BENARON REEVE enters VADO CORP. with 74.31M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Indirect Derivatives
Filed: 11/27/2023ACC: 0001185185-23-001246
74.31M
Baseline shares
20% direct
14.86M
Direct ownership
1 position
3.43M
Derivative underlying
1 instrument
2
Security positions
59.45M indirect
Non-Derivative Holdings2
Common Stock
DirectShares owned14.86M
Common Stock
IndirectShares owned59.45M
Total
14.86M direct·59.45M indirect74.31M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 14.86M | Direct |
| Common Stock | 59.45M | Indirect |
| Total | 74.31M | 14.86M direct·59.45M indirect |
Derivative Holdings1
Convertible Promissory Note
IndirectUnderlying security
Common Stock
Underlying shares
3.43M
Shares owned
N/A
Exercise price
0.233
Expiration
—
Exercise window
—
Total
Underlying
3.43M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Convertible Promissory Note Indirect | Common Stock | 0.233 | — | — | 3.43M | N/A |
| Total | 3.43M | 0.00 | ||||