SEC Form 3 · accession 0001144204-18-006360
Fabric.AI, Inc. · FABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Newman
Officer — See Remarks · Director · 10% Owner
Period of report
Jan 30, 2018
Accepted (ET)
Feb 7, 2018 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086745
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 722,210 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of capital stock of the corporation then known as DropCar, Inc. ("Private DropCar") were converted into shares of the Issuer pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of September 6, 2017, as amended, by and among the Issuer, DC Acquisition Corporation and Private DropCar (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, each share of capital stock was exchanged for 0.3273 shares of the Issuer's common stock, giving effect to a reverse split of the Issuer's common stock of 4-to-1.
Remarks
Title - Secretary, Treasurer, Chief Business Development Officer