Filing Details
- Accession Number:
- 0001493152-20-014379
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-07-31 17:18:42
- Reporting Period:
- 2020-07-23
- Accepted Time:
- 2020-07-31 17:18:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1644488 | Sharing Services Global Corp | SHRG | Paperboard Containers & Boxes (2650) | NY |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 771999 | Document Security Systems Inc | 200 Canal View Boulevard, Suite 104 Rochester NY 14623 | No | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-07-23 | 30,000,000 | $0.08 | 62,417,593 | No | 4 | P | Indirect | By Decentralized Sharing Systems, Inc. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Decentralized Sharing Systems, Inc. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Warrants | Acquisiton | 2020-07-23 | 10,000,000 | $0.20 | 10,000,000 | $0.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,000,000 | 2020-07-23 | 2023-07-23 | No | 4 | P | Indirect |
Footnotes
- On July 23, 2020, Chan Heng Fai Ambrose, the Chairman of the Board of the Reporting Person, assigned to the Reporting Person a Stock Purchase and Share Subscription Agreement by and between Mr. Chan and Sharing Services Global Corporation (the "Issuer"), pursuant to which the Reporting Person purchased 30,000,000 shares of Class A Common Stock (the "Shares") and 10,000,000 warrants to purchase Class A Common Stock (the "Warrants" and, collectively, the Shares together with the Warrants, the "Securities"). The Warrants immediately vested and may be exercised at any time commencing on the date of issuance and ending three (3) year from such date. The Securities are also subject to a one (1) year trading restriction pursuant to the terms of a Lock-Up Agreement entered into between Mr. Chan and the Company and assigned to the Reporting Person.
- Through the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation.
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