SS Innovations COO uses 32K shares for debt
SS Innovations International, Inc. executive Barry F. Cohen, COO – Americas, reported an insider transaction involving company common stock.
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Rhea-AI Filing Summary
SS Innovations International, Inc. executive Barry F. Cohen, COO – Americas, reported an insider transaction involving company common stock. He tendered 32,000 shares of common stock at $6.63 per share to a non-affiliated third-party lender in satisfaction of principal and interest on a $200,000 promissory note. Following this stock-for-debt repayment, he continues to hold 7,806,088 common shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, $0.0001 par value | 32,000 | $6.63 | $212K |
Footnotes (1)
- F1. Represents shares of common stock of SS Innovations International, Inc. ("SSI") tendered by the reporting person in satisfaction of principal and interest due on a $200,000 promissory note made by the reporting person in favor of a non-affiliated third-party lender.
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