other_material
confidence high
sentiment neutral
materiality 0.65
MedwellAI consolidates Series C and D preferred into one class; retires $2.13M in accrued dividends
MedWellAI, Inc.
- Exchanged 3,000 Series D and 1,500 Series C shares for 6,500 new Series C shares with BHP Capital NY.
- Retired $2,133,081 in accrued but unpaid dividends due to BHP Capital.
- Certificate of Designation for Series C Preferred amended; Series D class terminated.
- New Series C convertible at prior trading day's closing price of common stock.
- Exchange closed August 1, 2025; no additional consideration paid.
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