4//SEC Filing
BISON CAPITAL PARTNERS VI, L.P. 4
Accession 0001140361-23-016476
CIK 0000918251other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:38 PM ET
Size
7.5 KB
Accession
0001140361-23-016476
Insider Transaction Report
Form 4
BISON CAPITAL PARTNERS VI, L.P.
Director
Transactions
- Purchase
10% Convertible Promissory Notes due 2029
2023-03-31$32000000.00/shExercise: $15.00Exp: 2029-03-30→ Common Stock (2,133,333 underlying)
Footnotes (3)
- [F1]The reporting entity purchased the reported notes pursuant to the terms of that certain Note Purchase Agreement, dated March 31, 2023 between Motorcar Parts of America, Inc., Bison Capital Partners VI, L.P., and Bison Capital Partners VI-A, L.P. (the "Agreement"). Pursuant to the Agreement Bison Capital Partners VI, L.P. and Bison Capital Partners VI-A, L.P. purchased an aggregate of $32,000,000 in principal amount of 10% convertible promissory notes. The reporting entity and its general partner, Bison Capital Partners VI GP, L.P., each directors by deputization and joint filers, may also be deemed to have a pecuniary interest in the aggregate amount of 10% convertible promissory notes that were purchased as a result of certain provisions in the limited partnership agreement. Bison Capital Partners VI, L.P. and Bison Capital Partners VI GP, L.P. each disclaims beneficial ownership except to the extent of its pecuniary interest therein.
- [F2]For more information on the Agreement, please refer to the Current Report on Form 8-K filed by Motorcar Parts of America, Inc. on March 31, 2023.
- [F3]The holder has the right at any time and from time to time to convert all or any portion of the note into fully paid, non-assessable and freely tradeable shares of Common Stock.
Documents
Issuer
MOTORCAR PARTS OF AMERICA INC
CIK 0000918251
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001900556
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 9:38 PM ET
- Size
- 7.5 KB