other
confidence high
sentiment neutral
materiality 0.20
NewLake Capital reclassifies unissued preferred shares; adopts bylaw amendment on stockholder vote
NewLake Capital Partners, Inc.
- Filed Articles Supplementary to reclassify 125 authorized but unissued Series A Preferred shares as undesignated preferred stock.
- All 125 shares of Series A Preferred had been redeemed on April 6, 2021; no shares outstanding as of September 16, 2022.
- Board approved Second Amended and Restated Bylaws allowing stockholders to alter/repeal bylaws by majority vote of all votes entitled to be cast.