---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-001663"
form_type: "8-K"
ticker: "ECOR"
cik: "0001560258"
company_name: "electroCore, Inc."
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T08:07:45.480594+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# electroCore declares dividend of Series A Preferred Stock with super voting rights to facilitate reverse stock split

## Summary
- Each common share receives one one-thousandth of a share of Series A Preferred; record date Dec 19, 2022.
- Each share of Series A Preferred has 1,000,000 votes; voting limited to reverse stock split proposals only.
- Series A votes are cast proportionally with common stock votes, effectively boosting holder voting power on reverse split.
- Preferred shares are non-transferable except with common, have no dividend rights, and a $0.001 liquidation preference.
- Unvoted shares are redeemed for $0.01 per 10 whole shares (rounded down to nearest multiple of ten thousand).

## SEC filing metadata
- accession: 0001193805-22-001663
- form_type: 8-K
- ticker: ECOR
- cik: 0001560258
- company_name: electroCore, Inc.
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560258/000119380522001663/0001193805-22-001663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560258/000119380522001663/e618092_8k-electrocore.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-001663
- JSON: https://secwatch.observer/filing/0001193805-22-001663.json
- Plain text: https://secwatch.observer/filing/0001193805-22-001663.txt

## Key facts
- Governance Changes
  electroCore, Inc.: Creation of Series A Preferred Stock via Certificate of Designation, including voting rights, dividend rights, liquidation preference, and redemption terms (effective 2022-12-02).
  - Change: charter amendment
  - Effective: 2022-12-02
  source text: Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Series A Preferred Stock On December 2, 2022, the board of directors (the “ Board ”) of electroCore, Inc. (the “ Company ”) declared a dividend of one one-thousandth of a share of Series A Preferred Stock, par value $0.001 per share (“ Series A Preferred Stock ”), for each outstanding share of the Company’s common stock, par value $0.001 per share (“ Common Stock ”), to stockholders of record at 5:00 p.m. Eastern Time on December 19, 2022 (the “ Record Date ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560258/000119380522001663/0001193805-22-001663-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
