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