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ATS investors buy warrants, sell units and shares
By Lisa Kerner
Charlotte, N.C., Feb. 1 - ATS Corp. investors C. Michael Vaughn and J. Christopher Young reported a series of warrant, unit and common stock transactions in a schedule 13D filing with the Securities and Exchange Commission.
The investors purchased 306,000 warrants on Jan. 24 and Jan. 25, priced from $0.267 and $0.35. The warrants are for shares of common stock at an exercise price of $5 per share.
Vaughn and Young sold 2,200 units between Jan. 9 and Jan. 23, priced from $3.85 and $4.10. Each unit consists of one share of common stock and two warrants.
The investors sold 5,000 shares of ATS common stock between Dec. 7 and Jan. 23, priced from $3.40 and $3.60 each.
Vaughn beneficially owns 5,341,623 shares, or 24.1%, of the McLean, Va., acquisition company.
Young beneficially owns 3,266,623 shares, or 16.3%, of ATS.
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