0001209191-22-026285.txt : 20220429 0001209191-22-026285.hdr.sgml : 20220429 20220429164507 ACCESSION NUMBER: 0001209191-22-026285 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210817 FILED AS OF DATE: 20220429 DATE AS OF CHANGE: 20220429 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PURA VIDA INVESTMENTS, LLC CENTRAL INDEX KEY: 0001590144 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56199 FILM NUMBER: 22876564 BUSINESS ADDRESS: STREET 1: 512 W 22ND STREET STREET 2: 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10111 BUSINESS PHONE: 646-597-6995 MAIL ADDRESS: STREET 1: 512 W 22ND STREET STREET 2: 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pura Vida Master Fund, LTD CENTRAL INDEX KEY: 0001912371 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56199 FILM NUMBER: 22876563 BUSINESS ADDRESS: STREET 1: C/O WALKERS CORPORATE LIMITED STREET 2: 190 ELGIN AVENUE CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9008 BUSINESS PHONE: 6465976995 MAIL ADDRESS: STREET 1: C/O WALKERS CORPORATE LIMITED STREET 2: 190 ELGIN AVENUE CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9008 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kamen Efrem CENTRAL INDEX KEY: 0001789193 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56199 FILM NUMBER: 22876562 MAIL ADDRESS: STREET 1: C/O PURA VIDA INVESTMENTS, LLC STREET 2: 512 W 22ND STREET, 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MedMen Enterprises, Inc. CENTRAL INDEX KEY: 0001776932 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 981431779 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 10115 JEFFERSON BOULEVARD CITY: CULVER CITY STATE: CA ZIP: 90232 BUSINESS PHONE: 4243302082 MAIL ADDRESS: STREET 1: 10115 JEFFERSON BOULEVARD CITY: CULVER CITY STATE: CA ZIP: 90232 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-08-17 1 0001776932 MedMen Enterprises, Inc. MMNFF 0001590144 PURA VIDA INVESTMENTS, LLC 512 W 22ND STREET 7TH FLOOR NEW YORK NY 10011 0 0 1 0 0001912371 Pura Vida Master Fund, LTD C/O WALKERS CORPORATE LIMITED 190 ELGIN AVENUE GEORGE TOWN, GRAND CAYMAN E9 KY1-9008 CAYMAN ISLANDS 0 0 1 0 0001789193 Kamen Efrem C/O PURA VIDA INVESTMENTS, LLC 512 W 22ND STREET, 7TH FLOOR NEW YORK NY 10011 0 0 1 0 Senior Secured Convertible Note 0.17 2021-08-17 4 J 0 3489537.69 D 2028-08-17 Class B Subordinate Voting Shares 27368923 1163179.23 I By Pura Vida Master Fund, LTD. Senior Secured Convertible Note 0.1529 2021-08-17 4 J 0 4761875.18 D 2028-08-17 Class B Subordinate Voting Shares 41524963 1587291.73 I By Pura Vida Master Fund, LTD. Senior Secured Convertible Note 0.34 2021-08-17 4 J 0 6480570.00 D 2028-08-17 Class B Subordinate Voting Shares 25414000 2160190.00 I By Pura Vida Master Fund, LTD. Senior Secured Convertible Note 0.2845 2021-08-17 4 J 0 160131.97 D 2028-08-17 Class B Subordinate Voting Shares 750472 53377.32 I By Pura Vida Master Fund, LTD. Senior Secured Convertible Note 0.17 2021-08-17 4 J 0 1101959.13 D 2028-08-17 Class B Subordinate Voting Shares 8642816 367319.71 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Senior Secured Convertible Note 0.1529 2021-08-17 4 J 0 1503749.88 D 2028-08-17 Class B Subordinate Voting Shares 13113144 501249.96 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Senior Secured Convertible Note 0.34 2021-08-17 4 J 0 2046495.53 D 2028-08-17 Class B Subordinate Voting Shares 8025472 682165.18 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Senior Secured Convertible Note 0.2845 2021-08-17 4 J 0 50567.99 D 2028-08-17 Class B Subordinate Voting Shares 236991 16856.00 