---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-000498"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T11:37:30.592442+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings amends Series V Preferred Stock terms: 25M shares authorized, 2x voting, auto-conversion in 4 years

## Summary
- Series V Preferred Stock has no preferential dividend rights; dividends at Board's discretion.
- Each share carries voting power equal to 2x the number of common shares it is convertible into.
- Each share converts into 1/3 common share; automatic conversion on 4th anniversary of issuance; optional after 1 year.
- Liquidation preference: aggregate $1.00 for all outstanding Series V shares before junior stock distributions.
- No established trading market for Series V; company does not plan to list on any exchange.

## SEC filing metadata
- accession: 0001437749-25-000498
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774925000498/0001437749-25-000498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774925000498/blmh20250106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-000498
- JSON: https://secwatch.observer/filing/0001437749-25-000498.json
- Plain text: https://secwatch.observer/filing/0001437749-25-000498.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.