American International Holdings corrects Series A Preferred conversion to 150% of outstanding common

AMERICAN INTERNATIONAL HOLDINGS CORP.

Certificate of Correction filed May 18, 2023, fixes Series A Preferred conversion to 60% of post-conversion common (150% pre-conversion), not 60% of outstanding common.
Voting rights corrected to 60% of total voting stock, not 60% of outstanding common; correction retroactive to May 6, 2022 filing.
Series A Preferred has no dividends, no liquidation preference, no redemption rights; transfer of shares prohibited.
Protective provisions require majority approval for additional issuances or changes to Series A rights.
Each holder's conversion limited to 9.99% of outstanding common per notice.

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

AMERICAN INTERNATIONAL HOLDINGS CORP.: Filed Certificate of Correction to correct errors in the Certificate of Designations of Series A Convertible Preferred Stock regarding voting and conversion rights, retroactive to original filing date (effective 2023-05-18).

Change: charter amendment
Effective: 2023-05-18

Exact text from the filing

On May 18, 2023, the Company file d a Certificate of Correction with the Secretary of State of Nevada, to its Certificate of Designations of Series A Convertible Preferred Stock American International Holdings Corp. (the “ Company ”), as originally filed with the Secretary of State of Nevada on May 6, 2022 (the “ Designation ”).

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Source: SEC EDGAR

accession 0001493152-23-018603

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