Nutriband issues Series A Preferred stock dividend of 3,008,643 shares to common holders

NutriBand Inc.

Stock dividend of Series A Preferred Stock: 1 share for every 4 common shares, issued Aug 5, 2025.
Total of 3,008,643 Series A Preferred shares issued based on July 25, 2025 record date.
Series A Preferred is non-voting; converts to common stock upon FDA approval of AVERSA technology.
Board authorized up to 10,000,000 shares; initially 2,788,678 then increased by correction.
Shares are restricted and held by transfer agent; not transferable until SEC registration and Nasdaq listing.

Key facts

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

NutriBand Inc.: Amended Article 3 of the Articles of Incorporation to authorize Series A Convertible Preferred Stock, later increased to 10,000,000 shares via a Certificate of Correction (effective 2025-07-09).

Change: charter amendment
Effective: 2025-07-09

Exact text from the filing

On July 9, 2025, the Board of Directors of Nutriband Inc., a Nevada corporation (the “Company”), approved an amendment to the Articles of Incorporation of the Company to authorize a series of non-voting shares of Preferred Stock, par value $0.001 per share, titled the Series A Convertible Preferred Stock (the “Series A Preferred Stock”), by amendment of Article 3 of the Company’s Articles of Incorporation (“the Amendment”).

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Source: SEC EDGAR

accession 0001213900-25-073116

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