0001104659-24-063340.txt : 20240520
0001104659-24-063340.hdr.sgml : 20240520
20240520144700
ACCESSION NUMBER: 0001104659-24-063340
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240516
FILED AS OF DATE: 20240520
DATE AS OF CHANGE: 20240520
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DEJORIA JOHN PAUL
CENTRAL INDEX KEY: 0000897610
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-53944
FILM NUMBER: 24963889
MAIL ADDRESS:
STREET 1: 2934 OESTRICK LANE
CITY: AUSTIN
STATE: TX
ZIP: 78733
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: REGO PAYMENT ARCHITECTURES, INC.
CENTRAL INDEX KEY: 0001437283
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 352327649
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 325 SENTRY PARKWAY
STREET 2: SUITE 200
CITY: BLUE BELL
STATE: PA
ZIP: 19422
BUSINESS PHONE: 267-465-7530
MAIL ADDRESS:
STREET 1: 325 SENTRY PARKWAY
STREET 2: SUITE 200
CITY: BLUE BELL
STATE: PA
ZIP: 19422
FORMER COMPANY:
FORMER CONFORMED NAME: VIRTUAL PIGGY, INC.
DATE OF NAME CHANGE: 20110829
FORMER COMPANY:
FORMER CONFORMED NAME: Moggle, Inc.
DATE OF NAME CHANGE: 20080610
4
1
tm2414801-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-05-16
0
0001437283
REGO PAYMENT ARCHITECTURES, INC.
RPMT
0000897610
DEJORIA JOHN PAUL
109 WEST 7TH ST., SUITE 200
GEORGETOWN
TX
78626
0
0
1
0
0
Series B Cumulative Convertible Preferred Stock
0.9
2024-05-16
4
P
0
38889
90
A
Common Stock
3888900
164446
I
By Trust
Each share of the Issuer's Series B Cumulative Convertible Preferred Stock ("Series B Preferred Stock") is currently convertible into 100 shares of Common Stock at a conversion price of $0.90 per share, subject to certain anti-dilution adjustments.
Pursuant to the Certificate of Designation governing the Series B Preferred Stock, such Series B Preferred Stock may not be converted to the extent that, after giving effect to such conversion, the holder thereof would beneficially own in excess of 4.99% (the "Maximum Percentage") of the Issuer's Common Stock; provided, however, a holder of Series B Preferred Stock may, upon written notice to the Issuer, increase or decrease such Maximum Percentage, provided that (i) any such increase will not be effective until the 61st day after such notice is delivered to the Issuer and (ii) any such increase or decrease will apply only to such holder and not to any other holder of Series B Preferred Stock. The Series B Preferred Stock has no expiration date.
The Reporting Person beneficially owns a total of 164,446 shares of Series B Preferred Stock, consisting of (i) 44,445 shares directly held by the JDP 2019 Gift Trust, a trust of which the Reporting Person is the settlor and trustee, (ii) 44,445 shares directly held by the John Paul DeJoria Family Trust, a trust of which the Reporting Person is the settlor and trustee, and (iii) 75,556 shares directly held by the Reporting Person.
/s/ Kevin Lange, Attorney-in-Fact
2024-05-20