other material
confidence high
sentiment neutral
materiality 0.55
SEER issues 4M preferred shares to First Block, converts to 3.6M common, extinguishes $225K debt
Strategic Environmental & Energy Resources, Inc.
- Issued 4M Series A Preferred shares to First Block with 15:1 voting ratio – first preferred stock issuance.
- On Feb 28, 2025, First Block converted all 4M preferred shares into 3.6M common shares per agreement.
- Conversion deemed $225,000 of debt owed by SEER to First Block paid in full.