Borg Bjarne Erik Siwert sold SGD
October 13, 2025 · Form 4 insider transaction
Borg Bjarne Erik Siwert sold 181,667 shares of SGD at $0.00 per share, 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.
Footnotes
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.; On September 29, 2025, the Issuer's stockholders approved the issuance of the Issuer's Common Stock upon the conversion of the Issuer's Series A Preferred.; 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.; Total shares of Common Stock include 1,090,006 shares of Common Stock held by Index Equity US LLC. Total shares of Series A Preferred include 303,949 shares of Series A Preferred held by Index Equity US LLC ("IEU") and 150 shares of Series A Preferred held by Index Resource Equity LLC ("IRE"). The Reporting Person is the manager of IEU and the manager of Index Management Services LLC, which is the manager of IRE.; The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.