secwatch.observer — SEC 8-K summary
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Issuer:     SRAX, Inc. (—)
CIK:        0001538217
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001493152-24-012768
Event type: other
Sentiment:  negative
Materiality: 0.40
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SRAX amends Series B Preferred stock designation, removes shareholder approval for issuance
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- Filed Certificate of Amendment to Series B Preferred Certificate of Designation on March 27, 2024.
- Removed requirement for shareholder approval per NASDAQ rules; removed Section 6(d) restricting issuance without approval.
- Added OTCQB, OTCQX, OTC Pink as permissible trading markets for the stock.
- Added Section 7(C) covering subsequent equity sales, easing future share issuances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538217/000149315224012768/0001493152-24-012768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538217/000149315224012768/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012768

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