High Wire Networks exchanges $1.6M debt for Series H Convertible Preferred Stock

HIGH WIRE NETWORKS, INC.

Exchanged $650,000 of 2023 Note and $950,000 of 2025 Debenture for 160 shares of Series H Convertible Preferred Stock.
Series H has stated value $10,000/share, cumulative quarterly dividends of $1,000/share, convertible after 1 year at $1.00/common share.
Remaining balances of Note and Debenture stay outstanding under original terms.
Series H has liquidation preference over common and can be redeemed by company at 100% stated value plus accrued dividends.

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

HIGH WIRE NETWORKS, INC.: Filed Certificate of Designation for Series H Convertible Preferred Stock (effective 2025-05-22).

Change: charter amendment
Effective: 2025-05-22

Exact text from the filing

On May 22, 2025, the Company filed a Certificate of Designation for the Series H Stock with the Secretary of State of the State of Nevada

View on SEC.gov

Browse all governance changes →

HIGH WIRE NETWORKS, INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-048947

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.