Filing Details

Accession Number:
0000921895-22-001755
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-20 18:01:49
Reporting Period:
2022-05-18
Accepted Time:
2022-05-20 18:01:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
907654 Arca Biopharma Inc. ABIO In Vitro & In Vivo Diagnostic Substances (2835) 363855489
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1752618 Funicular Fund, Lp 2261 Market Street
#4307
San Francisco CA 94114
No No No Yes
1922140 Jacob Ma-Weaver 2261 Market Street
#4307
San Francisco CA 94114
No No No Yes
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 2022-05-18 13,072 $2.30 2,495,189 No 4 P Direct
Common Stock Acquisiton 2022-05-19 1 $2.25 2,495,190 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Put Option (obligation to buy) $2.50 2022-12-16 2022-12-16 1,450,000 14,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-12-16 1,450,000 14,500 Direct
Footnotes
  1. This Form 4 is filed by the Funicular Fund, LP (the "Fund") and Jacob Ma-Weaver (the "Reporting Persons"). The Reporting Persons and Cable Car Capital LLC ("Cable Car") may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each of the Reporting Persons and Cable Car disclaim beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $2.2850 to $2.3050, inclusive of brokerage commissions. The Reporting Persons undertake to provide the Issuer, any security holder of 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.
  3. Represents securities directly owned by the Fund. Cable Car, as the general partner of the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Mr. Ma-Weaver, as the Managing Member of Cable Car, may be deemed to beneficially own the securities directly owned by the Fund.