Ampersand 2018 LP swaps preferred for Interpace Biosciences (IDXG) stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ampersand 2018 Limited Partnership, a 10% owner of Interpace Biosciences, Inc., reported converting preferred stock into common shares. On January 20, 2026, it converted 28,000 Series C Convertible Preferred shares into 13,861,386 shares of common stock.
The preferred shares had a stated value of $1,000 per share and a conversion price of $2.02 per common share, which determines how many common shares are issued on conversion. Following this transaction, the reporting holder owned 13,861,386 common shares directly and no remaining Series C preferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,000 shares exercised/converted
Mixed
2 txns
Insider
Ampersand 2018 Limited Partnership
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series C Convertible Preferred Stock | 28,000 | $0.00 | -- |
| Conversion | Common Stock | 13,861,386 | $2.02 | $28.00M |
Holdings After Transaction:
Series C Convertible Preferred Stock — 0 shares (Direct);
Common Stock — 13,861,386 shares (Direct)
Footnotes (1)
- On January 20, 2026, 28,000 shares of the Issuer's Series C Convertible Preferred Stock, par value $0.01 per share (the "Series C Preferred Shares"), were converted into 13,861,386 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"). The Series C Preferred Shares were convertible into a number of shares of Common Stock equal to the initial stated value per Series C Share of $1,000 divided by the initial conversion price of $2.02 per shares and then multiplied by the number of Series C Preferred Shares to be converted. These securities are held of record by Ampersand 2018 Limited Partnership (the "Investor"). AMP-18 Management Company Limited Partnership ("AMCLP") is the general partner of the Investor, and AMP-18 MC LLC ("AMCLLC") is the general partner of AMCLP. By virtue of such relationships, AMCLP and AMCLLC may be deemed to have voting and investment power with respect to the securities held by the Investor noted above and as a result may be deemed to have beneficial ownership over such securities. Each of the Investor, AMCLP and AMCLLC disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity or person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose. The Series C Preferred Shares had no expiration date.
FAQ
What insider transaction did Ampersand 2018 Limited Partnership report for Interpace Biosciences (IDXG)?
Ampersand 2018 Limited Partnership reported converting 28,000 shares of Series C Convertible Preferred Stock into 13,861,386 shares of Interpace Biosciences common stock. This conversion was recorded on January 20, 2026, and left the holder with only common shares and no remaining Series C preferred.
What are the key terms of the Series C Convertible Preferred Stock for Interpace Biosciences (IDXG)?
Each Series C Preferred share had a stated value of $1,000 and was convertible into common stock at a $2.02 per share conversion price. The number of common shares issued depended on this formula multiplied by the number of Series C shares converted.
Who is the reporting person in this Interpace Biosciences (IDXG) Form 4 and what is their role?
The reporting person is Ampersand 2018 Limited Partnership, identified as a 10% owner of Interpace Biosciences. Related entities AMP-18 Management Company Limited Partnership and AMP-18 MC LLC may be deemed beneficial owners through control relationships, though each party disclaims beneficial ownership beyond any pecuniary interest.
Did the Series C Preferred Stock of Interpace Biosciences (IDXG) have an expiration date?
The filing states that the Series C Preferred Shares had no expiration date. This means the holder could choose when to convert them into common stock, based on the fixed stated value and the $2.02 per share conversion price described in the disclosure.