Agilysys eliminates 5.25% Series A Preferred Stock after conversion

AGILYSYS INC

Filed Certificate of Elimination with Delaware on Nov 27, 2023, removing Series A Preferred Stock.
All outstanding Series A Preferred shares were mandatorily converted on Nov 24, 2023.
Series A Preferred Stock returned to authorized but unissued preferred shares.
No financial impact; the filing is procedural following mandatory conversion.

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 0.95

AGILYSYS INC: Filed Certificate of Elimination with Delaware to eliminate Series A Preferred Stock, returning shares to authorized and unissued preferred status after mandatory conversion of all outstanding shares (effective 2023-11-27).

Change: charter amendment
Effective: 2023-11-27

Exact text from the filing

On November 27, 2023, Agilysys, Inc. (the “Company”) filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to the Company’s 5.25% Series A Preferred Stock (the “Series A Preferred Stock”), pursuant to which the Series A Preferred Stock was eliminated and returned to the status of authorized and unissued preferred shares of the Company.

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AGILYSYS INC filing history →

Source: SEC EDGAR

accession 0000950170-23-066977

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