BrooQLy Inc. creates four series of preferred stock with distinct voting, conversion, and liquidation terms

DYNAMIC AEROSPACE SYSTEMS Corp

Series A: 25M shares, $0.015 stated value, 10:1 voting, convertible 1:3 common, liquidation preference.
Series B: 100 shares, $1 stated value, voting power equal to 200% of total other stock, convertible 1:1 upon director removal.
Series C: 329,289 shares, 1:1 voting, no liquidation pref, convertible 1:1.5 after 6-month lockup in 6 tranches.
Series D: 115,502 shares, 1:1 voting, no liquidation pref, convertible 1:1 after 6-month lockup in 6 tranches.
All series may be redeemed by the Company at closing bid price prior to conversion; Series B has unique director-linked conversion.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

DYNAMIC AEROSPACE SYSTEMS Corp: Approved and filed four Certificates of Designation creating Series A, B, C, and D Convertible Preferred Stock (effective 2025-06-24).

Change: charter amendment
Effective: 2025-06-24

Exact text from the filing

On June 24, 2025, the Board of Directors of BrooQLy Inc., a Nevada corporation (the “Company”), approved the filing with the Secretary of State of Nevada four Certificates of Designation of Rights and Preferences for the creation of four new series of preferred stock designated as the Series A Convertible Preferred Stock (the “Series A Preferred Stock”); the Series B Convertible Preferred Stock (the “Series B Preferred Stock”); the Series C Convertible Preferred Stock (the “Series C Preferred Stock”); and the Series D Convertible Preferred Stock (the “Series D Preferred Stock”).

View on SEC.gov

Browse all governance changes →

DYNAMIC AEROSPACE SYSTEMS Corp filing history →

Source: SEC EDGAR

accession 0001477932-25-004790

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.