secwatch.observer — SEC 8-K summary
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Issuer:     IntelGenx Technologies Corp. (—)
CIK:        0001098880
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001062993-24-003186
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03
LLM model:  deepseek-v4-flash:cloud@v2

IntelGenx designates 2.09M Series A Preferred shares with 8% cumulative quarterly dividend
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- 2,090,000 Series A Preferred shares designated; stated value $10.00, liquidation preference $15.00.
- Cumulative quarterly dividend of $0.20/share (8% annual); increases to $0.30 (12%) upon default.
- Dividends payable in cash or, at company's discretion and TSX approval, in-kind in common stock.
- Company call right and holder put right after 5th anniversary at 150% of original issue price ($15.00).
- Series A ranks senior to common stock on dividends and liquidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098880/000106299324003186/0001062993-24-003186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098880/000106299324003186/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-003186

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