other material
confidence high
sentiment neutral
materiality 0.65
Interlink Electronics converts all Series A Preferred Stock to common stock
INTERLINK ELECTRONICS INC
- Mandatory conversion of all outstanding 8.00% Series A Convertible Preferred Stock into common stock effective Oct 15, 2025.
- Triggered by closing price at or above $10.00 (120% of conversion price) for 20 of 30 trading days.
- Each preferred share converted into 3 common shares; preferred dividend obligation eliminated.
- Conversion increases common share count and removes preferred dividend expense from capital structure.