0001580695-21-000254.txt : 20210903 0001580695-21-000254.hdr.sgml : 20210903 20210903162517 ACCESSION NUMBER: 0001580695-21-000254 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210407 FILED AS OF DATE: 20210903 DATE AS OF CHANGE: 20210903 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KERBY WILLIAM CENTRAL INDEX KEY: 0001447019 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38402 FILM NUMBER: 211236845 MAIL ADDRESS: STREET 1: 2494 PRINCETON COURT CITY: WESTON STATE: FL ZIP: 33327 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NextPlay Technologies Inc. CENTRAL INDEX KEY: 0001372183 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] IRS NUMBER: 263509845 STATE OF INCORPORATION: NV FISCAL YEAR END: 0228 BUSINESS ADDRESS: STREET 1: 1560 SAWGRASS CORPORATE PARKWAY STREET 2: SUITE 130 CITY: SUNRISE STATE: FL ZIP: 33323 BUSINESS PHONE: (954) 888-9779 MAIL ADDRESS: STREET 1: 1560 SAWGRASS CORPORATE PARKWAY STREET 2: SUITE 130 CITY: SUNRISE STATE: FL ZIP: 33323 FORMER COMPANY: FORMER CONFORMED NAME: Monaker Group, Inc. DATE OF NAME CHANGE: 20150626 FORMER COMPANY: FORMER CONFORMED NAME: Next 1 Interactive, Inc. DATE OF NAME CHANGE: 20081009 FORMER COMPANY: FORMER CONFORMED NAME: MAXIMUS EXPLORATION CORP DATE OF NAME CHANGE: 20060809 4 1 kerby-form4_040721.xml CHANGES IN BENEFICIAL OWNERSHIP X0306 4 2021-04-07 0 0001372183 NextPlay Technologies Inc. NXTP 0001447019 KERBY WILLIAM 1560 SAWGRASS CORPORATE PARKWAY SUITE 130 SUNRISE FL 33323 1 1 0 0 Co-Chief Executive Officer Common Stock 670872 D Common Stock 2021-06-30 4 J 0 1968000 D 0 I See footnote Common Stock 80000 I ThroughIn-Room Retail Systems, LLC Stock Bonus Option 3.02 2021-04-07 4 A 0 400000 A 2021-04-07 Common Stock 132450 400000 D Stock Bonus Option 3.02 2021-04-07 4 J 0 100000 D 2021-04-07 Common Stock 33112 250000 D Stock Bonus Option 3.02 2021-04-28 4 J 0 150000 D 2021-04-07 Common Stock 49669 100000 D Stock Bonus Option 3.02 2021-05-16 4 J 0 150000 D 2021-04-07 Common Stock 49669 0 D Convertible Promissory Note 3.02 2021-06-30 4 A 0 430889 430889 A 2021-07-06 Common Stock 142678 430889 D Convertible Promissory Note 3.02 2021-09-30 4 J 0 50000 D 2021-07-06 Common Stock 16556 380889 D The Reporting Person had the right to vote these shares held by IDS, Inc. ("IDS") pursuant to the terms of a May 18, 2021, Shareholder Voting and Representation Agreement between the Issuer, the Reporting Person and IDS (the "Voting Agreement"). Pursuant to the Voting Agreement, IDS provided Mr. Kerby the right to, and an irrevocable proxy to, vote all of the IDS Shares held by IDS at any meeting of stockholders of the Company and/or via any written consent of stockholders of the Company. Mr. Kerby's rights to vote the IDS Shares terminated automatically on June 30, 2021, upon the closing of the Company's acquisition of HotPlay Enterprise Limited. No shares were sold or transferred by Mr. Kerby and this section of the Form 4 only reports the termination of his prior voting rights under the Voting Agreement. The Reporting Person owns 100% of In-Room Retail Systems, LLC and is deemed to beneficially own the securities held by such entity. On April 7, 2021, the board of directors of the Issuer, awarded Mr. Kerby a discretionary bonus for fiscal 2021 of $400,000, which was payable in cash or shares of common stock, at Mr. Kerby's option, at a price of $3.02 per share, the closing sales price of the Company's common stock on the date the board of directors approved such bonus (the "Stock Bonus Option"). Exempt from Section 16(b) pursuant to Rule 16b-3. No expiration date. On April 7, 2021, April 28, 2021, and May 16, 2021, Mr. Kerby elected to receive cash in connection with the bonus of $100,000, $150,000, and $150,000, respectively, reducing and terminating the Stock Bonus Option. Acquired on April 8, 2021, in exchange for accrued Series A Preferred Stock dividends in the same amount. Convertible upon the closing of the Registrant's share exchange agreement with HotPlay Enterprise Limited and its stockholders (the "Exchange"), which closed on June 30, 2021. Accrues interest at the rate of 12% per annum, compounded monthly at the end of each calendar month. Convertible, at the option of the holder thereof at any time beginning 7 days after the closing of the Exchange, at $3.02 per share. Exempt from Section 16(b) pursuant to Rule 16b-3. Convertible Note matures on April 7, 2022. On August 30, 2021, a total of $50,000 of the Convertible Promissory Note was repaid by the Company in cash. /s/ Bill Kerby 2021-09-03