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4//SEC Filing

Vivo Opportunity, LLC 4

Accession 0001013762-23-001637

CIK 0001484565other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 4:30 PM ET

Size

9.9 KB

Accession

0001013762-23-001637

Insider Transaction Report

Form 4
Period: 2023-10-02
Transactions
  • Exercise of In-Money

    Tranche B Warrants (right to buy)

    2023-10-025,215,0000 total(indirect: By Vivo Opportunity Fund Holdings, L.P.)
    Exercise: $2.50Common Stock (5,215,000 underlying)
  • Exercise of In-Money

    Common Stock

    2023-10-02$2.50/sh+5,215,000$13,037,5008,418,093 total(indirect: By Vivo Opportunity Fund Holdings, L.P.)
Footnotes (2)
  • [F1]Vivo Opportunity, LLC is the general partner of Vivo Opportunity Fund Holdings, L.P., the record holder of the securities. Vivo Opportunity, LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  • [F2]The Tranche B Warrants are immediately exercisable and expire upon the earlier of (i) November 8, 2026 or (ii) 30 days following receipt of Food and Drug Administration's marketing approval of Diazoxide Choline Extended-Release tablets (DCCR) for the treatment of Prader-Willi syndrome (PWS).

Issuer

SOLENO THERAPEUTICS INC

CIK 0001484565

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001728970

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:30 PM ET
Size
9.9 KB