GENEXINE INC. purchased 60.7% of their position (34.48M shares) of REZOLUTE, INC. on the open market
Open‑market purchase worth $10.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 7/28/2021ACC: 0001209191-21-048448
+90.05M
Net shares
Net buyer
$10.00M
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
91.30M acquired · 1.25M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+56.82M
Price / share
—
Trade value
—
% of position
New position
4/26/2019
0.00→56.82M
Common Stock
Direct
Shares
+34.48M
Price / share
$0.29
Trade value
$10M
% of position
60.7%
7/23/2019
56.82M→91.30M
Total
Net shares
+91.30M
Net value
$10M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/26/2019 | C · Conversion | +56.82M | — | — | New position | 0.00 | 56.82M |
| Common Stock Direct | 7/23/2019 | P · Purchase | +34.48M | $0.29 | $10M | 60.7% | 56.82M | 91.30M |
| Total | +91.30M | $10M | ||||||
Derivative Transactions1
Series AA Preferred Stock
Direct
Converts to
Common Stock
56.82M shares
Shares
−1.25M
Strike price
0.22
Held after
0.00
Exercisable
—
4/26/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series AA Preferred Stock Direct | Common Stock56.82M shares | 4/26/2019 | C · Conversion | −1.25M | 0.22 | — | 0.00 |