Form 4: Mobile Infrastructure Corp: Stephanie Hogue Reports Liquidating Distribution of Securities
SEC Form 4 Filing
Stephanie Hogue, President, Director, and 10% Owner of Mobile Infrastructure Corp, reports a liquidating distribution of securities from Color Up, LLC.
Summary
- On July 26, 2024, Stephanie Hogue reported a transaction involving the distribution of securities as part of a liquidating distribution from Color Up, LLC.
- The transaction involved common stock and warrants, with Hogue disclaiming beneficial ownership except to the extent of her pecuniary interest.
- Hogue also indirectly owns securities through Bombe Asset Management, LLC and Bombe-MIC Pref, LLC.
- The report details the amounts of common stock and warrants held indirectly through these entities.
- Additionally, Hogue indirectly owns common units in Mobile Infra Operating Company, LLC, which are redeemable for common stock of the issuer.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction. It is neutral in tone and factual in nature.
Management Comments
- The Reporting Person disclaimed beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect broader industry trends but provides transparency into the holdings and transactions of key individuals within Mobile Infrastructure Corp.
Stakeholder Impact
- The liquidating distribution may affect the holdings of other members of Color Up, LLC.
- The potential exchange of common units for common stock could dilute existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/25/2023 | Date warrants are exercisable |
| 07/26/2024 | Date of transaction (liquidating distribution) |
| 07/29/2024 | Date of signature |
| 08/25/2026 | Expiration date of warrants |
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.