4/A: Voip-pal.com CEO Reports Changes in Beneficial Ownership
SEC Form 4/A
Magdi Emil Malak, CEO of Voip-pal.com Inc, files an amended statement detailing changes in beneficial ownership of securities, including options and warrants.
Summary
- Magdi Emil Malak, CEO of Voip-pal.com Inc., filed an amended Form 4 on April 24, 2024, reporting changes in beneficial ownership.
- The report details holdings of Series A Preferred stock, options, and warrants.
- Malak directly owns 787,916 shares of Series A Preferred stock.
- He holds options for 45,000,000 shares of common stock, exercisable at $0.005, expiring on January 12, 2029.
- Malak also holds warrants for 1,790,028,550 shares of common stock, with exercise prices ranging from $0.001 to $0.005 and expiration dates between 2027 and 2034.
- The amendment was filed to correct a previous filing made on February 9, 2024.
- The earliest transaction date reported is January 30, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be a signal to the market.
Stakeholder Impact
- Shareholders can use this information to understand the CEO's stake in the company.
- The filing provides transparency regarding the CEO's holdings of company securities.
Key Dates
| Date | Description |
|---|---|
| 04/23/2021 | Date of options with expiry date 04/23/2026 |
| 04/16/2021 | Date of warrants with expiry date 04/16/2031 |
| 05/30/2022 | Date of warrants with expiry date 05/30/2027 |
| 06/30/2023 | Date of warrants with expiry date 06/30/2033 |
| 01/12/2024 | Date of options with expiry date 01/12/2029 |
| 01/12/2024 | Date of warrants with expiry date 01/12/2034 |
| 01/30/2024 | Earliest transaction date reported |
| 02/09/2024 | Date of original filing |
| 04/24/2024 | Date of amended filing |
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