Bending Spoons (BSP) director discloses 431K shares and 17.7K warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bending Spoons S.p.A. director Leah Rose Schwartz has reported her initial ownership in a Form 3. She holds 431,145 Ordinary Shares directly. She also holds 17,745 Warrants to acquire Ordinary Shares, which are fully vested and exercisable at an exercise price of $6.1981 per share based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro, and these warrants expire on September 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schwartz Leah Rose
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Warrants — 17,745 shares (Direct);
Ordinary Shares — 431,145 shares (Direct)
Footnotes (1)
- The warrants are fully vested and exercisable. The exercise price is denominated in euros. The price reported herein is based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro.
Key Figures
Ordinary Shares held: 431,145 shares
Warrants held: 17,745 warrants
Warrant exercise price: $6.1981 per share
+3 more
6 metrics
Ordinary Shares held
431,145 shares
Direct ownership reported on Form 3
Warrants held
17,745 warrants
Direct derivative position in Bending Spoons
Warrant exercise price
$6.1981 per share
Based on 1.1607 U.S. dollars per 1.00 euro
Warrant expiration date
September 29, 2026
Final exercise date for 17,745 Warrants
Underlying shares for warrants
17,745 Ordinary Shares
Shares issuable upon exercise of Warrants
Exchange ratio used
1.1607 USD per 1.00 EUR
Used to state the exercise price in U.S. dollars
Key Terms
Form 3, Ordinary Shares, Warrants, fully vested and exercisable, +2 more
6 terms
Form 3 regulatory
"has reported her initial ownership in a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Warrants financial
"She also holds 17,745 Warrants to acquire Ordinary Shares"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
fully vested and exercisable financial
"These Warrants are fully vested and exercisable at an exercise price"
exercise price financial
"exercisable at an exercise price of $6.1981 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
exchange ratio financial
"based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro"
The exchange ratio is the number used to decide how many shares of one company you get for each share you own in another company during a merger or acquisition. It’s like a recipe that tells you how to swap shares fairly, ensuring both companies’ values are balanced. This ratio matters because it determines how ownership divides between the companies' shareholders.
FAQ
What does Bending Spoons (BSP) director Leah Rose Schwartz report in this Form 3?
Leah Rose Schwartz reports her initial ownership position as a director. She directly holds 431,145 Ordinary Shares and 17,745 Warrants for Bending Spoons S.p.A., giving investors a baseline view of her equity and warrant interests in the company.
What warrants does Leah Rose Schwartz hold in Bending Spoons (BSP)?
She holds 17,745 Warrants, each linked to one Ordinary Share of Bending Spoons S.p.A. These Warrants are fully vested and exercisable, giving her the right to acquire additional shares before their stated expiration date in 2026.
What is the exercise price and expiration date of Leah Rose Schwartz’s Bending Spoons warrants?
Her Warrants have an exercise price of $6.1981 per Ordinary Share, based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro. The Warrants are fully vested and expire on September 29, 2026, if not exercised.
Does this Bending Spoons (BSP) Form 3 show any recent insider buying or selling?
No specific buy or sell transactions are identified; the entries are categorized as holdings with unknown transaction codes. The Form 3 primarily establishes Leah Rose Schwartz’s existing Ordinary Share and Warrant positions rather than detailing new market transactions.