other material
confidence high
sentiment neutral
materiality 0.30
Rego Payment Architects increases authorized Series B preferred shares by 50,000
REGO PAYMENT ARCHITECTURES, INC.
- Filed amendment with Delaware Secretary of State on Jan 27, 2025 increasing authorized Series B Cumulative Convertible Preferred Stock from 347,222 to 397,222 shares.
- No changes to preferences, rights, or limitations of the Series B preferred stock other than the authorized share count.
- Amendment filed as Exhibit 3.1 to the 8-K; no other corporate changes reported.
- Reason for increase not disclosed; likely to allow future conversions or additional issuances.