m_and_a
confidence high
sentiment neutral
materiality 0.60
Brag House Holdings designates Series C Convertible Preferred Stock, convertible into 325M common shares
Brag House Holdings, Inc.
- 65 shares of Series C Preferred designated, each convertible into 5,000,000 common shares, subject to 4.99% beneficial ownership limitation (can increase to 9.99% on 61 days' notice).
- Series C votes with common on as-converted basis; dividends paid as-converted when declared on common.
- Liquidation preference: senior to common, pari passu with existing preferred, junior only to expressly senior securities.
- Designation made pursuant to Section 7.22 of the October 12, 2025 Merger Agreement with House of Doge and Brag House Merger Sub.
- Standard anti-dilution adjustments for stock splits, dividends, recapitalizations.
item 5.03item 9.01