Issued 6.9M shares of Series A Preferred Stock to Emblem, 19.99% voting non-economic interest

Real Good Food Company, Inc.

Issued 6,876,814 shares of Series A Preferred Stock to Emblem Investments as part of previously disclosed $60M loan.
Series A Preferred is senior to common stock in liquidation, carries one vote per share, and pays no dividends.
Upon stockholder approval, Series A shares will be cancelled and replaced with Class B Common, maintaining 19.99% voting interest.
Certificate of Incorporation amended to authorize up to 10M shares of Series A Preferred Stock, par value $0.0001.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Real Good Food Company, Inc.: Amended and restated Certificate of Incorporation to allow for issuance of Series A Preferred Stock and to create the series with specified rights, preferences, and terms (effective 2024-11-12).

Change: charter amendment
Effective: 2024-11-12

Exact text from the filing

the Company amended and restated its Certificate of Incorporation on November 12, 2024, to allow for the issuance of the Series A Preferred Stock

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0001193125-24-261009

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.