COCH Form 4 reports purchase transactions
Potashnick Robert reported open-market purchase transactions in a Form 4 filing for COCH.
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Rhea-AI Filing Summary
Potashnick Robert reported open-market purchase transactions in a Form 4 filing for COCH. The filing lists transactions totaling 552,500 shares at a weighted average price of $0.40 per share. Following the reported transactions, holdings were 127,500 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrant (right to buy) | 127,500 | $0.00 | $0.00 |
| Purchase | Warrant (right to buy) | 212,500 | $0.00 | $0.00 |
| Purchase | Class A Common Stock | 212,500 | $0.40 | $85K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Footnotes (4)
- F1. Options to purchase 3,750 shares vest on 2/5/2027, and 11,250 shares vest pro rata on the 5th of each month thereafter for 36 consecutive months.
- F2. Exercisable upon shareholder approval of the issuance of shares of Class A Common Stock underlying the warrants.
- F3. The Series A-1 Warrants expire on the earlier of (i) two years from the initial exercise date and (ii) 30 days after the date on which the Company announces that it has submitted a Premarket Approval Application to the Food and Drug Administration (FDA) for its Acclaim CI Device.
- F4. The Series A-2 Warrants expire on the earlier of (i) five years from the initial exercise date and (ii) 30 days after the date on which the Company announces that it has received FDA approval for its Acclaim CI Device.
FAQ
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What insider transaction did Envoy Medical (COCH) disclose for its interim CFO?
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When can the Envoy Medical (COCH) warrants held by the interim CFO be exercised?
How do FDA milestones affect Envoy Medical’s Series A-1 and A-2 warrants?
What are the key terms of the stock option reported by Envoy Medical’s interim CFO?
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