MyMD defers preferred stock payments, amends certificate to grant voting rights and board seat to preferred holders

Q/C TECHNOLOGIES, INC.

Deferred March and April 2024 installment payments on Series F Preferred Stock to May 1, 2024, and waived related breaches.
Amended Certificate of Designations: preferred shareholders get as-converted voting rights at $60.21 conversion price.
Preferred shareholders granted right to elect one director by June 30, 2024.
Board increased from 6 to 7; Mitchell Glass appointed as director, elected by preferred holders.

item 1.01 item 3.03 item 5.02 item 5.03 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mitchell Glass

Director

QCLS · Q/C TECHNOLOGIES, INC.

Effective: 2024-04-08
Filed: April 8, 2024, 7:59 PM ET

the Company increased the authorized number of directors from six (6) to seven (7) and appointed Mitchell Glass to serve as a member of the Company’s board of directors

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Mitchell Glass was appointed as Director at Q/C TECHNOLOGIES, INC..

Action: appointed
Role: Director

Exact text from the filing

the Company increased the authorized number of directors from six (6) to seven (7) and appointed Mitchell Glass to serve as a member of the Company’s board of directors

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Q/C TECHNOLOGIES, INC. amended Amended and Restated Certificate of Designations of Series F Convertible Preferred Stock with Required Holders valued at Amends voting rights and director election rights for holders of Series F Convertible Preferred Stoc (effective 2024-04-08).

Action: amendment
Counterparty: Required Holders
Value: Amends voting rights and director election rights for holders of Series F Convertible Preferred Stoc
Effective: 2024-04-08

Exact text from the filing

The Amended and Restated Certificate of Designations was filed with the Secretary of State of the State of Delaware, effective as of April 8, 2024.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Q/C TECHNOLOGIES, INC. amended Omnibus Waiver and Amendment with Required Holders valued at Deferred installment amounts due March 1, 2024 and April 1, 2024 to May 1, 2024; waived breaches; am (effective 2024-04-05).

Action: amendment
Counterparty: Required Holders
Value: Deferred installment amounts due March 1, 2024 and April 1, 2024 to May 1, 2024; waived breaches; am
Effective: 2024-04-05

Exact text from the filing

On April 5, 2024, the Company entered into an Omnibus Waiver and Amendment (the “Omnibus Agreement”) with the Required Holders (as defined in the Certificate of Designations).

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419 material agreements filed in the last 30 days. Browse all material agreements →

Q/C TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-013870

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