0001493152-17-006515.txt : 20170612
0001493152-17-006515.hdr.sgml : 20170612
20170612174645
ACCESSION NUMBER: 0001493152-17-006515
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170124
FILED AS OF DATE: 20170612
DATE AS OF CHANGE: 20170612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DIGILITI MONEY GROUP, INC.
CENTRAL INDEX KEY: 0001487906
STANDARD INDUSTRIAL CLASSIFICATION: TELEGRAPH & OTHER MESSAGE COMMUNICATIONS [4822]
IRS NUMBER: 272205650
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18671 LAKE DRIVE EAST
STREET 2: SOUTHWEST TECH CENTER A
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55317
BUSINESS PHONE: 952-698-6980
MAIL ADDRESS:
STREET 1: 18671 LAKE DRIVE EAST
STREET 2: SOUTHWEST TECH CENTER A
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55317
FORMER COMPANY:
FORMER CONFORMED NAME: CACHET FINANCIAL SOLUTIONS, INC.
DATE OF NAME CHANGE: 20140214
FORMER COMPANY:
FORMER CONFORMED NAME: DE Acquisition 2, Inc.
DATE OF NAME CHANGE: 20100324
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DAVIS JAMES L
CENTRAL INDEX KEY: 0000901152
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37913
FILM NUMBER: 17907531
MAIL ADDRESS:
STREET 1: 4800 IDS CENTER
STREET 2: 80 SOUTH EIGHTH ST
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55402
4
1
form4.xml
X0306
4
2017-01-24
0
0001487906
DIGILITI MONEY GROUP, INC.
DGLT
0000901152
DAVIS JAMES L
18671 LAKE DRIVE EAST
SOUTHWEST TECH CENTER A
MINNEAPOLIS
MN
55317
1
0
1
0
Convertible Promissory Note
2017-01-24
4
P
0
265033
954138
A
2017-03-15
2018-04-30
Common Stock
265033
265033
D
Series C Convertible Preferred Stock
2017-03-15
4
P
0
367275
A
2017-03-15
Common Stock
367275
367275
D
Warrant (Right to Buy)
7.41
2017-01-24
4
P
0
10371
0
A
2017-01-24
2022-01-23
Common Stock
10371
10371
D
Warrant (Right to Buy)
3.60
2017-01-25
4
A
0
28704
0
A
2017-01-25
2022-01-24
Common Stock
28704
28704
D
Warrant (Right to Buy)
3.60
2017-01-26
4
A
0
696
0
A
2017-01-26
2022-01-25
Common Stock
696
696
D
Warrant (Right to Buy)
3.60
2017-03-02
4
J
0
24024
0
A
2017-03-02
2022-03-01
Common Stock
24024
24024
D
Reflects 1-for-1.5 reverse stock split which became effective on March 9, 2017.
Convertible Term Promissory Note convertible into the Issuer's common stock on a $3.60-for-$1.00 basis.
Series C Convertible Preferred Stock convertible into the Issuer's Common Stock on a $3.60-for-$1.00 basis. (This filing is deemed to correct the typographical error contained within Form 4 filed on March 20, 2017, which incorrectly stated a conversion basis of $3.60-for-$100.)
Issued in consideration of the Reporting Person's agreement to convert a Convertible Term Promissory Note from the Issuer into the Issuer's common stock and to accept warrants in lieu of a cash repayment of $1,085 interest accrued in connection with the convertible note.
Issued in conjunction with a Note Payable agreement between the Issuer and the Reporting Person as inducement to enter into the loan. The Issuer's Board approved the transaction.
Issued pursuant to a Convertible Note Payable agreement between the Issuer and the Reporting Person.
The Issuer issued the Warrants to the Reporting Person as consideration for his participation in certain financing presented to the Company.
/s/ Bryan D. Meier, Attorney-in-Fact for James L. Davis
2017-06-12