Filing Details

Accession Number:
0001104659-20-084127
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-16 17:15:28
Reporting Period:
2020-07-15
Accepted Time:
2020-07-16 17:15:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1137883 Brainstorm Cell Therapeutics Inc. BCLI Biological Products, (No Disgnostic Substances) (2836) 207273918
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1806887 Sankesh Abbhi C/O Brainstorm Cell Therapeutics Inc.
1325 Avenue Of Americas, 28Th Floor
New York NY 10019
Yes No No 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 2020-07-15 46,779 $12.99 2,164,530 No 4 P Indirect Abbhi Investments, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Abbhi Investments, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,657 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Warrant to Purchase Common Stock $15.00 2020-03-06 2023-03-06 250,000 250,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-03-06 250,000 250,000 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.82 to $13.14, inclusive. The Reporting Person undertakes to provide to the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  2. Abbhi Investments, LLC is the record owner of these securities. Mr. Sankesh Abbhi is the manager of Abbhi Investments, LLC and maintains sole voting and investment power with respect to common stock and warrants held by Abbhi Investments, LLC.
  3. Pursuant to the March 6, 2020 Securities Purchase Agreement between Abbhi Investments, LLC and the Issuer, for an aggregate purchase price of $10,000,000, Abbhi Investments, LLC received 1,250,000 shares of Common Stock and a Warrant for 250,000 shares of Common Stock with a purchase price per share of $15.00, and an expiration date of the third anniversary of the date of issuance.