DG Capital Management, LLC bought IVCRQ
March 13, 2024 · Form 4 insider transaction
DG Capital Management, LLC bought 4,182,724 shares of IVCRQ at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The Reporting Persons acquired the shares of the Issuer's common stock in connection with affiliates of the Reporting Persons providing additional advances to the Issuer pursuant to that certain Second Amendment to Loan and Security Agreement, dated as of March 13, 2024.; Shares reported herein are held by private investment funds, including DG Value Partners II Master Fund, LP, and separately managed accounts for which DG Capital Management, LLC serves as the investment manager. DG Value Partners II Master Fund, LP directly holds 5,323,209 shares of the Issuer's common stock. Mr. Gertzulin serves as the Managing Member of DG Capital Management, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that either of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.