Weiss Amitay bought VBIX
June 18, 2024 · Form 4 insider transaction
Weiss Amitay bought 2,518 shares of VBIX at $1.00 per share, a transaction worth $2.5K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 276 days after the transaction.
Footnotes
The shares of common stock were issued by the Company to the reporting person upon the conversion of outstanding interest, at a conversion rate of $1.00, due under a loan provided by the reporting person pursuant to the facility agreement between the Company, the reporting person and the other lenders listed therein (the "Facility Agreement").; Includes (i) 27,778 shares of common stock, par value $0.0001 per shares that was previously issued to the reporting person and (ii) a warrant to purchase 5,000 shares of common stock, par value $0.0001 per share, that was previously issued by the Company to the reporting person, which is currently exercisable or exercisable within 60 days of March 21, 2025, held by Amitay Weiss Management Ltd.; The reporting person is the officer, sole director, chairman of the board of directors and controlling shareholder of Amitay Weiss Management Ltd.