other material
confidence high
sentiment neutral
materiality 0.40
Theriva Biologics receives conversion notice for 135,431 Series C Preferred shares into ~888K common shares
Theriva Biologics, Inc.
- Holder converted 135,431 Series C Preferred shares into 888,072 common shares at $1.22 per share.
- Conversion increases outstanding common shares by approximately 888,000, diluting existing shareholders.
- Notice received May 13, 2024; conversion effective upon notice.