Monogram Technologies triggers mandatory conversion of Series D Preferred Stock into common shares

Monogram Technologies Inc.

Mandatory conversion triggered because MGRM common stock closed at or above $2.8125 for 10 consecutive trading days ending July 7, 2025.
Each share of Series D Preferred Stock converts into one share of common stock; conversion effective July 14, 2025.
Series D Preferred Stock carried 8.00% cumulative dividend; conversion removes dividend obligation.
Preferred stock was issued in a unit offering that closed October 1, 2024, with warrants exercisable for common stock.

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