Evaxion (NASDAQ: EVAX) director details indirect shares and multiple warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Evaxion A/S director Lars Holtug filed an initial ownership report showing his existing positions in ordinary shares and warrants. Indirectly through LH2022 ApS, he holds 258029 ordinary shares plus warrants over 73529 shares at an exercise price of 0.7400 and 92250 shares at 0.0590. He also directly holds several warrant series over 4583, 5000, 5000, 20000 and 25000 ordinary shares with exercise prices between 0.0700 and 5.3800 and expirations running to 2031-12-31. Some warrants stem from a private placement that closed on 2023-12-21 and a public offering that closed on 2025-01-31, with certain grants vesting monthly over 12 months from their initial exercise dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
HOLTUG LARS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Warrants — 73,529 shares (Indirect, By LH2022 ApS);
Warrants — 4,583 shares (Direct);
Ordinary Shares — 258,029 shares (Indirect, By LH2022 ApS)
Footnotes (1)
- Mr. Holtug is a control person of such entity. Warrants pursuant to private placement that closed 12/21/2023. Warrants pursuant to public offering that closed 1/31/2025. Vesting is 1/12 per month over 12 months from the initial exercise date indicated.
FAQ
What does Evaxion (EVAX) director Lars Holtug report in this Form 3?
He reports existing holdings, not new trades, including indirect ownership of ordinary shares via LH2022 ApS and multiple warrant positions over ordinary shares, with specified exercise prices and expirations, reflecting his baseline equity exposure as a director of Evaxion A/S.
What warrant positions does Lars Holtug hold in Evaxion (EVAX)?
He holds several warrant series over Evaxion ordinary shares, both indirectly and directly. Indirect warrants cover 73529 and 92250 underlying shares, while direct warrants cover 4583, 5000, 5000, 20000 and 25000 shares, each with its own exercise price and expiration date.
What are the key exercise prices and expirations for Holtug’s Evaxion warrants?
Exercise prices range from 0.0590 to 5.3800 per underlying ordinary share. Expiration dates run from 2026-12-21 to 2031-12-31, giving a multi‑year window for potential exercise depending on each specific warrant series’ terms and vesting schedule.
How were some of Lars Holtug’s Evaxion warrants issued?
Some warrants were issued via a private placement that closed on 2023-12-21 and a public offering that closed on 2025-01-31. A portion vests at one‑twelfth per month over twelve months from the indicated initial exercise date, according to the disclosed footnotes.
Does this Evaxion Form 3 show insider buying or selling by Lars Holtug?
No buying or selling is shown. The entries are classified as holdings with unknown transaction codes, serving to disclose Holtug’s existing share and warrant positions rather than reporting new market transactions or changes in his ownership of Evaxion securities.