4/A: SideChannel Inc. Executive Brian Haugli Amends Ownership Disclosure
SEC Filing (Form 4/A)
Brian Haugli, CEO of SideChannel, Inc., files an amended Form 4/A to correct the reported number of common stock shares beneficially owned following a transaction on June 12, 2023.
Summary
- Brian Haugli, the CEO, a director, and a 10% owner of SideChannel, Inc., filed an amendment to a previously submitted Form 4.
- The amendment, filed on March 12, 2024, corrects the number of common stock shares beneficially owned following a transaction that occurred on June 12, 2023.
- The corrected filing indicates that Haugli directly owns 86,580,020 shares of SideChannel, Inc. common stock.
- The transaction on June 12, 2023, involved the conversion of 71 shares of Series A Preferred Stock into common stock at a price of $0.18 per share.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and ownership changes, which is a standard practice for publicly traded companies to ensure transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the share count provides more accurate information to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2022 | Series A Preferred Stock Date Exercisable |
| 06/12/2023 | Date of Earliest Transaction (conversion of preferred stock) |
| 06/13/2023 | Date of Original Filed Form 4 |
| 06/30/2026 | Series A Preferred Stock Expiration Date |
| 03/12/2024 | Date of Amended Filing (Form 4/A) |
Keywords
Form 4/A, SideChannel, Inc., Brian Haugli, Beneficial Ownership, Common Stock, Series A Preferred Stock, Amendment, SEC Filing
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