secwatch.observer — SEC 8-K summary
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Issuer:     Vistance Networks, Inc. (VISN)
CIK:        0001517228
Form:       8-K
Filed at:   2024-09-26T23:59:59+00:00
Accession:  0000950170-24-109653
Event type: dividend
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

CommScope declares quarterly PIK dividend on Series A Preferred Stock
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- Board declared dividend of 16,421 shares of Series A Preferred Stock plus $88.75 cash in lieu of fractional shares.
- Dividend payable on September 30, 2024, to holders of record as of the declaration date.
- Exempt from registration under Section 4(a)(2) of Securities Act; issued to accredited investor Carlyle.
- Total Series A PIK dividends now 194,682 shares since issuance in April 2019 (including Q1 and Q2 2024 dividends of 15,978 and 16,198 shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517228/000095017024109653/0000950170-24-109653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517228/000095017024109653/comm-20240925.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-109653

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