SCI Engineered Materials to redeem all Series B Convertible Preferred for $514,438

SCI Engineered Materials, Inc.

Redemption of all 24,152 Series B shares at $10.30 each (3% premium) plus $11.00 per share in unpaid dividends.
Total cash cost of $514,437.60; redemption effective December 31, 2021.
Series B shares had no public market; issued via private placement.

item 8.01

SCI Engineered Materials, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-144309

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