secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vocodia Holdings Corp (VHAI)
CIK:        0001880431
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001213900-24-065006
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vocodia raises $2.8M via Series C convertible preferred; Series D preferred for reverse split vote
--------------------------------------------------------------------------------

- Sold 2,800 Series C convertible preferred shares at $1,000 each for $2.8M; conversion price initial $0.15/share.
- Issued 20,000 Series D preferred shares (total $2) with 10,000 votes each for reverse split vote.
- Closing condition: CBOE approval for continued listing after August 8 hearing; must meet minimum bid price.
- Series C carries 8% dividend, 120% liquidation preference, and redemption at 130% upon triggering events.
- Company will seek stockholder approval within 60 days to allow conversion below floor price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880431/000121390024065006/0001213900-24-065006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880431/000121390024065006/ea0210570-8k_vocodia.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-065006

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