secwatch.observer — SEC 8-K summary
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Issuer:     Aditxt, Inc. (ADTX)
CIK:        0001726711
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001213900-23-057105
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.03, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726711/000121390023057105/0001213900-23-057105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726711/000121390023057105/ea181696-8k_aditxt.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-057105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer