other material
confidence high
sentiment negative
materiality 0.60
Oblong issues ~997K shares on Series F conversion; common shares up 25%
TaoWeave, Inc.
- Common shares outstanding: 4,913,260 as of Oct 3, 2023, up from 3,916,294 on Sep 13, 2023.
- 996,966 common shares issued via conversions of Series F Convertible Preferred Stock.
- Series F Preferred outstanding fell from 5,264 to 4,937 shares.
- Represents approximately 25% dilution in common share count over 20 days.