0001062993-21-007925.txt : 20210824 0001062993-21-007925.hdr.sgml : 20210824 20210824113709 ACCESSION NUMBER: 0001062993-21-007925 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210805 FILED AS OF DATE: 20210824 DATE AS OF CHANGE: 20210824 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SOL Global Investments Corp. CENTRAL INDEX KEY: 0001710138 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32217 FILM NUMBER: 211200377 BUSINESS ADDRESS: STREET 1: 100 KING STREET WEST STREET 2: SUITE 5600 CITY: TORONTO STATE: A6 ZIP: M5X 1C9 BUSINESS PHONE: 416-366-9192 MAIL ADDRESS: STREET 1: 100 KING STREET WEST STREET 2: SUITE 5600 CITY: TORONTO STATE: A6 ZIP: M5X 1C9 FORMER NAME: FORMER CONFORMED NAME: Scythian Biosciences Corp. DATE OF NAME CHANGE: 20170807 FORMER NAME: FORMER CONFORMED NAME: Kitrinor Metals, Inc DATE OF NAME CHANGE: 20170622 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Simply, Inc. CENTRAL INDEX KEY: 0001274032 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 330599368 STATE OF INCORPORATION: MD FISCAL YEAR END: 0129 BUSINESS ADDRESS: STREET 1: 2001 NW 84TH AVENUE CITY: MIAMI STATE: FL ZIP: 33122 BUSINESS PHONE: 786-254-6709 MAIL ADDRESS: STREET 1: 2001 NW 84TH AVENUE CITY: MIAMI STATE: FL ZIP: 33122 FORMER COMPANY: FORMER CONFORMED NAME: Cool Holdings, Inc. DATE OF NAME CHANGE: 20180615 FORMER COMPANY: FORMER CONFORMED NAME: InfoSonics Corp DATE OF NAME CHANGE: 20170925 FORMER COMPANY: FORMER CONFORMED NAME: INFOSONICS Corp DATE OF NAME CHANGE: 20130401 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2021-08-05 0001274032 Simply, Inc. SIMP 0001710138 SOL Global Investments Corp. 100 KING STREET, SUITE 5600 TORONTO A6 M5X 1C9 ONTARIO, CANADA 0 0 1 0 Convertible Note 2.50 2021-08-05 4 A 0 400000 1000000 A 2021-08-05 2022-02-05 Common Stock 400000 1600000 D Warrants 2.75 2021-08-05 4 A 0 400000 1000000 A 2022-02-05 2025-02-05 Common Stock 400000 1600000 D On August 5, 2021, the Issuer executed an unsecured convertible note (the "Convertible Note") for the benefit of SOL Global Investment Corp. ("SOL"), entitling SOL to convert the principal amount of $1,000,000 and any accrued and unpaid interest under the Convertible Note into Common Stock at a conversion price of $2.50 per share. The Convertible Note matures on February 5, 2022. On August 5, 2021, the Issuer and SOL entered into a warrant agreement, granting SOL 400,000 warrants, which it may convert into up to 400,000 shares of Common Stock at an exercise price of $2.75 per share. The aggregate consideration for the Convertible Note and the Warrant Agreement was $1,000,000. /s/ Andrew DeFrancesco 2021-08-18