---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041689"
form_type: "8-K"
ticker: null
cik: "0001644488"
company_name: "SHARING SERVICES GLOBAL Corp"
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:13:34.372957+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Sharing Services amends Series D Preferred Stock: redemption removed, dividend set at 25% of net operating income

## Summary
- Redemption feature eliminated; company no longer required to pay $1,000 per share in cash upon holder demand.
- Annual dividend changed to 25% of net operating income, cumulative, payable in cash starting June 1, 2024.
- Amended and Restated Certificate of Designation filed with Nevada Secretary of State on November 16, 2023.
- Sole stockholder Decentralized Sharing System, Inc. approved amendment alongside the board of directors.
- Dividends accrue whether or not declared and continue to accrue even if no operating income or surplus exists.

## SEC filing metadata
- accession: 0001493152-23-041689
- form_type: 8-K
- cik: 0001644488
- company_name: SHARING SERVICES GLOBAL Corp
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1644488/000149315223041689/0001493152-23-041689-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1644488/000149315223041689/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041689
- JSON: https://secwatch.observer/filing/0001493152-23-041689.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041689.txt

## Key facts
- Governance Changes
  SHARING SERVICES GLOBAL Corp: Amended and restated Certificate of Designation for Series D Preferred Stock removing redemption feature and modifying dividend calculation (effective 2023-11-16).
  - Change: charter amendment
  - Effective: 2023-11-16
  source text: the board of directors of Sharing Services Global Corporation (the “Company”) and Decentralized Sharing System, Inc., as the sole stockholder (the “Holder”) of the Company’s Series D Preferred Stock (the “Series D Preferred Stock”), approved the adoption and filing of an Amended and Restated Certificate of Designation of the Series D Preferred Stock (the “Amended and Restated Certificate of Designation”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1644488/000149315223041689/0001493152-23-041689-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.