secwatch.observer — SEC 8-K summary
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Issuer:     Q/C TECHNOLOGIES, INC. (QCLS)
CIK:        0001321834
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001493152-24-013870
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.03, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321834/000149315224013870/0001493152-24-013870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321834/000149315224013870/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer