dividend
confidence high
sentiment negative
materiality 0.95
Jaguar Health declares Series R preferred dividend, amends royalty and note obligations
Jaguar Health, Inc.
- Board declared special one-time dividend of one Series R Convertible Preferred share per common share; record date Oct 13, 2026, payment date Oct 15, 2026.
- Series R designates 2,325,000 preferred shares; each converts into 5 common shares on Nov 2, 2026, up to 11,625,000 conversion shares.
- Example: 2,281,247 Series R shares would yield 11,406,235 common shares, about 83.3% of outstanding common stock after conversion.
- Uptown and Streeterville royalty amendments extend monthly payments from Oct 1, 2026 to Jan 1, 2027; monthly Royalty Payment is greater of $750,000 or actual amount.
- 2021 Note maturity extended from Oct 1, 2026 to Jan 1, 2027; C/M Capital consented to dividend and Series R authorization.