AI OKTO CEO reports 40,000 preferred shares
AI OKTO Corp. Chief Executive Officer Petros Panagiotis Panagiidis reported indirect holdings of 3,206,185 common shares through Pani Corp. and 40,000 Series B Preferred Shares through Pelagos Holdings Corp.; both entities are controlled by him.
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Rhea-AI Filing Summary
AI OKTO Corp. Chief Executive Officer Petros Panagiotis Panagiidis reported indirect holdings of 3,206,185 common shares through Pani Corp. and 40,000 Series B Preferred Shares through Pelagos Holdings Corp.; both entities are controlled by him. He may be deemed to beneficially own the securities through that control, but disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares F1, F4 | -- | -- | -- |
| holding | Series B Preferred Shares F2, F3, F4 | -- | -- | -- |
Footnotes (4)
- F1. Shares reported as beneficially owned consist of 3,206,185 common share held indirectly through Pani Corp. ("Pani"), an entity controlled by the Reporting Person.
- F2. The reported 40,000 Series B Preferred Shares are held indirectly through Pelagos Holdings Corp. ("Pelagos"), an entity controlled by the Reporting Person.
- F3. Each Series B Preferred Share has the voting power of 100,000 common shares and the Series B Preferred Shares vote together with the issuer's common shares as a single class, subject to limited separate class voting rights and adjustment provisions as described in the issuer's governing documents.
- F4. The Reporting Person may be deemed to beneficially own the securities held by Pani and Pelagos by virtue of his control of such entities. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for purposes of Section 16 of the Exchange Act or otherwise.
Key Figures
Key Terms
beneficially owned regulatory
pecuniary interest regulatory
limited separate class voting rights technical
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