other material
confidence high
sentiment neutral
materiality 0.30
US Foods reports conversion of 161,237 Series A preferred shares into 7.6M common shares
US Foods Holding Corp.
- Holder converted 161,237 Series A Preferred shares into 7,600,037 common shares on March 10, 2023.
- Conversion price was $21.50 per common share, subject to adjustments under the Certificate of Designations.
- Issuance exempt from registration under Section 3(a)(9) of Securities Act as exchange with existing holder.
- No commissions or remuneration were paid in connection with the conversion.