0001213900-23-042806.txt : 20230524 0001213900-23-042806.hdr.sgml : 20230524 20230524194030 ACCESSION NUMBER: 0001213900-23-042806 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230522 FILED AS OF DATE: 20230524 DATE AS OF CHANGE: 20230524 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gebbia Gloria E CENTRAL INDEX KEY: 0001692471 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-05703 FILM NUMBER: 23955594 MAIL ADDRESS: STREET 1: C/O GUSRAE KAPLAN NUSBAUM PLLC STREET 2: 120 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SIEBERT FINANCIAL CORP CENTRAL INDEX KEY: 0000065596 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 111796714 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 120 WALL STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-644-2400 MAIL ADDRESS: STREET 1: 120 WALL STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: MICHAELS J INC DATE OF NAME CHANGE: 19950221 4 1 ownership.xml X0407 4 2023-05-22 0 0000065596 SIEBERT FINANCIAL CORP SIEB 0001692471 Gebbia Gloria E C/O SIEBERT FINANCIAL CORP. 535 FIFTH AVENUE, 4TH FLOOR NEW YORK NY 10017 0 0 0 1 Member of 10% owner group 0 Warrant 2.15 2023-05-22 4 J 0 403780 0 D 2023-05-22 2028-05-22 Common stock 403780 0 D On May 22, 2023, the Reporting Person issued a warrant to BCW Securities LLC, a Delaware limited liability company ("BCW"), to purchase Four Hundred Three Thousand, Seven Hundred Eighty (403,780) shares of common stock of the Company held by the Reporting Person at an exercise price of $2.15 per share. The Reporting Person issued the warrant pursuant to that certain agreement, dated March 27, 2023, by and among the Reporting Person, the Company and BCW to resolve compensation potentially owed by the Company to BCW arising out of BCW's introduction of Kakaopay Corp. to the Company and the subsequent investment by Kakaopay Corp. in the Company. The Reporting Person is part of a control group consisting of family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein. /s/ Gloria E. Gebbia 2023-05-24