Milovanovic Aleksandar sold GMGI
September 9, 2025 · Form 4 insider transaction
Milovanovic Aleksandar sold 200,000 shares of GMGI, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4.
Footnotes
On September 9, 2025, the Reporting Person and the Issuer entered into a Post-Closing Cash Conversion Agreement dated August 29, 2025, pursuant to which: (i) on September 9, 2025, $100,000 of post-closing cash consideration owed to the Reporting Person by the Issuer was converted into 81,300 shares of Issuer common stock; (ii) on September 9, 2025, $100,000 of post-closing cash consideration owed to the Reporting Person by the Issuer was converted into 98,039 shares of the Issuer's common stock; and (iii) on September 12, 2025, $10,000 of post-closing cash consideration owed to the Reporting Person by the Issuer was converted into 99,009 shares of the Issuer's common stock based on a conversion price equal to the closing sales price of the Issuer's common stock on September 12, 2025.