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Onconetix, Inc. — Director's Dealing 2024
Nov 1, 2024
35411_dirs_2024-11-01_19b78e87-d9cd-454d-b04b-e704d956d2eb.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: Onconetix, Inc. (ONCO)
CIK: 0001782107
Period of Report: 2024-09-24
Reporting Person: Altos Venture AG (N/A)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Make-whole right (right to acquire) | $ | 2025-06-23 | Common Stock () | Direct |
Footnotes
F1: Pursuant to a Subscription Agreement with the Issuer dated December 15, 2023, the Reporting Person purchased Units of Common Stock and warrants (immediately exercised) on September 24, 2024. Under a make-whole provision in the Subscription Agreement, the Issuer agreed to adjust the price for the Units by issuing additional shares of Common Stock to the Reporting Person on June 23, 2025 in the event that the Issuer VWAP during the period from September 25, 2024 through June 21, 2025 is less than $10.00. "Issuer VWAP" for this purpose means the average of the daily volume-weighted average prices of the Common Stock on Nasdaq for completed trading days, as reported on Bloomberg or, if not reported thereby, any other authoritative source.