other material
confidence high
sentiment neutral
materiality 0.50
Galera Therapeutics amends Series B Preferred terms to allow board discretion to convert to common stock
Galera Therapeutics, Inc.
- On Feb 12, 2026, Galera filed a Certificate of Amendment to its Series B Preferred Certificate of Designation.
- Amendment grants the board sole discretion to convert Series B Preferred into common stock using the Conversion Ratio.
- Amendment was approved by the board and by unanimous written consent of Series B holders.
- No immediate conversion; board may elect to convert in whole or in part at a later date.