SEC Form 4 · accession 0001209191-18-045772
ChronoScale Holdings Corp · CHRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Puissance Capital Management LP
10% Owner
Theodore T Wang
Director · 10% Owner
Puissance Capital Fund (GP) LLC
10% Owner
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 9:05 pm 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 Stock | Aug 3, 2018 | A | 19,179 | $1.79 | A | 19,179 | D | |
| Common StockF1 | holding | — | — | — | 20,534,898 | I | By Puissance Cross-Border Opportunities II LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $1.79 | Aug 3, 2018 | A | 41,000 | A | — | Aug 3, 2028 | Common Stock | 41,000 | 41,000 | D |
Explanation of responses
- F1These securities are held directly by Puissance Cross-Border Opportunities II LLC and may be deemed to be beneficially owned by Puissance Capital Management LP, the investment manager of Puissance Cross Border Opportunities II LLC; Puissance Capital Management (GP) LLC, the general partner of Puissance Capital Management LP; Puissance Capital Fund (GP) LLC, the general partner of Puissance Cross Border Opportunities II LLC; and Theodore T. Wang, the managing member of Puissance Capital Management (GP) LLC and Puissance Capital Fund (GP) LLC. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F2The option vests and becomes exercisable in 12 equal monthly installments beginning on the one-month anniversary of June 7, 2018.