December 29, 2023 · Form 4 insider transaction
IAF, LLC bought 7,636,362 shares of CMRA at $0.00 per share, a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 7 days after the transaction.
The reporting person entered into a Securities Purchase Agreement with the Issuer on December 29, 2023, pursuant to which the reporting person acquired (i) $210,000 principal amount of the Issuer's 12.0% Senior Secured Convertible Notes (the "Notes") and (ii) 7,636,362 warrants, each exercisable to purchase one share of the Company's common stock, par value $0.0001 per share ("Common Stock"), at an exercise price of $0.055 per share (the "Warrants"), representing 200% of the number of shares of Common Stock issuable upon conversion of the Notes immediately after the issuance thereof.