TITAN ADVISORS, LLC enters TOUGHBUILT INDUSTRIES, INC with 1.42M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 1/10/2019ACC: 0001567619-19-000977
10% Owner
Since Dec 2018
1.42M
Baseline shares
0.00
Direct ownership
0 positions
1.85M
Derivative underlying
2 instruments
1
Security positions
1.42M indirect
Non-Derivative Holdings1
Class A common stock, $0.0001 par value per share
IndirectShares owned1.42M
Total
1.42M indirect1.42M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A common stock, $0.0001 par value per share | 1.42M | Indirect |
| Total | 1.42M | 1.42M indirect |
Derivative Holdings2
Series A Warrants
IndirectUnderlying security
Common Stock
Underlying shares
925K
Shares owned
N/A
Exercise price
5.50
Expiration
—
Exercise window
—
Series B Warrants
IndirectUnderlying security
Common Stock
Underlying shares
925K
Shares owned
N/A
Exercise price
5.50
Expiration
—
Exercise window
—
Total
Underlying
1.85M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series A Warrants Indirect | Common Stock | 5.50 | — | — | 925K | N/A |
| Series B Warrants Indirect | Common Stock | 5.50 | — | — | 925K | N/A |
| Total | 1.85M | 0.00 | ||||