Telomir CEO gets 7,319,710 shares in acquisition
Telomir Pharmaceuticals CEO and Chairman Erez Aminov reported a restructuring-related share exchange rather than an open-market trade.
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Rhea-AI Filing Summary
Telomir Pharmaceuticals CEO and Chairman Erez Aminov reported a restructuring-related share exchange rather than an open-market trade. He is shown with 7,319,710 shares of common stock at a reported value of $1.3700 per share following the transaction. A footnote explains these Telomir shares were issued to him in exchange for his shares of TELI Pharmaceuticals, Inc. in connection with Telomir’s acquisition of TELI, so the filing reflects how his prior TELI ownership converted into Telomir equity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 7,319,710 | $1.37 | $10.03M |
Footnotes (1)
- F1. The shares of common stock, no par value of the Issuer issued to the Reporting Person are in exchange for the Reporting Person's shares of TELI Pharmaceuticals, Inc. ("TELI") in connection with the Issuer's acquisition of TELI.
Key Figures
Key Terms
Other acquisition or disposition financial
restructuring financial
TELI Pharmaceuticals, Inc. financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Telomir (TELO) report for CEO Erez Aminov?
Was the Telomir (TELO) CEO Form 4 an open-market buy or sell?
How is the Telomir (TELO) CEO’s transaction categorized in the Form 4 summary?
AI-generated analysis. How Rhea-AI works. Not financial advice.