other_material
confidence high
sentiment neutral
materiality 0.55
Montrose Environmental redeems $62.2M Series A-2 Preferred, eliminating board appointment right
Onterris, Inc.
- Redeemed all outstanding Series A-2 Preferred Stock from OCM Montrose II Holdings on July 1, 2025.
- Stated value of $62.2 million paid in cash from cash on hand and credit facility.
- No shares of A-2 Preferred remain outstanding; Holder loses right to appoint a board member.
item 8.01