0000899243-22-021437.txt : 20220608 0000899243-22-021437.hdr.sgml : 20220608 20220608125135 ACCESSION NUMBER: 0000899243-22-021437 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220413 FILED AS OF DATE: 20220608 DATE AS OF CHANGE: 20220608 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GULATI CHETAN CENTRAL INDEX KEY: 0001838456 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-56075 FILM NUMBER: 221003064 MAIL ADDRESS: STREET 1: 28 REICHERT CIRCLE CITY: WESTPORT STATE: CT ZIP: 06880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 4Front Ventures Corp. CENTRAL INDEX KEY: 0001783875 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2900-550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 0A3 BUSINESS PHONE: (602) 682-7037 MAIL ADDRESS: STREET 1: 2900-550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 0A3 4/A 1 doc4a.xml FORM 4/A SUBMISSION X0306 4/A 2022-04-13 2022-06-07 0 0001783875 4Front Ventures Corp. FFNTF 0001838456 GULATI CHETAN C/O 4FRONT VENTURES CORP. 5060 N. 40TH STREET, SUITE 120 PHOENIX AZ 85018 1 0 0 0 Class A Subordinate Voting Shares 2022-04-13 4 J 0 5565563 A 27026008 I Navy Capital Green Fund, LP Class A Subordinate Voting Shares 2022-04-13 4 J 0 154038 A 27180046 I Navy Capital Green Co-Invest Fund, LLC Class A Subordinate Voting Shares 2022-04-13 4 J 0 41696 A 27221742 I Navy Capital Green Holdings, LLC Warrant 1.00 2022-04-13 4 J 0 2107311 A 2024-04-13 Class A Subordinate Voting Shares 2107311 2107311 I Navy Capital Green Fund, LP This Form 4 is being amended to correct the transaction code from "P" to "J". The Reporting Person acquired a total of 5,761,297 Class A Subordinate Voting Shares and warrants exercisable for up to 2,107,311 Class A Subordinate Voting Shares in connection with the Company's acquisition of Island Global Holdings, Inc. The Reporting Person acquired a total of 5,761,297 Class A Subordinate Voting Shares and warrants exercisable for up to 2,107,311 Class A Subordinate Voting Shares in exchange for consideration with a total fair market value of $4,192,562, or $0.73 per each share of Class A subordinate Voting Shares acquired, in connection with the Company's acquisition of Island Global Holdings, Inc. Does not include 2,107,311 Class A Subordinate Voting Shares underlying the warrants issued on April 13, 2022 held by the Reporting Person, which are reported on Table II of this Form 4. The Reporting Person has voting and dipositive control over these shares as he is Managing Member, Head of Research and sits on the investment committee of Navy Capital Green Management, LLC, the investment advisor to Navy Capital Green Fund, LP and Navy Capital Green Co-Invest Fund, LLC and manager of Navy Capital Green Holdings, LLC. The warrants become exercisable once the California business operations of the Company achieve a generate gross revenues in excess of $4,000,000 per month for at least three months in a period of five consecutive months. /s/Chetan Gulati 2022-06-08