0001839882-23-013976.txt : 20230530 0001839882-23-013976.hdr.sgml : 20230530 20230530181617 ACCESSION NUMBER: 0001839882-23-013976 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230525 FILED AS OF DATE: 20230530 DATE AS OF CHANGE: 20230530 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Versi Ebrahim CENTRAL INDEX KEY: 0001978256 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36242 FILM NUMBER: 23978253 MAIL ADDRESS: STREET 1: 11682 EL CAMINO REAL STREET 2: STE 300 CITY: SAN DIEGO STATE: CA ZIP: 92130 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Adamis Pharmaceuticals Corp CENTRAL INDEX KEY: 0000887247 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 820429727 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11682 EL CAMINO REAL STREET 2: SUITE 300 CITY: SAN DIEGO STATE: CA ZIP: 92130 BUSINESS PHONE: (858) 997-2400 MAIL ADDRESS: STREET 1: 11682 EL CAMINO REAL STREET 2: SUITE 300 CITY: SAN DIEGO STATE: CA ZIP: 92130 FORMER COMPANY: FORMER CONFORMED NAME: CELLEGY PHARMACEUTICALS INC DATE OF NAME CHANGE: 19950615 4 1 eversi-form4_052523.xml OWNERSHIP DOCUMENT X0407 4 2023-05-25 0 0000887247 Adamis Pharmaceuticals Corp ADMP 0001978256 Versi Ebrahim C/O ADAMIS PHARMACEUTICALS CORPORATION 11682 EL CAMINO REAL, SUITE 300 SAN DIEGO CA 92130 1 1 0 0 CEO 0 Common Stock 2023-05-25 4 A 0 8745 A 8745 D Common Stock 2023-05-25 4 A 0 177194 A 177194 I By Versi Group, LLC Employee Stock Option (Right to Buy) 2.90 2023-05-25 4 A 0 20577 A 2023-05-25 2028-05-10 Common Stock 20577 20577 D Employee Stock Option (Right to Buy) 2.90 2023-05-25 4 A 0 20577 A 2023-05-25 2029-01-01 Common Stock 20577 20577 D Employee Stock Option (Right to Buy) 2.90 2023-05-25 4 A 0 20577 A 2023-05-25 2030-02-19 Common Stock 20577 20577 D Employee Stock Option (Right to Buy) 2.90 2023-05-25 4 A 0 20577 A 2023-05-25 2031-02-19 Common Stock 20577 20577 D Employee Stock Option (Right to Buy) 2.90 2023-05-25 4 A 0 20577 A 2023-05-25 2032-02-19 Common Stock 20577 20577 D Series E Convertible Preferred Stock 2023-05-25 4 A 0 1941.2 A 2023-05-25 Common Stock 1941200 1941.2 I By Versi Group, LLC On May 22, 2023, Adamis Pharmaceuticals Corporation ("Adamis") effected a 1 for 70 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split. Received in exchange for shares of common stock of DMK Pharmaceuticals Corporation, a privately held corporation ("DMK"), in connection with the merger of DMK into a subsidiary of Adamis (the "Merger"). On the effective date of the Merger, the closing price of Adamis common stock was $2.50 per share. The reported shares are owned directly by Versi Group, LLC, of which the reporting person is the manager and a member. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. Received in exchange for shares of common stock of DMK in connection with the Merger. On the effective date of the Merger, the closing price of Adamis common stock was $2.50 per share. Received in the Merger by virtue of the assumption of an employee stock option to acquire shares of DMK common stock in connection with the Merger, with proportionate adjustments to the number of shares subject to the option and the per share exercise price Received in the Merger in exchange for shares of common stock of DMK. Each whole share of Series E Preferred Convertible Stock is convertible into 1,000 shares of Adamis common stock at the election of the Reporting Person, provided that no portion of the Series E Convertible Preferred Stock may be converted if the Reporting Person or his affiliates own in excess of 9.99% of the number of shares of Adamis common stock outstanding immediately after giving effect of such conversion. On the effective date of the Merger, the closing price of Adamis common stock was $2.50 per share. /s/ David C. Benedicto, as Attorney-in-Fact 2023-05-30