secwatch.observer — SEC 8-K summary
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Issuer:     SCI Engineered Materials, Inc. (SCIA)
CIK:        0000830616
Form:       8-K
Filed at:   2021-11-29T23:59:59+00:00
Accession:  0001104659-21-144309
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/830616/000110465921144309/0001104659-21-144309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/830616/000110465921144309/tm2134051d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-144309

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