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