Initial Statement of Beneficial Ownership (3)
March 06 2023 - 04:06PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * DENNY GEORGE P
III |
2. Date of Event Requiring Statement
(MM/DD/YYYY)
12/2/2022
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3. Issuer Name and Ticker or Trading
Symbol Eterna Therapeutics Inc. [ERNA] |
(Last)
(First)
(Middle)
PO BOX 423 |
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director ___X___
10% Owner
_____ Officer (give title
below) _____
Other (specify below)
|
(Street)
POLAND, ME 04274
(City)
(State)
(Zip)
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5. If Amendment, Date Original
Filed(MM/DD/YYYY)
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6. Individual or Joint/Group
Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Beneficially
Owned
|
1.Title of Security
(Instr. 4) |
2. Amount of Securities Beneficially Owned
(Instr. 4) |
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) |
4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Common Stock |
50453 |
I |
By Denny Family Partners II, LLC (1) |
Common Stock |
406785 |
I |
By George P. Denny III Trust 6/11/81 |
Common Stock |
204 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 4) |
2. Date Exercisable and Expiration Date
(MM/DD/YYYY) |
3. Title and Amount of Securities Underlying
Derivative Security
(Instr. 4) |
4. Conversion or Exercise Price of Derivative
Security |
5. Ownership Form of Derivative Security: Direct (D)
or Indirect (I)
(Instr. 5) |
6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Series A Preferred Stock |
(2) |
(2) |
Common Stock |
2971 |
(2) |
I |
By George P. Denny III Trust 6/11/81 |
Explanation of
Responses: |
(1) |
The reporting person
disclaims beneficial ownership of the shares held by Denny Family
Partners II, LLC except to the extent of his pecuniary interest
therein. |
(2) |
The reporting person holds
71,306 shares of Series A preferred stock, which are currently
convertible into 2971 shares of common stock. The reporting person
has the right at any time to convert the shares of Series A
preferred stock into that number of fully paid and nonassessable
shares of common stock that equals the number of shares of Series A
preferred stock that are surrendered for conversion divided by the
conversion rate. The conversion rate was initially 100% and is
subject to adjustment as provided in the Issuer's restated
certificate of incorporation, as amended. The Series A preferred
stock has no expiration date. |
Remarks:
Mr. Denny was previously a reporting person under Section 16 of the
Securities Exchange Act of 1934; however, his ownership fell below
10%, and he ceased to be a reporting person. Certain of the
entities beneficially owned by him have acquired additional
securities, such that he is again a 10% owner. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
DENNY GEORGE P III
PO BOX 423
POLAND, ME 04274 |
|
X |
|
|
Signatures
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/s/ George P. Denny III |
|
3/3/2023 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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