Form 4: Liquidmetal Technologies Inc. Reports Change in Beneficial Ownership by Liquidmetal Technology Ltd

Sentiment:

SEC Form 4 Filing


Liquidmetal Technology Ltd. reports a disposition of shares in Liquidmetal Technologies Inc., resulting in a change in beneficial ownership.

Summary

  • Liquidmetal Technology Ltd. filed a Form 4 with the SEC on October 15, 2024, reporting a change in beneficial ownership of Liquidmetal Technologies Inc. (LQMT) common stock.
  • The transaction occurred on October 10, 2024, where Liquidmetal Technology Ltd. disposed of 179,787,888 shares at a price of $0.16 per share.
  • Following the transaction, Liquidmetal Technology Ltd. directly owns 225,212,112 shares of LQMT common stock.
  • The filing also includes a Power of Attorney granted by Liquidmetal Technology Limited to Tony Chung and Isaac Bresnick to execute and file necessary documents related to securities transactions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders or major shareholders, providing transparency to the market.

Stakeholder Impact

  • Shareholders may react to the change in ownership, potentially affecting the stock price.
  • The transaction provides transparency to the market regarding the holdings of a major shareholder.

Key Dates

DateDescription
03/10/2016Date of Common Stock Purchase Warrant
03/10/2026Expiration Date of Common Stock Purchase Warrant
10/10/2024Date of transaction where shares were disposed of.
10/10/2024Date of Power of Attorney execution.
10/15/2024Date of Form 4 filing.

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.