other material
confidence high
sentiment neutral
materiality 0.70
Biotricity issues 8.95M common shares on conversion of Series A Preferred
BIOTRICITY INC.
- Issued 8,952,172 common shares to investors upon conversion of 6,104 Series A Preferred shares plus accrued dividends and fees.
- Shares were issued on June 4, 2024 under Section 4(a)(2) exemption; not registered with SEC.
- The filing was made on June 7, 2024, reporting the unregistered sale of equity securities.
- Conversion of preferred stock dilutes existing common shareholders by adding 8.95M shares to outstanding count.