other material
confidence high
sentiment neutral
materiality 0.35
Western Digital registers 900k preferred shares and 28M common shares for resale
WESTERN DIGITAL CORP
- Registered 900,000 shares of Series A Convertible Perpetual Preferred Stock for resale.
- Also registered 28,000,000 shares of common stock issuable upon conversion of the preferred.
- Registration statement and prospectus supplement filed with SEC on December 22, 2023.
- Legal opinion of Skadden, Arps filed as Exhibit 5.1.