4/A: Fluent, Inc. Director Phillip Frost Acquires Pre-Funded Warrants

Fluent, Inc. director Phillip Frost acquired 647,892 pre-funded warrants, according to a corrected SEC filing.

Summary

• Phillip Frost, M.D., a director of Fluent, Inc., acquired 647,892 pre-funded warrants on December 2, 2024.
• The initial SEC filing incorrectly reported the transaction code, which has since been corrected.
• The pre-funded warrants have an exercise price of $0.0005 and will terminate upon full exercise.
• The warrants are held indirectly through Frost Gamma Investments Trust, with Dr. Frost serving as trustee.
• Dr. Frost disclaims beneficial ownership of the securities except for any pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a routine disclosure of an insider transaction. The correction of the initial filing slightly lowers the score.

Management Comments

• The reporting persons disclaim beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that any reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Related Party Transactions

• The securities are held indirectly by Dr. Frost through a series of related entities, including Frost Gamma Investments Trust, Frost Gamma L.P., Frost Gamma, Inc., and Frost-Nevada Corporation.

Key Dates

Keywords

SEC Form 4, Insider Trading, Fluent Inc., FLNT, Pre-Funded Warrants, Phillip Frost, Frost Gamma Investments Trust, Securities Transaction