0001680070-16-000003.txt : 20161109
0001680070-16-000003.hdr.sgml : 20161109
20161109130749
ACCESSION NUMBER: 0001680070-16-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161108
FILED AS OF DATE: 20161109
DATE AS OF CHANGE: 20161109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NOBLE ROMANS INC
CENTRAL INDEX KEY: 0000709005
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812]
IRS NUMBER: 351281154
STATE OF INCORPORATION: IN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE VIRGINIA AVE
STREET 2: STE 800
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46204
BUSINESS PHONE: 3176343377
MAIL ADDRESS:
STREET 1: ONE VIRGINIA AVENUE
STREET 2: SUITE 800
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Herbst Marcel
CENTRAL INDEX KEY: 0001680070
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-11104
FILM NUMBER: 161983461
MAIL ADDRESS:
STREET 1: 834 W. ROSCOE ST.
STREET 2: UNIT 2
CITY: CHICAGO
STATE: X1
ZIP: 60657
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-11-08
0
0000709005
NOBLE ROMANS INC
NROM
0001680070
Herbst Marcel
2846 N. SOUTHPORT AVE
UNIT 3N
CHICAGO
X1
60657
UNITED STATES
1
0
0
0
Convertible, subordinated, unsecured promissory notes
0.5
2016-11-08
2016-11-08
4
A
0
200000
0.5
A
2016-11-08
2019-11-08
Noble Romans Inc.
600000
635000
I
Convertible is purchased by Herbst Capital Mgt., LLC
The Convertible and attached warrants are held in the account of Herbst Capital Management, LLC. (the "fund") for which Herbst Capital Partners, LLC (the "General Partner") serves as its manager. Marcel Herbst is the General Manager of Herbst Capital Partners, LLC and also serves as the Portfolio Manager of Herbst Capital Management, LLC. Mr. Herbst may be deemed to beneficially own these securities held by the fund by virtue of the General Partner's position in the fund and Mr. Herbst's status as the general manager of the General Partner and his status as portfolio manager of the fund.
Interest on the Notes accrues at the annual rate of 10% and is payable quarterly in arrears. Principal of the Notes matures three years after issuance. Each holder of the Notes may convert them at any time into Common Stock of the Company at a conversion price of $0.50 per share.
The Warrants expire three years from the date of issuance and provide for an exercise price of $1.00 per share of Common Stock
Marcel Herbst
2016-11-09