09/03/2025 | Press release | Distributed by Public on 09/03/2025 16:17
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bates Jonathan Robert 10845 GRIFFITH PEAK DR. #2 LAS VEGAS, NV 89135 |
X | Chief Executive Officer |
/s/ Jonathan Bates | 09/03/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The shares were previously held by Innovative Digital Investors Emerging Technology LP ("IDI"), and were distributed in connection with the dissolution and winding up of IDI. |
(2) | Includes (i) 210,000 shares owned by BFAM Partners, LLC ("BFAM"), (ii) 393,000 shares owned by the Reporting Person, and (iii) 252,044 shares beneficially owned by Progression Asset Management Corporation. This does not include 15,427 shares held by The Entrust Group, Inc. Custodian FBO Jonathan Bates IRA, which is contained in the Original Form 4 (defined below) as an entry following the line this amendment seeks to correct. The Reporting Person is the 100% owner and shareholder of PAMC. The Reporting Person owns 90% of BFAM, and a trust established for his children owns the remaining 10%. |
(3) | Shares are owned by BFAM & Co., LLC ("BFAM & Co"). The Reporting Person owns 90% of BFAM & Co, and a trust established for his children owns the remaining 10%. |
Remarks: This Form 4/A is being filed to correct an entry in the Form 4 filed on August 28, 2025 (the "Original Form 4"). The entity that acquired the 96,818 shares of common stock on August 26, 2025, via a distribution by IDI, is BFAM & Co., LLC and not BFAM Partners, LLC as previously reported on the Original Form 4. |