other material
confidence high
sentiment neutral
materiality 0.30
Spectrum Global Solutions amends Series D Preferred Stock conversion terms ahead of potential exchange listing
HIGH WIRE NETWORKS, INC.
- Filed Amendment No. 1 to Series D Preferred Stock Certificate of Designation with Nevada Secretary of State on Dec 16, 2021.
- Amendment sets fixed conversion price as closing price on trading day prior to issuance date, subject to stock split adjustments.
- All Series D Preferred shares automatically convert into common stock on business day before listing on a national exchange.
- No financial or operational impact disclosed; no change in fiscal year.