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 3.718 2021-08-17 4 J 0 435971 D 2022-05-22 Class B Subordinate Voting Shares 670724 234753 I By Pura Vida Master Fund, LTD. Warrant 4.29 2021-08-17 4 J 0 125947 D 2022-05-22 Class B Subordinate Voting Shares 193765 67818 I By Pura Vida Master Fund, LTD. Warrant 3.159 2021-08-17 4 J 0 128279 D 2022-07-12 Class B Subordinate Voting Shares 197353 69074 I By Pura Vida Master Fund, LTD. Warrant 3.645 2021-08-17 4 J 0 37058 D 2022-07-12 Class B Subordinate Voting Shares 57013 19955 I By Pura Vida Master Fund, LTD. Warrant 1.011 2021-08-17 4 J 0 160311 D 2022-11-27 Class B Subordinate Voting Shares 246633 86322 I By Pura Vida Master Fund, LTD. Warrant 1.167 2021-08-17 4 J 0 46313 D 2022-11-27 Class B Subordinate Voting Shares 71250 24938 I By Pura Vida Master Fund, LTD. Warrant 0.1529 2021-08-17 4 J 0 8077175 D 2025-03-27 Class B Subordinate Voting Shares 12426422 4349248 I By Pura Vida Master Fund, LTD. Warrant 3.718 2021-08-17 4 J 0 137675 D 2022-05-22 Class B Subordinate Voting Shares 211807 74132 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 4.29 2021-08-17 4 J 0 39773 D 2022-05-22 Class B Subordinate Voting Shares 61189 21416 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 3.159 2021-08-17 4 J 0 40509 D 2022-07-12 Class B Subordinate Voting Shares 62322 21813 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 3.645 2021-08-17 4 J 0 11703 D 2022-07-12 Class B Subordinate Voting Shares 18004 6301 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 1.011 2021-08-17 4 J 0 50625 D 2022-11-27 Class B Subordinate Voting Shares 77884 27259 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 1.167 2021-08-17 4 J 0 14625 D 2022-11-27 Class B Subordinate Voting Shares 22500 7875 I By Pura Vida Pro Special Opportunity Master Fund, LTD. Warrant 0.1529 2021-08-17 4 J 0 2550687 D 2025-03-27 Class B Subordinate Voting Shares 3924133 1373447 I By Pura Vida Pro Special Opportunity Master Fund, LTD. In connection with the disposition of the securities, the parties entered into a Fourth Amended and Restated Securities Purchase Agreement dated August 17, 2021, pursuant to which amended and restated senior secured convertible notes (the "Notes") and warrants (the "Warrants") were issued. The maturity date on the Notes was changed from April 23, 2022 to August 17, 2028. As a result of the disposition of the Notes and Warrants, the Reporting Persons no longer beneficially own more than 10% of the Issuer's securities. Currently exercisable. The Notes and Warrants reported on this Form 4 were sold for aggregate cash consideration of $6,251,483 plus an aggregate of 1,062,068 shares of common stock of Tilray, Inc., subject to adjustment. The reporting persons (the "Reporting Persons") are Pura Vida Investments, LLC ("PVI"), Pura Vida Master Fund, LTD. (the "PV Master Fund"), and Efrem Kamen. PVI serves as the investment manager to the PV Master Fund. Pura Vida Pro, LLC ("PVP") serves as the investment manager to Pura Vida Pro Special Opportunity Master Fund, LTD. PVP is a relying adviser of PVI. Efrem Kamen serves as the managing member of both PVI and PVP. This Form 4 shall not be deemed an admission that PVI and Efrem Kamen are beneficial owners of the securities for purposes of Sections 13 and 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of PVI and Efrem Kamen disclaims beneficial ownership of the securities reported herein except to the extent of PVI's and Efrem Kamen's pecuniary interest, if any, therein. /s/ Efrem Kamen 2022-04-29 /s/ Efrem Kamen 2022-04-29 /s/ Efrem Kamen 2022-04-29