Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FWAV | Series C Preferred Stock | Award | $100 | +1 | $100.00 | 1 | Mar 3, 2025 | Common Stock | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The Series C Preferred Stock is not convertible, does not have any redemption, preferential dividend or liquidation rights. Any Series C Preferred Stock issued and outstanding on the record date to vote and/or consent to an approval of an amendment to the Company's Articles of Incorporation authorizing an increase in the Company's authorized capital (the "Charter Amendment") shall be automatically surrendered and cancelled for no consideration following the Charter Amendment. |
F2 | Holder of Series C Preferred Stock shall only be entitled to vote on the approval Charter Amendment and shall be entitled to a voting power equal to one vote more than the total combined voting power of the Company's common stock. |