NeuroSense (NRSN) CEO details substantial share and warrant holdings
Rhea-AI Filing Summary
NeuroSense Therapeutics Ltd. filed an initial ownership report showing that Chief Executive Officer and 10% owner Alon Ben-Noon holds several blocks of ordinary shares and warrants. He directly holds 3,175,266 Ordinary Shares, plus additional direct holdings of 641,524 and 360,777 Ordinary Shares. He also holds warrants to purchase 26,666 Ordinary Shares at an exercise price of $0.75 per share, expiring on August 14, 2029, and warrants to purchase 80,000 Ordinary Shares at an exercise price of $1.25 per share, expiring on December 4, 2029. Footnotes explain that these warrants and related shares were acquired in private placements on August 15, 2024 and December 5, 2024, and that certain restricted shares vest 75% on April 16, 2027 and May 19, 2027, with the remainder vesting later in 2027, subject to continued service and a business milestone.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants to purchase Ordinary Shares | -- | -- | -- |
| holding | Warrants to purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- These restricted shares vest in accordance with the following vesting schedule: (i) 75% vest on April 16, 2027, and (ii) the remaining portion shall vest on October 16, 2027, subject to the Reporting Person's continued service to the Issuer as of such vesting date, provided that, the vesting of these restricted shares will accelerate, and the shares will become fully vested and exercisable, upon and subject to the achievement of a certain business milestone as set forth in the restricted share agreement between the Issuer and the Reporting Person. These restricted shares vest in accordance with the following vesting schedule: (i) 75% vest on May 19, 2027, and (ii) the remaining portion shall vest on November 19, 2027, subject to the Reporting Person's continued service to the Issuer as of such vesting date, provided that, the vesting of these restricted shares will accelerate, and the shares will become fully vested and exercisable, upon and subject to the achievement of a certain business milestone as set forth in the restricted share agreement between the Issuer and the Reporting Person. On August 15, 2024, the Reporting Person acquired (i) 26,666 ordinary shares of the Company, no par value per share ("Ordinary Shares"), and (ii) warrants to purchase up to 26,666 Ordinary Shares at a combined purchase price of $0.75 per Ordinary Share and accompanying warrant, in a private placement transaction pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended. On December 5, 2024, the Reporting Person acquired (i) 40,000 Ordinary Shares, and (ii) common warrants to purchase up to 80,000 Ordinary Shares, at a combined purchase price of $1.25 per Ordinary Share and accompanying common warrant, in a private placement transaction pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended.
FAQ
What insider position does NeuroSense (NRSN) report for CEO Alon Ben-Noon?
What warrants does the NeuroSense (NRSN) CEO hold according to this Form 3?
Does this NeuroSense (NRSN) Form 3 show any insider buying or selling activity?