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Smart for Life | 8-K: Current report

Smart for Life | 8-K:重大事件

SEC announcement ·  03/07 17:06
Moomoo AI 已提取核心信息
Smart for Life, Inc. has announced the creation of a new series of preferred stock, designated as series C preferred stock, through a certificate of designation filed with the Nevada Secretary of State on March 1, 2024. The company has allocated 20,000 shares of its preferred stock to this new series. Series C preferred stockholders are entitled to dividends equivalent to common stockholders, liquidation rights that prioritize them equally with series B preferred stockholders and above common stockholders, and voting rights on an as-converted basis. Each share of series C preferred stock is convertible into common stock at a conversion price of $1.00, subject to certain ownership limitations which can be waived by the holder. Additionally, Smart for Life has entered into conversion agreements with certain lenders, converting $3,041,205 of debt into 760,600 shares of common stock and 23,601 shares of series C preferred stock. These transactions have resulted in the company's stockholder’s equity surpassing $2.5 million as reported in the first quarter of 2024.
Smart for Life, Inc. has announced the creation of a new series of preferred stock, designated as series C preferred stock, through a certificate of designation filed with the Nevada Secretary of State on March 1, 2024. The company has allocated 20,000 shares of its preferred stock to this new series. Series C preferred stockholders are entitled to dividends equivalent to common stockholders, liquidation rights that prioritize them equally with series B preferred stockholders and above common stockholders, and voting rights on an as-converted basis. Each share of series C preferred stock is convertible into common stock at a conversion price of $1.00, subject to certain ownership limitations which can be waived by the holder. Additionally, Smart for Life has entered into conversion agreements with certain lenders, converting $3,041,205 of debt into 760,600 shares of common stock and 23,601 shares of series C preferred stock. These transactions have resulted in the company's stockholder’s equity surpassing $2.5 million as reported in the first quarter of 2024.
Smart for Life, Inc.宣布通过2024年3月1日向内华达州国务卿提交的指定证书,创建一系列新的优先股,指定为C系列优先股。该公司已向这一新系列分配了20,000股优先股。C系列优先股股东有权获得相当于普通股股东的股息,与B系列优先股股东和普通股以上的股东同等优先的清算权,以及在转换后的基础上获得投票权。C系列优先股的每股可转换为普通股,转换价格为1.00美元,但须遵守某些所有权限制,持有人可以免除这些限制。此外,Smart for Life已与某些贷款机构签订了转换协议,将3,041,205美元的债务转换为760,600股普通股和23,601股C系列优先股。据2024年第一季度报告,这些交易使公司的股东权益超过250万美元。
Smart for Life, Inc.宣布通过2024年3月1日向内华达州国务卿提交的指定证书,创建一系列新的优先股,指定为C系列优先股。该公司已向这一新系列分配了20,000股优先股。C系列优先股股东有权获得相当于普通股股东的股息,与B系列优先股股东和普通股以上的股东同等优先的清算权,以及在转换后的基础上获得投票权。C系列优先股的每股可转换为普通股,转换价格为1.00美元,但须遵守某些所有权限制,持有人可以免除这些限制。此外,Smart for Life已与某些贷款机构签订了转换协议,将3,041,205美元的债务转换为760,600股普通股和23,601股C系列优先股。据2024年第一季度报告,这些交易使公司的股东权益超过250万美元。
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