other material
confidence high
sentiment neutral
materiality 0.50
I-ON Digital Corp. creates Series E Convertible Preferred Stock with 500:1 conversion ratio
I-ON Digital Corp.
- Series E Convertible Preferred Stock convertible into common at 500 common shares per 1 preferred share.
- Each Series E share entitles holder to 500 votes on as-converted basis on all stockholder matters.
- Certificate of Amendment filed with Delaware Secretary of State effective January 2, 2025.