Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

COGNITION THERAPEUTICS INC Director's Dealing 2021

Oct 8, 2021

34027_dirs_2021-10-07_ad4ad47a-7bdd-48cf-8329-222258ed57f4.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COGNITION THERAPEUTICS INC (CGTX)
CIK: 0001455365
Period of Report: 2021-10-07

Reporting Person: BIOS Memory SPV I, LP (10% Owner)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series B Convertible Preferred Stock $ Common Stock (1424014) Direct
Series B Convertible Preferred Stock $ Common Stock (418926) Indirect
Series B Convertible Preferred Stock $ Common Stock (245029) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (78298) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (255765) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (351844) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (34238) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (41620) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (596899) Indirect
Series B-1 Convertible Preferred Stock $ Common Stock (34472) Indirect
Warrant (Right to Buy) $0.03 2023-03-15 Common Stock (33495) Indirect
Simple Agreement for Future Equity $ Common Stock () Indirect
Simple Agreement for Future Equity $ Common Stock () Indirect
Simple Agreement for Future Equity $ Common Stock () Indirect

Footnotes

F1: The Series B Convertible Preferred Stock is convertible into shares of common stock on a one-for-one basis and has no expiration date. The number of underlying shares of common stock reported in Column 3 reflects a 1-for-3.2345 reverse stock split effected on October 1, 2021, pursuant to which each share of Series B Convertible Preferred Stock was adjusted to become convertible into 0.309166795 shares of common stock.

F2: The Series B-1 Convertible Preferred Stock is convertible into shares of common stock on a one-for-one basis and has no expiration date. The number of underlying shares of common stock reported in Column 3 reflects a 1-for-3.2345 reverse stock split effected on October 1, 2021, pursuant to which each share of Series B-1 Convertible Preferred Stock was adjusted to become convertible into 0.309166795 shares of common stock.

F3: The warrant expries on the earliest of (i) March 15, 2023, (ii) upon a liquidation, dissolution or winding up of the Company, (iii) the closing of a Sale Transaction (as defined in the warrant), (iv) upon the closing of the issuer's Initial Public Offering ("IPO") or (v) upon repayment of a promissory note issued in connection with the warrant.

F4: The Simple Agreement for Future Equity is convertible into Common Stock automatically upon the closing of the issuer's IPO and has no expiration date.