secwatch / observer
8-K filed January 3, 2025, 6:59 PM ET CIK 0001281845
other material confidence high sentiment neutral materiality 0.40

Unique Logistics extends anti-dilution termination date for Series A, C, D preferred stock to Dec 31, 2025

Unique Logistics International, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Unique Logistics International, Inc.: Amended Series A, C, and D Convertible Preferred Stock Certificates of Designations to extend Anti-dilution Termination Date to December 31, 2025 or Qualified Financing (effective 2025-01-02).

Change
charter amendment
Effective
2025-01-02
Exact text from the filing
On December 31, 2024, Unique Logistics International, Inc. (the “Company”) filed with the Secretary of State of the State of Nevada a certificate of amendment to the Certificate of Designations, Preferences and Rights of its Series D Convertible Preferred Stock, and on January 2, 2025, certificates of amendments to the Certificates of Designations of its Series A and Series C Convertible Preferred Stock (collectively, the “Certificates of Designations”), amending (i) Section IV(b)(iii) of the Certificate of Designations of its Series A Convertible Preferred Stock, (ii) Section 7(a)(ii) of the Certificate of Designations of its Series C Convertible Preferred Stock, and (iii) Section 7(a)(ii) of the Certificate of Designations of its Series D Convertible Preferred Stock (collectively, the “Amendments”), in order to extend the Anti-dilution Termination Date (as defined in the Amendments) to the earlier of (i) December 31, 2025 or (ii) a Qualified Financing (as defined in the Certificates
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Source: SEC EDGAR
accession 0001493152-25-000264
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