4/A: Renovaro Inc. Director Karen Brink Amends Form 4 Filing Regarding Common Stock Ownership

Karen Brink, a director and 10% owner of Renovaro Inc., amends a previous Form 4 filing to clarify the ownership of 2,000,000 common shares held indirectly through Yalla Yalla Ltd.

Summary

• Karen Brink, a director and 10% owner of Renovaro Inc. (RENB), filed an amended Form 4 with the SEC.
• This amendment corrects an error in the original Form 4 filed on August 13, 2024, regarding the transfer of common shares.
• The amended filing clarifies that 2,000,000 common shares were not transferred by Yalla Yalla Ltd. pursuant to a consulting agreement.
• Brink indirectly owns 25,372,969 shares through Yalla Yalla Ltd. but disclaims beneficial ownership except to the extent of her pecuniary interest.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock to the SEC, ensuring transparency and preventing insider trading.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider ownership.

Key Dates