Filing Details

Accession Number:
0001387131-13-002105
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-04 19:59:24
Reporting Period:
2013-05-31
Filing Date:
2013-06-04
Accepted Time:
2013-06-04 19:59:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1420031 Emmaus Life Sciences Inc. NONE Blank Checks (6770) 412254389
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1517691 Yutaka Niihara 20725 S. Western Ave
Suite 136
Torrance CA 90501
President And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-05-31 470,000 $0.00 9,999,711 No 4 A Direct
Common Stock Disposition 2013-05-31 450,000 $0.00 9,549,711 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 44,229 Indirect As Custodian
Footnotes
  1. The reporting person acquired the shares from the issuer in exchange for cancellation of promissory notes with an aggregate outstanding amount of principal and accrued interest of $1,551,000, equivalent to $3.30 per share of common stock acquired in the transaction.
  2. There was no cash exchanged for the common stock. The consideration provided was equity issued by an entity not affiliated with the issuer with a value equivalent to $3.30 per share of common stock disposed of in the transaction.