SEC Form 4 · accession 0001179110-18-013624
Axe Compute Inc. · AGPU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl I. Schwartz
Officer — Chief Executive Officer · Director
Period of report
Nov 30, 2018
Accepted (ET)
Dec 10, 2018 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001446159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 66,173 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to purchase common stockF1 | $0.836 | Nov 30, 2018 | P | 221,292 | A | May 30, 2019 | Nov 30, 2023 | Common Stock | 221,292 | 221,292 | D |
Explanation of responses
- F1Warrant issued in connection with an investment of $370,000 in the Issuer resulting in a promissory note and the warrant reported herein. Under agreements with the Issuer, the Reporting Person will also make a future investment of an additional $130,000 which will result in additional warrants.