secwatch.observer — SEC 8-K summary
======================================

Issuer:     Leafly Holdings, Inc. /DE (—)
CIK:        0001785592
Form:       8-K
Filed at:   2025-04-07T23:59:59+00:00
Accession:  0000950170-25-051580
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.03, 3.02, 3.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leafly issues CEO 100M-vote Series A Preferred to sway reverse split vote; quorum reduced to 1/3
--------------------------------------------------------------------------------

- Issued 1 share of Series A Preferred to CEO Yoko Miyashita for $100 with 100M votes on reverse split proposals only.
- Series A Preferred votes mirror common stock votes (excluding non-votes); no vote unless 1/3 of common present.
- Board reduced stockholder meeting quorum from majority to one-third of voting power.
- Director Alan Pickerill resigned effective April 1, 2025, not due to any disagreement.
- Series A Preferred is non-convertible, non-dividend, redeemable at $100 after reverse split approval or Board order.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785592/000095017025051580/0000950170-25-051580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785592/000095017025051580/lfly-20250401.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-051580

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