SEC Form 3 · accession 0001140361-15-018108
ChronoScale Holdings Corp · CHRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
CNI COMMERCIAL LLC
10% Owner
David Nimmo
10% Owner
CHICKASAW NATION INDUSTRIES, INC.
10% Owner
Period of report
May 6, 2015
Accepted (ET)
May 7, 2015 · 11:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001549084
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | holding | — | — | — | 10,368,373 | I | By CNI Commercial LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (RIGHT TO BUY)F1,F2 | $1.38 | holding | — | — | — | — | — | COMMON STOCK | 279,645 | — | I |
Explanation of responses
- F1The shares and the warrants are owned directly by CNI Commercial LLC, which is a wholly owned subsidiary of Chickasaw Nation Industries, Inc., of which David Nimmo is the President and Chief Executive Officer. David Nimmo disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F2The Warrant is currently exercisable and expires on May 20, 2020.