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KULR Technology Group, Inc. — Director's Dealing 2024
Jan 26, 2024
33804_dirs_2024-01-26_daa790af-b2d9-4c23-8381-ac7e03893bea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KULR Technology Group, Inc. (KULR)
CIK: 0001662684
Period of Report: 2024-01-26
Reporting Person: Mo Michael (Director, CEO & Chairman of the Board, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-26 | Series A Preferred Stock | J | 730000 | — | Acquired | 730000 | Direct |
Footnotes
F1: The Company issued 730,000 shares of Non-Convertible Series A Voting Preferred Stock to the Chairman and Chief Executive Officer, Michael Mo, in accordance with a resolution passed by the Company's Board of Directors (the "Board") and the prior approval of the majority stockholders of the Company. This issuance is part of a strategic initiative to reinforce and enhance the Company's flexibility to optimize its negotiating position in any potential current and/or future engagements with commercial, financial, and/or strategic parties, and to provide defenses against potential hostile third-party actions.