October 13, 2025 · Form 4 insider transaction
Borg Bjarne Erik Siwert bought 1,090,002 shares of SGD, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 9 days after the transaction.
Each share of Series A Convertible Preferred Stock ("Series A Preferred") is convertible into six shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock"), subject to compliance with Nasdaq rules.; There is no expiration date related to the conversion of shares of the Issuer's Series A Preferred into shares of Issuer's Common Stock.