Large indirect Sofgen Pharma (PROCF) stake reported by insider Weinstein
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sofgen Pharma S.A. director and 10% owner Manieu Alexandre Weinstein filed an initial Form 3 that reports large indirect holdings in the company through Hoche Partners Pharma Holdings LLC. The filing shows indirect ownership of 626,495,816 Ordinary Shares and a warrant to purchase 79,201,647 Ordinary Shares.
The warrant has an exercise price of $0.0631 per Ordinary Share and expires on April 9, 2035. Both the Ordinary Shares and the warrant are beneficially owned by Hoche Partners Pharma Holdings LLC, an entity controlled by Mr. Weinstein, and this filing reflects holdings rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Manieu Alexandre Weinstein
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrant to Purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Warrant to Purchase Ordinary Shares — 79,201,647 shares (Indirect, By Hoche Partners Pharma Holdings LLC);
Ordinary Shares — 626,495,816 shares (Indirect, By Hoche Partners Pharma Holdings LLC)
Footnotes (1)
- Represents Ordinary Shares beneficially owned by Hoche Partners Pharma Holdings LLC ("Hoche"), an entity controlled by Mr. Weinstein. Represents a warrant to purchase Ordinary Shares beneficially owned by Hoche, an entity controlled by Mr. Weinstein.
FAQ
What does the Form 3 filing by Manieu Alexandre Weinstein for Sofgen Pharma (PROCF) disclose?
The Form 3 discloses Weinstein’s initial beneficial holdings in Sofgen Pharma. It reports indirect ownership, via Hoche Partners Pharma Holdings LLC, of 626,495,816 Ordinary Shares and a warrant linked to 79,201,647 additional Ordinary Shares at a $0.0631 exercise price.
What are the key terms of the Sofgen Pharma (PROCF) warrant reported on this Form 3?
The Form 3 shows a warrant to purchase 79,201,647 Sofgen Pharma Ordinary Shares. The warrant has an exercise price of $0.0631 per share and an expiration date of April 9, 2035, and is indirectly owned through Hoche Partners Pharma Holdings LLC.
Are there any buy or sell transactions in the Sofgen Pharma (PROCF) Form 3 for Manieu Alexandre Weinstein?
The Form 3 does not report new buy or sell transactions. Instead, it lists existing indirect holdings in Sofgen Pharma, including Ordinary Shares and a warrant, with transactions classified as holdings and transaction share amounts left blank for those entries.