March 16, 2026 · Form 4 insider transaction
Seaman John William sold an undisclosed number of shares of IAUX at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reported securities were disposed of pursuant to a mandatory redemption by the Issuer pursuant to the terms of the indenture. Represents $50,000 in principal secured convertible debentures maturing February 22, 2027. A 4% premium associated with the early mandatory redemption was applied to the principal amount and accrued interest in accordance with the indenture. The Notes were convertible at $3.38 per share. Accrued and unpaid interest were converted into common shares based on the market price of the common shares in accordance with the terms of the indenture.