MediaCo increases authorized Series A Convertible Preferred shares to 500,000 for PIK dividends

Mediaco Holding Inc.

Authorized Series A Convertible Preferred Stock increased from 300,000 to 500,000 shares.
Additional shares will only be issued to pay PIK dividends on outstanding Convertible Preferred Stock.
Amendment filed March 23, 2023; effective same date.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Mediaco Holding Inc.: Increased authorized shares of Series A Convertible Preferred Stock from 300,000 to 500,000 for PIK dividend payments (effective 2023-03-23).

Change: charter amendment
Effective: 2023-03-23

Exact text from the filing

On March 23, 2023, MediaCo Holding Inc. (the “Company”) filed Articles of Amendment to its Articles of Amendment of Amended & Restated Articles of Incorporation to increase the number of authorized shares of its Series A Convertible Preferred Stock (the “Convertible Preferred Stock”) from 300,000 to 500,000.

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Mediaco Holding Inc. filing history →

Source: SEC EDGAR

accession 0000929638-23-000918

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