secwatch.observer — SEC 8-K summary
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Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000950170-24-015966
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald receives waiver for mandatory conversion of Series A Preferred without registration
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- OPV Aggregator waived Common Stock Liquidity Conditions for its Convertible Preferred shares for six months through Aug 13, 2024.
- Board authorized mandatory conversion of all outstanding preferred shares once stock price exceeds $6.16 for 20 consecutive trading days.
- Waiver does not affect rights of other preferred holders; they will still receive freely tradeable common shares upon conversion.
- Conversion condition (price >$6.16) may never be met; no assurance on timing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017024015966/0000950170-24-015966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017024015966/eex-20240213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-015966

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer