other material
confidence high
sentiment neutral
materiality 0.25
VYNE redeems all Series A Preferred Stock for $360K, eliminates series designation
VYNE Therapeutics Inc.
- Redeemed all outstanding Series A Convertible Preferred Stock for $360,000 (120% of stated value) on Jan 17, 2023.
- Filed Certificate of Elimination removing designation of 3,000 Series A shares with Delaware Secretary of State.
- Eliminated shares resume status as authorized but unissued and non-designated preferred stock.
- No outstanding Series A shares remain after redemption; sole holder received full payment.