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Wednesday, November 23, 2022 12:48:28 PM
Filing Date, 2022-11-22
https://www.conferencecalltranscripts.org/summary/?id=11540081
William Gross, Heliogen, Inc.'s CHIEF EXECUTIVE OFFICER and a director of the company, recently acquired 50,000 shares of the company. The buys took place at $1.00 per share, on November 18, 2022. Gross now owns 2,103,150 shares of the company. Gross operates out of Pasadena, CA. Some additional info was provided as follows:
The securities are held directly by Idealab Studio, LLC ("Idealab Studio"). Mr. Gross is the Chairman and Chief Executive Officer of Idealab Studio. In addition, Mr. Gross is co-Trustee of The Gross Goodstein Living Trust dated April 18, 2006 (the "Trust"), which owns a majority of the class of securities entitled to elect two directors to Idealab Studio's board of managers. As a result of the foregoing, Mr. Gross may be deemed to beneficially own the securities held by Idealab Studio. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
The securities are held directly by the Trust. Mr. Gross, together with his wife, is co-Trustee of the Trust and may be deemed to beneficially own the securities held by the Trust. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
The above information was disclosed in a filing to the SEC.
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