OBAI director Paul Morin details common and preferred stakes in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
TG-17, Inc. director Paul Alphonse Morin filed an initial ownership report showing his current stake in the company. He directly holds 41,202 shares of common stock and several derivative positions, including 64,792 shares of Series B-3 Convertible Preferred Stock and warrants and options over additional common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Morin Paul Alphonse
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series B-3 Convertible Preferred Stock | -- | -- | -- |
| holding | Series CF-2 Warrant | -- | -- | -- |
| holding | Equity Option Award | -- | -- | -- |
| holding | Equity Option Award | -- | -- | -- |
| holding | Equity Option Award | -- | -- | -- |
| holding | Equity Option Award | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series B-3 Convertible Preferred Stock — 64,792 shares (Direct);
Series CF-2 Warrant — 1,553 shares (Direct);
Equity Option Award — 4,777 shares (Direct);
Common Stock — 41,202 shares (Direct)
Footnotes (1)
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FAQ
What does the latest Form 3 filing reveal about OBAI director Paul Morin’s holdings?
The Form 3 shows director Paul Alphonse Morin’s initial ownership in TG-17, Inc. He directly holds 41,202 common shares plus multiple derivative securities, including 64,792 shares of Series B-3 Convertible Preferred Stock, warrants, and equity option awards over additional common stock.
What derivative securities linked to OBAI common stock does Paul Morin report on Form 3?
Paul Morin reports several derivative securities, including Series B-3 Convertible Preferred Stock for 64,792 underlying common shares, a Series CF-2 Warrant for 1,553 shares, and multiple equity option awards covering 4,777, 3,185, 1,057, and 16,000 common shares at specified exercise prices.
Does Paul Morin’s Series B-3 Convertible Preferred Stock in OBAI have an expiration date?
The filing states that the Series B-3 Convertible Preferred Stock has no expiration date. This means the preferred shares remain outstanding under their terms, with 64,792 underlying common shares reported as beneficially owned through this non-expiring preferred stock position.
What are the key terms of Paul Morin’s TG-17, Inc. option awards reported on Form 3?
The Form 3 lists several equity option awards exercisable into common stock. Exercise prices are $0.42 or $1.70 per share, with expiration dates ranging from June 11, 2032 to June 28, 2035, covering blocks of 4,777, 3,185, 1,057, and 16,000 shares.
Is the Series CF-2 Warrant held by Paul Morin in OBAI near-term or long-dated?
The Series CF-2 Warrant for 1,553 common shares is exercisable starting July 14, 2025 and expires on February 4, 2028. This makes it a medium-term warrant, with a $3.8643 exercise price and a defined window for potential exercise.