secwatch.observer — SEC 8-K summary
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Issuer:     REGIONAL HEALTH PROPERTIES, INC (RHEP)
CIK:        0001004724
Form:       8-K/A
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001493152-23-005987
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.07, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RHE declares Series E Preferred Stock dividend with super-voting rights to facilitate charter amendment
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- Board declared dividend of 1/1,000th share of Series E Preferred Stock per common share, payable Feb 28, 2023 to holders of record Feb 27.
- Each Series E share has 1,000,000 votes, voting only on charter amendment to reduce Series A Preferred liquidation preference to $5.00.
- Series E shares have no dividends, $0.01 liquidation preference, and are redeemable for no consideration before polls on charter amendment.
- Annual meeting results corrected: six directors elected; advisory vote on exec compensation approved (280,637 for); auditor ratified (881,086 for).
- Series E shares automatically vote in same proportion as the common shares with which they were issued, giving management control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223005987/0001493152-23-005987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223005987/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-005987

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