11/09/2026 | Press release | Distributed by Public on 11/09/2026 15:33
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option (Right to Buy) | $6.51 | 11/05/2026 | D(3) | 145,035 | (3) | 08/27/2036 | Common Stock | 145,035 | (3) | 0 | I | By GM Consulting Group Inc.(1) | |||
| Stock Option (Right to Buy) | $6.54 | 11/05/2026 | A(3) | 145,035 | (3) | 08/27/2036 | Common Stock | 145,035 | (3) | 145,035 | I | By GM Consulting Group Inc.(1) | |||
| Stock Option (Right to Buy) | $2.18 | (4) | 12/07/2035 | Common Stock | 154,539 | 154,539 | I | By GM Consulting Group Inc.(1) | |||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hernandez Gerard Albert Palana C/O OPENWORLD, INC. 801 INTERNATIONAL PARKWAY, FIFTH FLOOR LAKE MARY, FL 32746 |
Chief Financial Officer | |||
| /s/ Gerard Hernandez | 11/09/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Mr. Hernandez has beneficial ownership over the shares held by GM Consulting Group Inc. |
| (2) | Mr. Hernandez has beneficial ownership over the shares held by LB2 Capital Partners LLC. |
| (3) | The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally assumed in connection with the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026 and is fully vested as of the date of this report. |
| (4) | This option is fully vested as of the date of this report. |