Business Wire

Equity Commonwealth Announces Voting Results of Special Shareholder Meeting and Payment of Liquidation Preference for Series D Preferred Shares

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) held a special meeting of shareholders (the “Special Meeting”) today, November 12, 2024. At the Special Meeting, the Company’s ...
Hosted on MSN

MicroStrategy Sued Over Preferred Stock Amendment, Faces Fiduciary Breach Claims

MicroStrategy recently adjusted the terms of its Perpetual Strike Preferred Stock. In the event of a liquidation, STRK holders will be paid out based at the market rate. However, a class action ...
JD Supra

The Power of Preferred Stock: A Primer for VC, PE, and Founders

Preferred stock is a key financing instrument in the world of private equity (PE) and venture capital (VC), frequently used to balance the interests of investors and founders. Issued by corporations, ...
Nasdaq

Oragenics, Inc. Completes Conversion of Preferred Shares to Simplify Capital Structure

Oragenics converted Series A and B Preferred Shares into common stock, simplifying its capital structure and eliminating $2.35 million in liquidation preference. Oragenics, Inc., a biotech company ...
Seeking Alpha

Oragenics, Inc. Announces Conversion of Preferred Shares and Elimination of Liquidation Preference

SARASOTA, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Oragenics, Inc. (OGEN), a biotechnology company advancing innovative treatments for brain-related health conditions, today announced the conversion of ...
Hosted on MSN

MicroStrategy proposes preferred stock offering

MicroStrategy (NASDAQ:MSTR) has proposed an offering of 2.5M shares of its Series A Perpetual Strike Preferred Stock. The company plans to use the net proceeds from the offering for general corporate ...