other material
confidence high
sentiment neutral
materiality 0.25
Semper Paratus initial shareholders convert all Class B shares to Class A
Tevogen Bio Holdings Inc.
- 11,983,333 Class B Founder Shares converted to Class A shares on a one-for-one basis.
- After conversion, 47,933,333 Class A shares outstanding; no Class B shares remain.
- Converted shares retain transfer restrictions, voting agreement, and trust waiver from Letter Agreement.
- Conversion does not change voting power at the February 3, 2023 extraordinary general meeting.