other_material
confidence high
sentiment neutral
materiality 0.55
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.
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