secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001437749-22-027769
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Windtree declares Series A Preferred dividend to secure votes for reverse stock split
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- Dividend of 1/1000th share of Series A Preferred per common share, record date Nov 28, 2022.
- Each 1/1000th Series A share carries 1,000 votes, but only on reverse split and adjournment proposals.
- Series A shares automatically redeemed for $0.01 per 10 shares after reverse split vote or Board decision.
- Shares are non-transferable except with common stock; no dividend rights; liquidation preference $0.001 per share senior to common.
- Certificate of Designation filed with Delaware SOS, effective Nov 18, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774922027769/0001437749-22-027769-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774922027769/wint20221118_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027769

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