May 11, 2026 · Form 4 insider transaction
Green Park & Golf Ventures II, LLC sold 100,000 shares of MOBI Corp, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 49 days after the transaction.
The Convertible Notes converted into Common Stock immediately prior to the closing of the Offering. The conversion price is the lower of (a) 80% of the Offering price per share and (b) the valuation of the Issuer immediately prior to the closing of the Offering divided by the number of fully diluted shares of capital stock (on an as-converted basis) outstanding immediately prior to Offering, excluding the Convertible Notes.; The securities are held by GPG SC, LLC ("SC").; Green Park & Golf Ventures II, LLC ("GPG Ventures II") is the managing member of each of SC, WG, MTIF, Micro TI, Micro TI 2, and MTI 20. Clay M. Heighten, MD, Carl D. Soderstrom and Gilbert G. Garcia II are managers of GPG Ventures II and share voting and dispositive power with respect to the shares held by each of SC, WG, MTIF, Micro TI, Micro TI 2, and MTI 20, and as a result may be deemed to beneficially own such securities.