T.I.I. - JETSERVICES Takes Significant Stake in NutriBand Inc.

TL;DR

**T.I.I. - JETSERVICES just bought a big chunk of NutriBand Inc. stock, watch for potential shake-ups!**

AI Summary

T.I.I. - JETSERVICES, LDA filed an SC 13D on January 23, 2024, disclosing its acquisition of NutriBand Inc. common stock. This filing was triggered by an event on December 21, 2023, indicating a significant ownership stake has been taken by T.I.I. - JETSERVICES, LDA. This matters to investors because a large institutional or corporate investor taking a substantial position can signal confidence in the company's future, potentially influencing stock price and future strategic decisions for NutriBand Inc.

Why It Matters

A new major shareholder, T.I.I. - JETSERVICES, LDA, has emerged in NutriBand Inc., which could lead to changes in company strategy or governance, impacting existing shareholders.

Risk Assessment

Risk Level: medium — The emergence of a new significant shareholder can introduce uncertainty regarding future company direction and potential activist involvement.

Analyst Insight

An investor should research T.I.I. - JETSERVICES, LDA's past investment history and potential intentions to understand the implications for NutriBand Inc. and consider if this new ownership aligns with their investment thesis.

Key Players & Entities

• NutriBand Inc. (company) — the subject company whose securities were acquired
• T.I.I. - JETSERVICES, LDA (company) — the entity that acquired the securities and filed the SC 13D
• $0.001 (dollar_amount) — par value per share of NutriBand Inc. Common Stock
• December 21, 2023 (date) — date of the event requiring the SC 13D filing
• January 23, 2024 (date) — date the SC 13D was filed

Forward-Looking Statements

• T.I.I. - JETSERVICES, LDA may seek to influence NutriBand Inc.'s strategic direction or governance. (NutriBand Inc.) — medium confidence, target: Within 6-12 months
• NutriBand Inc.'s stock price could experience increased volatility due to the new significant shareholder. (NutriBand Inc.) — medium confidence, target: Near-term (1-3 months)

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
• $5,000,000 — the Reporting Person, for an increased $5,000,000 credit line facility Note (replacing th
• $2,000,000 — redit line facility Note (replacing the $2,000,000 credit line facility with the same lend
• $53,440 — version of the $2,000,000 principal and $53,440 accrued interest of the Credit Line Not
• $2.00 — porting Person at a conversion price of $2.00 per share. 5 CHECK IF DISCLOSURE OF

Filing Documents

• ea191987-13dtiijet_nutriband.htm (SC 13D) — 51KB
• 0001213900-24-005531.txt ( ) — 52KB

Business

Beneficial of Shares Vitalie Botgros Mr. Botgros is the ultimate beneficial owner of shares of common stock of Issuer owned by the Reporting Person. Mr. Botgros is able to exercise control of the Reporting Person through ownership of 100% of the outstanding shares of Nociata Holding Limited, a Cyprus Limited company, that in turn owns all of the outstanding shares of the Reporting Person. (1) Romania 1,347,524 (3) Viorica Carlig President of Reporting Person and President of Nociata Holding Limited. (2) (1) Portugal 0 (1) The (2) Ms. Carlig disclaims beneficial ownership of these shares of the Issuer’s common stock held by the Reporting Person. (3) Mr. Botgros is the beneficial owner of 100% of the shares of common stock of the Issuer held by the Reporting Person.

View Full Filing

View this SC 13D filing on SEC EDGAR