0001654954-22-012142.txt : 20220902
0001654954-22-012142.hdr.sgml : 20220902
20220902203312
ACCESSION NUMBER: 0001654954-22-012142
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220815
FILED AS OF DATE: 20220902
DATE AS OF CHANGE: 20220902
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Monat Jeffrey
CENTRAL INDEX KEY: 0001792332
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-56254
FILM NUMBER: 221226622
MAIL ADDRESS:
STREET 1: C/O MERIDA MERGER CORP. I
STREET 2: 641 LEXINGTON AVE., 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Lowell Farms Inc.
CENTRAL INDEX KEY: 0001838128
STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19 QUAIL RUN CIRCLE - SUITE B
CITY: SALINAS
STATE: CA
ZIP: 93907
BUSINESS PHONE: (831) 998-8214
MAIL ADDRESS:
STREET 1: 19 QUAIL RUN CIRCLE - SUITE B
CITY: SALINAS
STATE: CA
ZIP: 93907
FORMER COMPANY:
FORMER CONFORMED NAME: Indus Holdings, Inc.
DATE OF NAME CHANGE: 20201228
4
1
section16.xml
PRIMARY DOCUMENT
X0306
4
2022-08-15
0001838128
Lowell Farms Inc.
LOWLF
0001792332
Monat Jeffrey
C/O LOWELL FARMS INC.
19 QUAIL RUN CIRCLE, SUITE B
SALINAS
CA
93907
true
Convertible Debenture of Indus Holding Company
0.2313
2022-08-15
4
P
false
216169
A
2022-08-15
2023-10-13
Subordinate Voting Shares
216169
216169
I
See footnote
Warrants (right to buy)
0.2613
2022-08-15
4
P
false
216169
A
2022-08-15
2026-02-19
Subordinate Voting Shares
216169
216169
I
See footnote
Warrants (right to buy Shares of Indus Holding Company)
0.2613
2022-08-15
4
P
false
324254
A
2022-08-15
2026-02-19
Subordinate Voting Shares
324254
324254
I
See footnote
The principal amount of each convertible debenture is convertible into Class C Common Shares of Indus Holding Company ("Class C Common Shares") at $0.2313 per share. Class C Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis in accordance with the certificate of incorporation of Indus Holding Company. Class C Common Shares may be redeemed at any time and have no expiration date.
Interest accrues on the convertible debentures and is payable quarterly in arrears; any accrued and unpaid interest at the time of conversion of a convertible debenture is convertible into additional Class C Common Shares at $0.2313 per share. Accrued interest is not included in the underlying share numbers.
The aggregate purchase price paid for the convertible debentures and warrants is $50,000.
Held by Nicole Monat, Mr. Monat's wife. Mr. Monat disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
/s/ Jeffrey Monat
2022-09-02