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The conversion price is subject to reset on the first anniversary of issuance and at maturity. The Note converts at the Issuer's closing of the contemplated merger or earlier at the holder's election, subject to the Exchange Cap.
Bought outside the usual windowTraded Nov 10 · filed 4 days later
A Nexgel director paid $25K out of pocket for Nexgel shares. 1 other person at Nexgel bought some too, in the same month. It was the first purchase in 24 months.
Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.