Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Presurance Holdings, Inc. issued one thousand six hundred (1,600) shares of preferred stock to Clarkston Companies, Inc. for $8,000,000 aggregate purchase price.
- Security
- preferred stock
- Shares
- one thousand six hundred (1,600) shares
- Purchaser
- Clarkston Companies, Inc.
- Consideration
- $8,000,000 aggregate purchase price
Exact text from the filing
On December 23, 2025 (the “Initial Issue Date”), Presurance Holdings, Inc. (the “Company”) sold one thousand six hundred (1,600) shares of its newly designated Series C Preferred Stock, no par value (the “Series C Preferred Stock” or the “Securities”), to Clarkston Companies, Inc. (the “Purchaser”), an entity affiliated with Jeffrey Hakala, a member of the Board of Directors of the Company, for an aggregate purchase price of eight million dollars ($8,000,000).
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Presurance Holdings, Inc.: Filed Certificate of Designation creating Series C Preferred Stock, designating dividend, preferences, rights, and other terms (effective 2025-12-23).
- Change
- charter amendment
- Effective
- 2025-12-23
Exact text from the filing
On December 23, 2025, the Company filed the Certificate of Designation of Series C Preferred Stock (the “Certificate of Designation”) to the Company’s Second Amended and Restated Articles of Incorporation with the Secretary of State of the State of Michigan, effective as of such date, designating one thousand six hundred (1,600) shares of Series C Preferred Stock (the “Shares”) out of the authorized but unissued shares of the Company’s preferred stock as “Series C Preferred Stock,” and designating the dividend, preferences, rights, voting power, restrictions, limitations as to dividends and other distributions, qualifications and terms and conditions of redemption of such shares.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Presurance Holdings, Inc. entered into Securities Purchase Agreement with Clarkston Companies, Inc. valued at eight million dollars ($8,000,000) (effective 2025-12-23).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Clarkston Companies, Inc.
- Value
- eight million dollars ($8,000,000)
- Effective
- 2025-12-23
Exact text from the filing
On December 23, 2025 (the "Initial Issue Date"), Presurance Holdings, Inc. (the "Company") sold one thousand six hundred (1,600) shares of its newly designated Series C Preferred Stock, no par value (the "Series C Preferred Stock" or the "Securities"), to Clarkston Companies, Inc. (the "Purchaser"), an entity affiliated with Jeffrey Hakala, a member of the Board of Directors of the Company, for an aggregate purchase price of eight million dollars ($8,000,000). The sale of the Securities was consummated on the Initial Issue Date pursuant to a Securities Purchase Agreement (the "Agreement") by and between the Company and the Purchaser.
View on SEC.gov