other material
confidence high
sentiment neutral
materiality 0.55
Avantor converts all Series A Preferred Stock to common; preferred delisted
Avantor, Inc.
- All 6.250% Series A Mandatory Convertible Preferred Stock automatically converted to common stock on May 16, 2022.
- Conversion rate of 3.0395 common shares per preferred share; cash paid for fractional shares.
- No shares of Preferred Stock remain outstanding after conversion.
- Company requested NYSE to delist preferred stock and will file Form 15 to suspend reporting obligations.
- Certificate of Elimination filed to remove preferred stock terms from corporate charter.