DeCubellis Kenneth 4/A

Accession 0001179110-19-010469

CIK 0001708341other

Filed

Sep 17, 8:00 PM ET

Accepted

Sep 18, 5:30 PM ET

Size

17.9 KB

Accession

0001179110-19-010469

Form 4/AAmended

Period: 2019-08-09

10% Owner

Transactions

Conversion
Warrants to purchase common stock
2019-08-09+445,000→ 445,000 total(indirect: by Black Ridge Oil & Gas, Inc.)
Exercise: $11.50From: 2019-09-09Exp: 2024-08-09→ Common Stock (445,000 underlying)
Conversion
Warrants to purchase Common Stock
2019-08-09+60,000→ 60,000 total(indirect: By Black Ridge Oil & Gas, Inc.)
Exercise: $11.50From: 2019-09-09Exp: 2024-08-09→ Common Stock (60,000 underlying)
Conversion
Common Stock
2019-08-09+489,500→ 3,939,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Other
Common Stock
2019-08-09−600,000→ 3,405,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Conversion
Common Stock
2019-08-09$9.09/sh+66,000$599,940→ 4,005,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Other
Common Stock
2019-08-09−720,000→ 2,685,500 total(indirect: by Black Ridge Oil & Gas, Inc.)

DirectorChief Executive Officer

Transactions

Conversion
Warrants to purchase common stock
2019-08-09+445,000→ 445,000 total(indirect: by Black Ridge Oil & Gas, Inc.)
Exercise: $11.50From: 2019-09-09Exp: 2024-08-09→ Common Stock (445,000 underlying)
Conversion
Common Stock
2019-08-09+489,500→ 3,939,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Conversion
Common Stock
2019-08-09$9.09/sh+66,000$599,940→ 4,005,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Other
Common Stock
2019-08-09−600,000→ 3,405,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Other
Common Stock
2019-08-09−720,000→ 2,685,500 total(indirect: by Black Ridge Oil & Gas, Inc.)
Conversion
Warrants to purchase Common Stock
2019-08-09+60,000→ 60,000 total(indirect: By Black Ridge Oil & Gas, Inc.)
Exercise: $11.50From: 2019-09-09Exp: 2024-08-09→ Common Stock (60,000 underlying)

Footnotes (8)

[F1]Mr. DeCubellis, as Chairman and Chief Executive Officer of Black Ridge Oil & Gas, Inc. ("Black Ridge") exercises voting and dispositive power over such shares. Mr. DeCubellis disclaims beneficial ownership of such shares except to the extent of his ultimate pecuniary interest.
[F2]489,500 shares of common stock and 445,000 warrants were issued as a result of the conversion of 445,000 previously existing units held by Black Ridge, in connection with the merger of Allied Esports Media, Inc. ("AEM") with Allied Esports Entertainment, Inc. on August 9, 2019.
[F3]Black Ridge received 66,000 shares of common stock and 60,000 warrants (the "Warrants") upon the conversion of convertible promissory notes held by Black Ridge in the principal amount of $600,000. The notes were converted as a result of the merger of AEM with Allied Esports Entertainment, Inc. on August 9, 2019.
[F4]600,000 shares were transferred to Primo Vital Limited in connection with the merger of AEM with the issuer on August 9, 2019.
[F5]720,000 shares were transferred to subscribers in the issuer's private placement that closed on August 9, 2019.
[F6]This amendment is being filed to correct the transaction code.
[F7]This transaction was inadvertently omitted from the original form 4 filing.
[F8]This amendment corrects the number of shares.

Documents

1 file

Allied Esports Entertainment, Inc.

CIK 0001708341

Entity typeother