Form 4: Michael Cribari Reports Acquisition and Disposal of High Roller Technologies Shares
SEC Form 4
Michael Cribari, a director and 10% owner of High Roller Technologies, reported acquiring 31,250 shares and disposing of 8 shares of common stock on October 23, 2024.
Summary
- On October 25, 2024, Michael Cribari filed a Form 4 detailing changes in his beneficial ownership of High Roller Technologies, Inc. (ROLR) shares.
- The report indicates that on October 23, 2024, Cribari acquired 31,250 shares of common stock at a price of $8 per share.
- The report also indicates that on October 23, 2024, Cribari disposed of 8 shares of common stock.
- Cribari's indirect ownership includes shares held by Cascadia Holdings Limited, Spike Up Media A.B., and shares issuable upon exercise of a warrant held by Spike Up Media LLC.
- Cascadia Holdings Limited holds 2,588,395 shares, Spike Up Media A.B. holds 731,388 shares, and Spike Up Media LLC holds a warrant exercisable for 39,172 shares.
- Cribari shares voting and dispositive authority over shares held by Cascadia with Brandon Eachus and Jeffrey Smith.
- Cascadia and OEH Invest AB own 66.9% and 33.1% of Ellmount Interactive A. B. respectively, which owns Spike Up Media A.B.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for individuals with significant ownership in publicly traded companies, providing transparency into insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/30/2022 | Date Warrant (right to buy) was exercisable |
| 10/23/2024 | Date of earliest transaction: acquisition and disposal of common stock |
| 10/23/2024 | Date Form 3 was filed with the Commission |
| 10/25/2024 | Date of Form 4 filing |
| 06/30/2027 | Expiration date of Warrant (right to buy) |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.