---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-305186"
form_type: "8-K"
ticker: "MDXG"
cik: "0001376339"
company_name: "MIMEDX GROUP, INC."
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:16:59.293181+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MiMedx converts 95,000 Series B Preferred shares into 30M common shares

## Summary
- 95,000 shares of Series B Convertible Preferred Stock converted into approx. 30M shares of common stock on Dec 22, 2023.
- Conversion ends all dividend accrual obligations tied to the Preferred Stock.
- Triggered by higher common stock price and third anniversary of July 2020 financing.
- CEO states conversion simplifies balance sheet and positions for future growth.

## SEC filing metadata
- accession: 0001193125-23-305186
- form_type: 8-K
- ticker: MDXG
- cik: 0001376339
- company_name: MIMEDX GROUP, INC.
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376339/000119312523305186/0001193125-23-305186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376339/000119312523305186/d475553d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-305186
- JSON: https://secwatch.observer/filing/0001193125-23-305186.json
- Plain text: https://secwatch.observer/filing/0001193125-23-305186.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.