secwatch.observer — SEC 8-K summary
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Issuer:     Unrivaled Brands, Inc. (—)
CIK:        0001451512
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001477932-23-001244
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unrivaled Brands files Certificate of Designation for Series N Preferred Stock
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- Authorized 2,500,000 shares of Series N Preferred Stock.
- Each share convertible into 100 common shares; automatic conversion on first anniversary of issuance.
- No preferential dividend rights; voting rights equal to number of common shares into which convertible.
- Liquidation preference of $1.00 aggregate for all outstanding Series N shares, then common holders share remaining assets.
- No established trading market for Series N Preferred Stock; company does not expect one to develop.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451512/000147793223001244/0001477932-23-001244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451512/000147793223001244/unrv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-001244

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