other
confidence high
sentiment neutral
materiality 0.10
Seneca Foods amends charter to cut authorized preferred shares to 6,602
Seneca Foods Corp
- Board approved charter amendment on Sept 21, 2026 reducing Convertible Participating Preferred authorized from 4,166,667 to 6,602 shares.
- Amendment deletes Series 2003 preferred series (967,742 shares) as all such shares were retired and canceled.
- Charter also updates registered office address for the New York Secretary of State service of process.
- Retired preferred shares automatically revert to authorized Class A Preferred stock per existing charter.