other material
confidence high
sentiment neutral
materiality 0.45
Chart Industries sets mandatory conversion rate for Series B Preferred: 7.0520 common shares per preferred share
CHART INDUSTRIES INC
- Each share of 6.75% Series B Mandatory Convertible Preferred Stock will convert into 7.0520 shares of common stock.
- Each depositary share (GTLS.PRB) will convert into 0.3526 shares of common stock.
- Conversion effective December 15, 2025; trading in depositary shares expected to be suspended and delisted.
- No fractional shares issued; fractional interests settled in cash per certificate of designations.