other material
confidence high
sentiment neutral
materiality 0.40
Comscore defers June 2023 Series B preferred dividend to Dec 31, 2023 with 9.5% accrual
COMSCORE, INC.
- All three Series B holders (Charter, Liberty Broadband, Pine Investor) waived June 30 dividend.
- Deferred dividends accrue at 9.5% p.a. from June 30 until paid; payment due by Dec 31, 2023.
- Board unanimously agreed to defer to preserve management flexibility; stockholders approved payment-in-kind options.
- No change to voting, liquidation, or other dividend rights of Series B Preferred Stock.