Delaware court voids 3M Series F preferred shares issued to Halo Management in 2018

RetinalGenix Technologies Inc.

Court of Chancery of Delaware issued order on April 2, 2024 voiding 3,000,000 Series F Preferred shares.
Shares were issued to Halo Management LLC in 2018; board rescinded them in November 2021 for lack of consideration.
Company recorded the rescission in its accounts in Q4 2021; court order confirms the action.
Case: Sanovas, Inc. v. Lawrence J. Gerrans and Halo Management (C.A. No. 2020-0993-PAF).

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