SEC Form 4 · accession 0001078782-18-000812
TYG Solutions Corp. · TYYG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jul 25, 2018
Accepted (ET)
Aug 8, 2018 · 3:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615999
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 25, 2018 | J | 3,067,067 | — | A | 10,567,067 | D | |
| Common StockF2 | Jul 25, 2018 | S$0 | 3,750,000 | — | D | 6,817,067 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 25, 2018, the issuer entered into a Share Exchange Agreement (the "Share Exchange") with Kannalife Sciences, Inc., a Delaware corporation ("Kannalife") and certain stockholders of Kannalife (the "Kannalife Stockholders"), including reporting person, whereby reporting person exchanged its shares in Kannalife for 3,067,067 shares of common stock of the issuer.
- F2Concurrent with the closing of the Share Exchange, reporting person transferred 3,750,000 shares of common stock of the issuer held prior to the Share Exchange in a private transaction in exchange for a promissory note issued to reporting person in the amount of $135,000.