SEC Form 4 · accession 0000919574-18-005768
Avalo Therapeutics, Inc. · AVTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
ARMISTICE CAPITAL, LLC
Director · 10% Owner
Armistice Capital Master Fund Ltd.
10% Owner
Steven Boyd
Director · 10% Owner
Period of report
Aug 17, 2018
Accepted (ET)
Aug 20, 2018 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534120
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 17, 2018 | P | 1,000,000 | $3.91 | A | 17,480,000 | D | |
| Common StockF3 | Aug 17, 2018 | P$0 | 0 | $0.00 | A | 17,480,000 | I | See Footnote |
| Common StockF3 | Aug 17, 2018 | P$0 | 0 | $0.00 | A | 17,480,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WARRANTSF2,F4 | $0.40 | holding | — | — | — | — | Jun 30, 2022 | COMMON STOCK | 14,285,714 | 14,285,714 | D |
| WARRANTSF3,F4 | $0.40 | holding | — | — | — | — | Jun 30, 2022 | COMMON STOCK | 14,285,714 | 14,285,714 | I |
| WARRANTSF3,F4 | $0.40 | holding | — | — | — | — | Jun 30, 2022 | COMMON STOCK | 14,285,714 | 14,285,714 | I |
Explanation of responses
- F1On August 17, 2018, the Issuer and Armistice Capital Master Fund Ltd. (the "Master Fund") entered into a Securities Purchase Agreement pursuant to which the Master Fund purchased 1,000,000 shares of the Issuer's Common Stock, $0.001 par value, at a purchase price of $3.91 per share.
- F2The reported securities are directly owned by Armistice Capital Master Fund Ltd.
- F3The reported securities are directly owned by Armistice Capital Master Fund Ltd., a Cayman Islands corporation, and may be deemed to be indirectly beneficially owned by Armistice Capital, LLC, as the investment manager of Armistice Capital Master Fund Ltd. The reported securities may also be deemed to be indirectly beneficially owned by Steven Boyd as Managing Member of Armistice Capital, LLC and Director of Armistice Capital Master Fund Ltd. Armistice Capital, LLC and Steven Boyd disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that either of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F4These warrants are currently exercisable.