other material
confidence high
sentiment neutral
materiality 0.60
Revelation Biosciences issues CEO one share of Series A Preferred with 50M votes to secure reverse stock split approval
REVELATION BIOSCIENCES, INC.
- CEO James Rolke purchased one share of Series A Preferred for $5,000 cash.
- Preferred carries 50,000,000 votes, only on proposals to increase authorized common stock and effect reverse stock split.
- Preferred votes in proportion to common stock votes on those proposals; no other voting rights.
- Non-convertible, no dividends, no liquidation rights; redeemable at $5,000 upon board order or automatically upon reverse split effectiveness.
- Transfer restricted without board consent; issuance exempt under Section 4(a)(2).