Annual report pursuant to Section 13 and 15(d)

Note 25 - Related Party Transactions (Tables)

v3.24.1.u1
Note 25 - Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Related Party Transactions [Table Text Block]

Investor

Position held at NextPlat

 

Shares of Common Stock Purchased

   

Aggregate Purchase Price

 

Charles M. Fernandez

Executive Chairman and Chief Executive Officer

    679,013     $ 2,200,002  

David Phipps

Director and President of Orbsat. Chief Executive Officer of Global Operations

    46,297     $ 150,002  

Douglas Ellenoff

Vice Chairman and Chief Business Development Strategist

    46,297     $ 150,002  

Shares are deemed to be indirectly beneficially owned through Sabrina Allan, Mr. Ellenoff’s wife.

                 

Mr. Ellenoff has the power to vote and dispose of the shares.

                 

Louis Cusimano

Director

    15,433     $ 50,003  

Paul R. Thomson

Senior Vice President – Mergers, Acquisitions and Special Projects

    15,433     $ 50,003  

 

Investor

Position held at NextPlat

 

Shares of Common Stock Purchased

   

Warrants to purchase Common Stock

   

Aggregate Purchase Price

 

eAperion Partners LLC, principal Charles M. Fernandez

Executive Chairman and Chief Executive Officer

    1,085,714       1,085,714     $ 1,900,000  

David Phipps

Director and President of NextPlat. Chief Executive Officer of Global Operations

    28,500       28,500     $ 49,875  

RLB Market Investments LLC, principal, Rodney Barreto

Director

    1,085,714       1,085,714     $ 1,900,000