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    cloud investing

    Critical Control Energy files an Early Warning Report

    Bala Yogesh
    Apr. 16, 2018 09:10AM PST
    Cloud Investing

    Alykhan Mamdani, president and CEO of Critical Control Energy Services Corp has filed an Early Warning Report in connection with his acquistion of 33,761 shares of Critical Control under Critical Control’s employee share purchase plan. As quoted in the press release: Immediately before the ESPP Acquisition, which occurred on April 13, 2018, Mr. Mamdani held …

    Alykhan Mamdani, president and CEO of Critical Control Energy Services Corp has filed an Early Warning Report in connection with his acquistion of 33,761 shares of Critical Control under Critical Control’s employee share purchase plan.

    As quoted in the press release:

    Immediately before the ESPP Acquisition, which occurred on April 13, 2018, Mr. Mamdani held or has control and direction of 4,839,776 common shares and 25,000 common share purchase warrants, representing 11.03% of the issued and outstanding common shares (assuming the conversion of Mr. Mamdani’s common share purchase warrants). The initial increase in Mr. Mamdani’s holdings above 10.00% of the issued and outstanding common shares occurred due to Critical Control’s capital reorganization involving the cancellation of 14,728,860 common shares, which occurred in July 2017.

    Immediately after the ESPP Acquisition, Mr. Mamdani held or had control and direction of 4,873,537 common shares and 25,000 common share purchase warrants, representing 11.10% of the issued and outstanding common shares (assuming the conversion of Mr. Mamdani’s common share purchase warrants).

    Click here for full text release.

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