other material
confidence high
sentiment neutral
materiality 0.20
Petros Pharmaceuticals amends Series A Preferred Stock redemption and conversion procedures
Petros Pharmaceuticals, Inc.
- Filed Certificate of Amendment to Series A Convertible Preferred Stock with Delaware Secretary of State on Sept 29, 2023.
- Amendment permits additional procedures for payment of redemptions and conversions.
- No change to conversion ratio, dividend rate, or liquidation preference was disclosed.