Aditxt issues Series C Preferred to CEO with 250M votes on reverse split proposal

Aditxt, Inc.

Issued one share of Series C Preferred to CEO Amro Albanna for $1,000 on July 11, 2023.
Preferred carries 250M votes, voting only on a reverse stock split proposal, proportionally to common.
Non-convertible, no dividends, no liquidation rights; redeemable for $1,000 upon board order or reverse split effectiveness.
Sale exempt from registration under Section 4(a)(2); certificate of designation filed with Delaware.

item 1.01 item 5.03 item 3.02 item 3.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Aditxt, Inc.: Filed a Certificate of Designation designating the rights, preferences, privileges and restrictions of a new series of Preferred Stock (effective 2023-07-11).

Change: charter amendment
Effective: 2023-07-11

Exact text from the filing

On July 11, 2023, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of Delaware, effective as of the time of filing, designating the rights, preferences, privileges and restrictions of the share of Preferred Stock.

View on SEC.gov

89 governance changes filed in the last 30 days. Browse all governance changes →

Aditxt, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-057105

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.