BRAC LENDING GROUP LLC enters NRX PHARMACEUTICALS, INC. with 1.64M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 11/26/2018ACC: 0001094891-18-000189
10% Owner
Since Nov 2018
1.64M
Baseline shares
0.00
Direct ownership
0 positions
530K
Derivative underlying
3 instruments
2
Security positions
1.64M indirect
Non-Derivative Holdings2
Common Stock
IndirectShares owned138K
Common Stock
IndirectShares owned1.50M
Total
1.64M indirect1.64M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 138K | Indirect |
| Common Stock | 1.50M | Indirect |
| Total | 1.64M | 1.64M indirect |
Derivative Holdings3
Unit Purchase Option (Right to Buy)
IndirectUnderlying security
Units
Underlying shares
370K
Shares owned
N/A
Exercise price
10.00
Expiration
—
Exercise window
—
Unit Purchase Option (Right to Buy)
IndirectUnderlying security
Units
Underlying shares
80K
Shares owned
N/A
Exercise price
10.00
Expiration
—
Exercise window
—
Unit Purchase Option (Right to Buy)
IndirectUnderlying security
Units
Underlying shares
80K
Shares owned
N/A
Exercise price
10.00
Expiration
—
Exercise window
—
Total
Underlying
530K
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Unit Purchase Option (Right to Buy) Indirect | Units | 10.00 | — | — | 370K | N/A |
| Unit Purchase Option (Right to Buy) Indirect | Units | 10.00 | — | — | 80K | N/A |
| Unit Purchase Option (Right to Buy) Indirect | Units | 10.00 | — | — | 80K | N/A |
| Total | 530K | 0.00 | ||||