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Mawson Infrastructure Group Inc. — Director's Dealing 2011
Dec 1, 2011
35202_dirs_2011-12-01_61a1ab3d-6101-49df-8e2d-04c81c03c10c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DENALI CONCRETE MANAGEMENT INC (DCMG)
CIK: 0001218683
Period of Report: 2011-11-21
Reporting Person: Can-Fite BioPharma Ltd. (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 38534631 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants | $ | Common Stock (2160102) | Direct |
Footnotes
F1: Pursuant to a warrant agreement issued by Denali Concrete Management, Inc. (the "Company") to Can-Fite BioPharma, Ltd. ("Can-Fite") on November 21, 2011, Can-Fite shall have the right at any time to convert its warrants until the earlier of (a) the 5th-year anniversary thereof and (b) the closing of the acquisition of the Company by another entity, resulting in the exchange of the outstanding shares of the Company's capital stock such that the stockholders of the Company prior to such transaction own, directly, or indirectly, less than 50% of the voting power of the surviving entity.
F2: Upon conversion, the per share purchase price for the shares of common stock will be as follows: (1) in the event that within 12 months of November 21, 2011, the Company or any of its affiliates completes any transaction which has a "bio-dollar" value of more than $100 million, then the par value of the shares of common stock, and (ii) at any other time, $1.144.