Liquidmetal Technologies Inc (LQMT)

[Barney Vissur]

More S-1 Exec Summary Details. (NOTE - "selling stockholders" ONLY means they are the ones purchasing with rights to sell, NOT that they are selling right away):

The Offering

Common stock offered Up to 79,261,370 shares of our common stock are being offered by the selling stockholders. These shares consist of:

- up to 51,136,370 shares issuable upon the conversion of our Senior Convertible Notes due on September 1, 2013 (the “Convertible Notes”) at a conversion price of $0.352 per share (subject to adjustment as described below under “ BUSINESS — Significant Transactions — July 2012 Private Placement of Convertible Notes and Warrants ” beginning on page 39 of this prospectus), which Convertible Notes were issued by us to various selling stockholders in a private placement on July 2, 2012; and

- up to 28,125,000 shares are issuable to various selling stockholders upon the exercise of outstanding common stock purchase warrants (the “Warrants”) issued by us to the purchasers of the Convertible Notes in the July 2, 2012 private placement, which Warrants have an exercise price of $0.384 per share (subject to adjustment as described below under “ BUSINESS — Significant Transactions — July 2012 Private Placement of Convertible Notes and Warrants ” beginning on page 39 of this prospectus).

Shares of common stock outstanding after the offering 271,114,276 shares of common stock