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Internet Sciences converts all Class B shares to Class A, eliminates dual-class structure
INTERNET SCIENCES INC.
- On Sept 27, 2024, all outstanding Class B shares were converted into Class A shares.
- Amendment to Articles of Incorporation filed with Delaware Secretary of State to effect conversion.
- Voting rights consolidated into Class A shares; no cash consideration in the exchange.
- Issuance exempt from SEC registration under Section 3(a)(9) of the Securities Act.
- Board resolution and majority shareholder consent obtained for the conversion.