novel Inspiration may only covert into 3,356,126 shares of Common Stock, which is the number of shares equal to 19.99% of the Issuer's total outstanding Common Stock on March 19, 2025. The Requisite Stockholder Approval was obtained on June 11, 2025 at the Issuer's 2025 annual meeting of stockholders.
- [F3]Novel Inspiration holds 600,000 shares of Series B Preferred Stock and a convertible promissory note that is convertible, at the option of Novel Inspiration, into 400,000 shares of Series B Preferred Stock. Each share of Series B Preferred Stock is convertible, at the option of Novel Inspiration, into five shares of Common Stock and has no expiration date.
- [F4]The securities are owned directly by Novel Inspiration.
Documents
Issuer
IRIDEX CORP
CIK 0001006045
Entity typeother
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0002097627
Filing Metadata
- Form type
- 3
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:29 PM ET
- Size
- 9.0 KB