0001062993-21-008109.txt : 20210901
0001062993-21-008109.hdr.sgml : 20210901
20210901171736
ACCESSION NUMBER: 0001062993-21-008109
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210805
FILED AS OF DATE: 20210901
DATE AS OF CHANGE: 20210901
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/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32217
FILM NUMBER: 211231047
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/A
1
form4a.xml
AMENDED STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4/A
2021-08-05
2021-08-24
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
P
0
400000
1000000
A
2021-08-05
2022-02-05
Common Stock
400000
1600000
D
Warrants
2.75
2021-08-05
4
P
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 Form 4 filed on August 24, 2021 with respect to the transactions disclosed herein incorrectly provided "A" as the transaction code. The correct transaction code is "P", as provided in this amended Form 4.
The aggregate consideration for the Convertible Note and the Warrant Agreement was $1,000,000.
/s/ Andrew DeFrancesco
2021-09-01