loton corp (LTNR:OTC US)
Transactions by LOTON CORP (LTNR) in the last 6 months
Obar Camden Holdings Limited entered into an agreement to acquire Loton, Corp. from Trinad Capital Master Fund Ltd., fund of Trinad Management LLC and other shareholders on April 28, 2014. As per the agreement, Loton issued 29 million shares of common stock corresponding to approximately 73.9% of the shares. With the transaction, the surviving entity will own 50% stake in Obar Camden Holdings Limited, the acquirer from accounting perspective.
Trinad Management LLC
KoKo (Camden) Limited acquired a 47.48% stake in OBAR Camden Holdings Limited from Alex Rutherford for £2.4 million on February 13, 2014. KoKo (Camden) Limited acquired 46,410 shares by paying £1.1 million on closing and will pay £1.3 million as deferred consideration. In a related transaction, KoKo (Camden) Limited agreed to acquire 5.05% stake in OBAR Camden Holdings Limited from Hugh Doherty and Laurence Seymour on February 13, 2014. Wragge & Co LLP acted as legal ...
Oliver Bengough, a UK resident agreed to acquire additional 2.53% stake in OBAR Camden Holdings Limited from JJAT Corp. for £0.13 million on April 24, 2014. Oliver Bengough acquired 2,468 Ordinary Shares for £0.13 million and 2,750 Deferred Ordinary Shares for £1. The consideration was payable in promissory notes. As a result og this transaction Oliver Bengough will own 50% stake in OBAR Camden Holdings Limited.
KoKo (Camden) Limited and JJAT Corp agreed to acquire 5.05% stake in OBAR Camden Holdings Limited from Hugh Doherty and Laurence Seymour for £0.26 million on February 13, 2014. KoKo (Camden) Limited and JJAT Corp each acquired 2.525% stake in OBAR Camden. The purchase includes includes 50% of the outstanding deferred shares of OBAR Camden Holdings.
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