secwatch.observer — SEC 8-K summary
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Issuer:     InnovaQor, Inc. (—)
CIK:        0001102942
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001493152-23-043092
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovaQor designates Series E and F mandatory convertible preferred stock with stated value $100
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- Each series authorized 5,000 shares; stated value initially $100, increases by $20 annually.
- Series E mandatory conversion date: Dec 31, 2026; Series F: Dec 31, 2027 (subject to issuer redemption).
- No dividends; each share votes based on stated value divided by 10-day average closing price of common.
- Series E and F rank senior to common, junior to existing Series A, B, C, and D preferred.
- Company may redeem any shares in cash at stated value at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102942/000149315223043092/0001493152-23-043092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102942/000149315223043092/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-043092

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