other material
confidence high
sentiment neutral
materiality 0.40
NCR Voyix adjusts Series A Preferred conversion rate to 57.5601 after Atleos spin-off
NCR Voyix Corp
- Spin-off of NCR Atleos completed October 16, 2023; conversion rate adjustment follows per charter terms.
- Conversion rate increased from 33.333 to 57.5601 shares of common stock per share of Series A Preferred.
- Adjustment effective immediately after close of business on October 17, 2023.
- Notice of adjustment issued to holders on November 7, 2023 via transfer agent Equiniti Trust Company.