secwatch.observer — SEC 8-K summary
======================================

Issuer:     LIGHTBRIDGE Corp (LTBR)
CIK:        0001084554
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001477932-21-009045
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Lightbridge exchanges all Series B preferred for 522,244 common shares at $10.00
--------------------------------------------------------------------------------

- Exchanged 2,666,667 Series B preferred shares for 522,244 common shares at $10.00 per share.
- Total liquidation preference plus accrued dividends approx. $5.2 million.
- Exchange was exempt from registration under Section 3(a)(9) of the Securities Act.
- All Series B preferred shares are eliminated; common stock dilution of about 522k shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084554/000147793221009045/0001477932-21-009045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084554/000147793221009045/ltbr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-21-009045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer